Report Dominican Republic - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Dominican Republic - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Sweet Potato Market 2025

Sweet Potato Market Size in the Dominican Republic

In 2021, after five years of growth, there was significant decline in the Dominican sweet potato market, when its value decreased by -7.3% to $X. The market value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Sweet potato consumption peaked at $X in 2020, and then shrank in the following year.

Sweet Potato Production in the Dominican Republic

In value terms, sweet potato production skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +92.8% against 2015 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

In 2021, the average sweet potato yield in the Dominican Republic declined to X tons per ha, which is down by -5% compared with the previous year. Overall, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the yield increased by 3.6% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2021, the growth of the average sweet potato yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sweet potato harvested area in the Dominican Republic was estimated at X ha in 2021, growing by 3.1% against the previous year's figure. The harvested area increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the harvested area increased by 16%. Over the period under review, the harvested area dedicated to sweet potato production reached the peak figure in 2021 and is likely to see steady growth in the near future.

Sweet Potato Exports

Exports from the Dominican Republic

In 2021, shipments abroad of sweet potatoes was finally on the rise to reach X tons after two years of decline. In general, exports, however, showed a perceptible curtailment. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, sweet potato exports rose significantly to $X in 2021. Overall, total exports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -30.7% against 2018 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 46%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for sweet potato exports from the Dominican Republic, with a 69% share of total exports. It was followed by Belgium (X tons), with a 1.6% share of total exports. British Virgin Islands (X tons) ranked third in terms of total exports with a 1.3% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+1,208.9% per year) and British Virgin Islands (+19.6% per year).

In value terms, the United States ($X) remains the key foreign market for sweet potatoes exports from the Dominican Republic, comprising 92% of total exports. The second position in the ranking was held by Belgium ($X), with a 3.2% share of total exports. It was followed by France, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+916.8% per year) and France (+3.1% per year).

Export Prices by Country

The average sweet potato export price stood at $X per ton in 2021, declining by -22.1% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the average export price increased by 39% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to British Virgin Islands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sweet Potato Imports

Imports into the Dominican Republic

Sweet potato imports into the Dominican Republic soared to X tons in 2021, growing by 64% on the previous year. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 337% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, sweet potato imports skyrocketed to $X in 2021. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 337% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest sweet potato supplier to the Dominican Republic, with a 88% share of total imports. Moreover, sweet potato imports from the United States exceeded the figures recorded by the second-largest supplier, Belgium (X tons), eightfold.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +40.0%.

In value terms, the United States ($X) constituted the largest supplier of sweet potatoes to the Dominican Republic, comprising 90% of total imports. The second position in the ranking was taken by Belgium ($X), with a 9.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +43.8%.

Import Prices by Country

In 2021, the average sweet potato import price amounted to $X per ton, waning by -8.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 29% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest sweet potato consuming country worldwide, comprising approx. 55% of total volume. Moreover, sweet potato consumption in China exceeded the figures recorded by the second-largest consumer, Malawi, eightfold. Tanzania ranked third in terms of total consumption with a 4.6% share.
The country with the largest volume of sweet potato production was China, accounting for 56% of total volume. Moreover, sweet potato production in China exceeded the figures recorded by the second-largest producer, Malawi, eightfold. The third position in this ranking was occupied by Tanzania, with a 4.6% share.
In value terms, the United States constituted the largest supplier of sweet potato to the Dominican Republic, comprising 79% of total imports. The second position in the ranking was occupied by Belgium, with a 21% share of total imports.
In value terms, the United States remains the key foreign market for sweet potato exports from the Dominican Republic, comprising 92% of total exports. The second position in the ranking was occupied by France, with a 4.6% share of total exports.
The average sweet potato export price stood at $695 per ton in 2021, waning by -22% against the previous year.
The average sweet potato import price stood at $1,404 per ton in 2021, reducing by -12.9% against the previous year.

This report provides an in-depth analysis of the sweet potato 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:

  • FCL 122 - Sweet potatoes

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:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

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. 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. 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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2024
    23. Production, In Value Terms, 2012–2024
    24. Area Harvested, 2012–2024
    25. Yield, 2012–2024
    26. Imports, In Physical Terms, 2012–2024
    27. Imports, In Value Terms, 2012–2024
    28. Imports, In Physical Terms, By Country, 2024
    29. Imports, In Physical Terms, By Country, 2012–2024
    30. Imports, In Value Terms, By Country, 2012–2024
    31. Import Prices, By Country Of Origin, 2012–2024
    32. Exports, In Physical Terms, 2012–2024
    33. Exports, In Value Terms, 2012–2024
    34. Exports, In Physical Terms, By Country, 2024
    35. Exports, In Physical Terms, By Country, 2012–2024
    36. Exports, In Value Terms, By Country, 2012–2024
    37. Export Prices, By Country Of Destination, 2012–2024

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