Report Update Nov 1, 2024

Dominican Republic - Tomato Juice - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Tomato Juice Market 2024

Tomato Juice Market Size in the Dominican Republic

After two years of growth, the Dominican tomato juice market decreased by -13.6% to $X in 2022. Over the period under review, consumption, however, saw a significant expansion. Tomato juice consumption peaked at $X in 2021, and then declined in the following year.

Tomato Juice Production in the Dominican Republic

In value terms, tomato juice production amounted to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 4.5% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Tomato Juice Exports

Exports from the Dominican Republic

In 2022, tomato juice exports from the Dominican Republic shrank sharply to X tons, waning by -77.5% compared with 2021. In general, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2015 with an increase of 5,216% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, tomato juice exports contracted significantly to $X in 2022. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2015 with an increase of 3,911% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Turks and Caicos Islands (X tons), France (X tons) and Haiti (X kg) were the main destinations of tomato juice exports from the Dominican Republic, together comprising 85% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turks and Caicos Islands (with a CAGR of +981.5%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for tomato juice exports from the Dominican Republic, comprising 61% of total exports. The second position in the ranking was held by Turks and Caicos Islands ($X), with a 20% share of total exports. It was followed by Switzerland, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to +93.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turks and Caicos Islands (+768.3% per year) and Switzerland (+23.8% per year).

Export Prices by Country

In 2022, the average tomato juice export price amounted to $X per ton, with an increase of 165% against the previous year. Over the period under review, the export price saw a resilient increase. The pace of growth appeared the most rapid in 2013 an increase of 237%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, 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 France ($X per ton), while the average price for exports to Haiti ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.7%), while the prices for the other major destinations experienced mixed trend patterns.

Tomato Juice Imports

Imports into the Dominican Republic

In 2022, supplies from abroad of tomato juice decreased by -13.7% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 257%. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, tomato juice imports fell notably to $X in 2022. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 261% against the previous year. As a result, imports reached the peak of $X, and then shrank significantly in the following year.

Imports by Country

In 2022, the United States (X tons) was the main tomato juice supplier to the Dominican Republic, accounting for a approx. 99.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to +28.4%.

In value terms, the United States ($X) constituted the largest supplier of tomato juice to the Dominican Republic.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +40.0%.

Import Prices by Country

In 2022, the average tomato juice import price amounted to $X per ton, declining by -5.5% against the previous year. In general, the import price, however, posted resilient growth. The growth pace was the most rapid in 2016 an increase of 61% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +9.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tomato juice in the world?

The countries with the highest volumes of tomato juice consumption in 2021 were Russia, India and Japan, together comprising 53% of global consumption.

What are the largest producers of tomato juice in the world?

The countries with the highest volumes of tomato juice production in 2021 were Russia, India and Japan, together accounting for 52% of global production. Canada, Spain, France, the UK, Italy, Afghanistan, China, Turkey and Kenya lagged somewhat behind, together comprising a further 32%.

What are the leading suppliers of tomato juice to the Dominican Republic?

In value terms, the United States constituted the largest supplier of tomato juice to the Dominican Republic, comprising 80% of total imports. The second position in the ranking was occupied by Spain, with a 10% share of total imports. It was followed by Guatemala, with a 4.4% share.

What are the leading importers of tomato juice from the Dominican Republic?

In value terms, Haiti, Jamaica and France were the largest markets for tomato juice exported from the Dominican Republic worldwide, together accounting for 95% of total exports.

What is the average export price for tomato juice in the Dominican Republic?

In 2021, the average tomato juice export price amounted to $1,126 per ton, shrinking by -18.6% against the previous year.

What is the average import price for tomato juice in the Dominican Republic?

In 2021, the average tomato juice import price amounted to $1,508 per ton, declining by -15% against the previous year.

This report provides an in-depth analysis of the tomato juice 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 390 - Juice of Tomatoes

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:

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
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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