Dominican Republic: Roasted Decaffeinated Coffee Market 2024

Roasted Decaffeinated Coffee Market Size in the Dominican Republic

The Dominican roasted decaffeinated coffee market rose notably to $X in 2022, increasing by 8.5% against the previous year. Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -6.6% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Roasted Decaffeinated Coffee Production in the Dominican Republic

In value terms, roasted decaffeinated coffee production rose remarkably to $X in 2022 estimated in export price. In general, the total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -7.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 39% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Roasted Decaffeinated Coffee Exports

Exports from the Dominican Republic

In 2022, shipments abroad of roasted decaffeinated coffee decreased by -33.2% to X tons, falling for the fourth consecutive year after three years of growth. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 392% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, roasted decaffeinated coffee exports dropped to $X in 2022. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 when exports increased by 201%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X kg) was the main destination for roasted decaffeinated coffee exports from the Dominican Republic, accounting for a 39% share of total exports. Moreover, roasted decaffeinated coffee exports to the United States exceeded the volume sent to the second major destination, Aruba (X kg), twofold. The third position in this ranking was held by Barbados (X kg), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to -6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Aruba (+26.8% per year) and Barbados (+18.6% per year).

In value terms, the largest markets for roasted decaffeinated coffee exported from the Dominican Republic were the United States ($X), Aruba ($X) and Barbados ($X), together accounting for 62% of total exports.

Aruba, with a CAGR of +26.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average roasted decaffeinated coffee export price stood at $X per ton in 2022, jumping by 28% against the previous year. Over the period under review, the export price showed a measured increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 70% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Guyana ($X per ton) and Barbados ($X per ton), while the average price for exports to the United States ($X per ton) and Curacao ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

Roasted Decaffeinated Coffee Imports

Imports into the Dominican Republic

Roasted decaffeinated coffee imports into the Dominican Republic rose remarkably to X tons in 2022, with an increase of 7.8% against 2021 figures. Overall, imports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2015 with an increase of 100%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, roasted decaffeinated coffee imports surged to $X in 2022. Over the period under review, imports, however, recorded a deep setback. The pace of growth was the most pronounced in 2015 when imports increased by 93% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), Colombia (X tons) and Italy (X tons) were the main suppliers of roasted decaffeinated coffee imports to the Dominican Republic, together comprising 83% of total imports. These countries were followed by Switzerland, Spain and Mexico, which together accounted for a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +66.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest roasted decaffeinated coffee suppliers to the Dominican Republic were the United States ($X), Switzerland ($X) and Colombia ($X), with a combined 78% share of total imports. These countries were followed by Spain, Mexico and Italy, which together accounted for a further 21%.

Spain, with a CAGR of +76.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average roasted decaffeinated coffee import price stood at $X per ton in 2022, surging by 27% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, roasted decaffeinated coffee import price increased by +14.4% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 56% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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