Dominican Republic: Market for Roots and Tubers, nes 2022

Market Size for Roots and Tubers, nes in the Dominican Republic

The Dominican roots and tubers, nes market fell slightly to $X in 2020, waning by -X% against the previous year. Over the period under review, consumption showed a temperate increase. The pace of growth was the most pronounced in 2019 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X, and then dropped slightly in the following year.

Production of Roots and Tubers, nes in the Dominican Republic

In value terms, roots and tubers, nes production dropped to $X in 2020 estimated in export prices. Over the period under review, production enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. As a result, production attained the peak level of $X, and then dropped in the following year.

In 2020, the average roots and tubers, nes yield in the Dominican Republic fell to X tons per ha, therefore, remained relatively stable against 2019. Overall, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the yield increased by X% against the previous year. Over the period under review, the average roots and tubers, nes yield hit record highs at X tons per ha in 2010; however, from 2011 to 2020, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of roots and tubers, nes production in the Dominican Republic amounted to X ha, increasing by X% compared with the previous year. Overall, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to roots and tubers, nes production attained the peak figure in 2020 and is expected to retain growth in the immediate term.

Exports of Roots and Tubers, nes

Exports from the Dominican Republic

In 2020, roots and tubers, nes exports from the Dominican Republic shrank to X tons, reducing by -X% against 2019. Overall, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Exports peaked at X tons in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

In value terms, roots and tubers, nes exports contracted dramatically to $X in 2020. In general, exports recorded a abrupt setback. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. As a result, exports reached the peak of $X. from 2017 to 2020, the growth exports remained at a lower figure.

Exports by Country

The U.S. (X tons) was the main destination for roots and tubers, nes exports from the Dominican Republic, accounting for a X% share of total exports. Moreover, roots and tubers, nes exports to the U.S. exceeded the volume sent to the second major destination, France (X tons), eightfold. Haiti (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the U.S. amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Haiti (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for roots and tubers, nes exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Haiti, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the U.S. amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Haiti (+X% per year).

Export Prices by Country

The average roots and tubers, nes export price stood at $X per ton in 2020, which is down by -X% against the previous year. Overall, the export price, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per ton, and then dropped in the following year.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was France ($X per ton), while the average price for exports to Curacao ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Imports of Roots and Tubers, nes

Imports into the Dominican Republic

For the sixth consecutive year, the Dominican Republic recorded growth in overseas purchases of roots and tubers, nes, which increased by X% to X tons in 2020. Over the period under review, imports posted a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Imports peaked in 2020 and are likely to continue growth in the near future.

In value terms, roots and tubers, nes imports skyrocketed to $X in 2020. In general, imports posted prominent growth. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, Ecuador (X tons) was the main roots and tubers, nes supplier to the Dominican Republic, with a X% share of total imports. Moreover, roots and tubers, nes imports from Ecuador exceeded the figures recorded by the second-largest supplier, Costa Rica (X tons), fourfold.

From 2007 to 2020, the average annual growth rate of volume from Ecuador stood at +X%.

In value terms, Ecuador ($X) constituted the largest supplier of roots and tubers, nes to the Dominican Republic, comprising X% of total imports. The second position in the ranking was occupied by Costa Rica ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Ecuador totaled +X%.

Import Prices by Country

The average roots and tubers, nes import price stood at $X per ton in 2020, approximately mirroring the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per ton. from 2015 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Costa Rica ($X per ton), while the price for Ecuador totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Costa Rica.

Source: IndexBox Platform

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