Dominican Republic: Vegetable Product Market 2025

Vegetable Product Market Size in the Dominican Republic

The Dominican vegetable product market was estimated at $X in 2022, increasing by 3.4% against the previous year. The market value increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Vegetable product consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Vegetable Product Production in the Dominican Republic

In value terms, vegetable product production expanded sharply to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

The average yield of vegetable products in the Dominican Republic stood at X tons per ha in 2022, remaining stable against the year before. In general, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 36%. The vegetable product yield peaked at X tons per ha in 2018; however, from 2019 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of vegetable products production in the Dominican Republic dropped slightly to X ha, declining by -1.8% compared with the previous year's figure. The harvested area increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the harvested area increased by 6.6% against the previous year. The vegetable product harvested area peaked at X ha in 2021, and then declined slightly in the following year.

Vegetable Product Exports

Exports from the Dominican Republic

Vegetable product exports from the Dominican Republic fell remarkably to X tons in 2022, shrinking by -90.2% compared with the previous year. In general, exports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 196% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, vegetable product exports reduced remarkably to $X in 2022. Over the period under review, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2018 with an increase of 225%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for vegetable product exports from the Dominican Republic, accounting for a approx. 99% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to -25.1%.

In value terms, the United States ($X) also remains the key foreign market for vegetable products exports from the Dominican Republic.

From 2012 to 2022, the average annual growth rate of value to the United States totaled -25.9%.

Export Prices by Country

The average vegetable product export price stood at $X per ton in 2022, reducing by -23.5% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, 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 France amounted to +3.7% per year.

Vegetable Product Imports

Imports into the Dominican Republic

In 2022, after three years of growth, there was significant decline in purchases abroad of vegetable products, when their volume decreased by -47.9% to X tons. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2014 when imports increased by 187% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then shrank markedly in the following year.

In value terms, vegetable product imports dropped markedly to $X in 2022. Overall, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 103% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then contracted rapidly in the following year.

Imports by Country

In 2022, Spain (X tons) was the main supplier of vegetable product to the Dominican Republic, with a 91% share of total imports. Moreover, vegetable product imports from Spain exceeded the figures recorded by the second-largest supplier, the United States (X kg), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to +13.4%.

In value terms, Spain ($X) constituted the largest supplier of vegetable products to the Dominican Republic, comprising 75% of total imports. The second position in the ranking was taken by the United States ($X), with a 25% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Spain was relatively modest.

Import Prices by Country

In 2022, the average vegetable product import price amounted to $X per ton, with a decrease of -13.4% against the previous year. Overall, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 26% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the United States ($X per ton), while the price for Spain totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.2%).

Source: IndexBox Platform

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