Dominican Republic: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in the Dominican Republic

The Dominican uncooked pasta market fell to $X in 2021, reducing by -9.5% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Uncooked pasta consumption peaked at $X in 2020, and then contracted in the following year.

Uncooked Pasta Production in the Dominican Republic

In value terms, uncooked pasta production shrank slightly to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 15% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Uncooked Pasta Exports

Exports from the Dominican Republic

In 2021, approx. X tons of uncooked pasta were exported from the Dominican Republic; with an increase of 81% against 2020 figures. In general, exports, however, recorded a pronounced downturn. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, uncooked pasta exports skyrocketed to $X in 2021. Overall, exports, however, saw a pronounced slump. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Haiti (X tons) was the main destination for uncooked pasta exports from the Dominican Republic, with a 94% share of total exports. It was followed by the United States (X tons), with a 2.6% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Haiti totaled +9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-10.2% per year) and Venezuela (-59.4% per year).

In value terms, Haiti ($X) remains the key foreign market for uncooked pasta exports from the Dominican Republic, comprising 93% of total exports. The second position in the ranking was taken by the United States ($X), with a 3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Haiti totaled +9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-9.8% per year) and Venezuela (-58.0% per year).

Export Prices by Country

In 2021, the average uncooked pasta export price amounted to $X per ton, surging by 3.2% against the previous year. In general, the export price, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2018 an increase of 6.9%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Venezuela ($X per ton), while the average price for exports to Haiti ($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 Venezuela (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Uncooked Pasta Imports

Imports into the Dominican Republic

In 2021, uncooked pasta imports into the Dominican Republic rose notably to X tons, surging by 15% on 2020 figures. In general, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 37% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, uncooked pasta imports expanded remarkably to $X in 2021. Overall, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 31% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Guatemala (X tons), Italy (X tons) and Turkey (X tons) were the main suppliers of uncooked pasta imports to the Dominican Republic, together comprising 75% of total imports. The United States, Egypt, Costa Rica and Spain lagged somewhat behind, together comprising a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +182.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Guatemala ($X), Italy ($X) and the United States ($X) constituted the largest uncooked pasta suppliers to the Dominican Republic, with a combined 72% share of total imports. These countries were followed by Turkey, Costa Rica, Spain and Egypt, which together accounted for a further 21%.

In terms of the main suppliers, Egypt, with a CAGR of +187.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average uncooked pasta import price stood at $X per ton in 2021, standing approx. at the previous year. Overall, the import price continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by 6.1% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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