Dominican Republic: Soya Sauce Market 2025

Soya Sauce Market Size in the Dominican Republic

The Dominican soya sauce market surged to $X in 2022, jumping by 21% against the previous year. In general, consumption enjoyed prominent growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Soya Sauce Production in the Dominican Republic

In value terms, soya sauce production expanded sharply to $X in 2022 estimated in export price. Overall, production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 85% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Soya Sauce Exports

Exports from the Dominican Republic

For the ninth consecutive year, the Dominican Republic recorded growth in overseas shipments of soya sauce, which increased by 7.8% to X tons in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 728% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, soya sauce exports reached $X in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 529%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for soya sauce exports from the Dominican Republic, accounting for a 91% share of total exports. Moreover, soya sauce exports to the United States exceeded the volume sent to the second major destination, Haiti (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +77.8%.

In value terms, the United States ($X) remains the key foreign market for soya sauce exports from the Dominican Republic, comprising 90% of total exports. The second position in the ranking was taken by Haiti ($X), with a 7.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +73.2%.

Export Prices by Country

In 2022, the average soya sauce export price amounted to $X per ton, surging by 6.1% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 49%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($X per ton), while the average price for exports to the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+3.3%).

Soya Sauce Imports

Imports into the Dominican Republic

In 2022, imports of soya sauce into the Dominican Republic surged to X tons, picking up by 27% against the previous year. In general, imports showed a buoyant increase. The growth pace was the most rapid in 2014 with an increase of 34% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, soya sauce imports skyrocketed to $X in 2022. Over the period under review, imports posted a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest soya sauce supplier to the Dominican Republic, accounting for a 83% share of total imports. Moreover, soya sauce imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at +19.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.8% per year) and Costa Rica (+51.7% per year).

In value terms, the United States ($X) constituted the largest supplier of soya sauce to the Dominican Republic, comprising 85% of total imports. The second position in the ranking was held by China ($X), with an 8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +20.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.7% per year) and Costa Rica (+62.8% per year).

Import Prices by Country

In 2022, the average soya sauce import price amounted to $X per ton, surging by 14% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 19%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Costa Rica ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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