Report Update Nov 1, 2024

Dominican Republic - Spirits Obtained From Distilled Grape Wine or Grape Marc - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Grape Wine Spirits Market 2024

Grape Wine Spirits Exports

Exports from the Dominican Republic

For the third consecutive year, the Dominican Republic recorded decline in overseas shipments of spirits obtained from distilled grape wine or grape marc, which decreased by -66.5% to X litres in 2022. Overall, exports showed a precipitous contraction. The growth pace was the most rapid in 2017 when exports increased by 1,057%. Over the period under review, the exports attained the peak figure at X litres in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, grape wine spirits exports dropped rapidly to $X in 2022. In general, exports saw a pronounced slump. The growth pace was the most rapid in 2017 when exports increased by 2,163% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Turks and Caicos Islands (X litres) was the main destination for grape wine spirits exports from the Dominican Republic, accounting for a 73% share of total exports. Moreover, grape wine spirits exports to Turks and Caicos Islands exceeded the volume sent to the second major destination, the United States (X litres), threefold.

From 2012 to 2022, the average annual growth rate of volume to Turks and Caicos Islands totaled -10.0%.

In value terms, the United States ($X) remains the key foreign market for spirits obtained from distilled grape wine or grape marc exports from the Dominican Republic, comprising 41% of total exports. The second position in the ranking was held by Turks and Caicos Islands ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +39.2%.

Export Prices by Country

The average grape wine spirits export price stood at $X per litre in 2022, reducing by -30.1% against the previous year. Overall, the export price, however, saw significant growth. The pace of growth was the most pronounced in 2013 an increase of 113%. Over the period under review, the average export prices hit record highs at $X per litre in 2021, and then shrank notably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per litre), while the average price for exports to Turks and Caicos Islands stood at $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+32.3%), while the prices for the other major destinations experienced more modest paces of growth.

Grape Wine Spirits Imports

Imports into the Dominican Republic

In 2022, supplies from abroad of spirits obtained from distilled grape wine or grape marc increased by 4.2% to X litres, rising for the second consecutive year after two years of decline. Overall, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 159% against the previous year. Imports peaked at X litres in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, grape wine spirits imports expanded sharply to $X in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 237%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, France (X litres) constituted the largest grape wine spirits supplier to the Dominican Republic, with a 86% share of total imports. Moreover, grape wine spirits imports from France exceeded the figures recorded by the second-largest supplier, Spain (X litres), eightfold. Italy (X litres) ranked third in terms of total imports with a 3% share.

From 2012 to 2022, the average annual growth rate of volume from France stood at +16.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+6.0% per year) and Italy (+11.8% per year).

In value terms, France ($X) constituted the largest supplier of spirits obtained from distilled grape wine or grape marc to the Dominican Republic, comprising 94% of total imports. The second position in the ranking was taken by Spain ($X), with a 4.5% share of total imports. It was followed by Italy, with a 0.8% share.

From 2012 to 2022, the average annual growth rate of value from France amounted to +30.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+7.8% per year) and Italy (+11.7% per year).

Import Prices by Country

The average grape wine spirits import price stood at $X per litre in 2022, rising by 6.3% against the previous year. Overall, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 77%. As a result, import price reached the peak level of $X per litre. From 2018 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for spirits obtained from distilled grape wine or grape marc in the world?

The country with the largest volume of grape wine spirits consumption was the United States, accounting for 56% of total volume. Moreover, grape wine spirits consumption in the United States exceeded the figures recorded by the second-largest consumer, China, fivefold. The third position in this ranking was occupied by India, with a 4.3% share.

What are the largest producers of spirits obtained from distilled grape wine or grape marc in the world?

The country with the largest volume of grape wine spirits production was the United States, comprising approx. 55% of total volume. Moreover, grape wine spirits production in the United States exceeded the figures recorded by the second-largest producer, China, sixfold. The third position in this ranking was occupied by France, with a 6.8% share.

What are the leading suppliers of spirits obtained from distilled grape wine or grape marc to the Dominican Republic?

In value terms, France constituted the largest supplier of grape wine spirits to the Dominican Republic, comprising 61% of total imports. The second position in the ranking was occupied by Mexico, with an 18% share of total imports. It was followed by the UK, with a 9.9% share.

What are the leading importers of spirits obtained from distilled grape wine or grape marc from the Dominican Republic?

In value terms, the United States, Germany and Portugal appeared to be the largest markets for grape wine spirits exported from the Dominican Republic worldwide, together accounting for 93% of total exports.

What is the average export price for spirits obtained from distilled grape wine or grape marc in the Dominican Republic?

The average grape wine spirits export price stood at $4.1 per litre in 2021, growing by 43% against the previous year.

What is the average import price for spirits obtained from distilled grape wine or grape marc in the Dominican Republic?

The average grape wine spirits import price stood at $13 per litre in 2021, shrinking by -6.3% against the previous year.

This report provides an in-depth analysis of the grape wine spirits market in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 11011020 - Spirits obtained from distilled grape wine or grape marc (important: excluding alcohol duty)

Country coverage:

Dominican Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Dominican Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023