Flakes; of Potatoes Price in the Dominican Republic - 2023

Contents:

  1. Flakes; of Potatoes Price in the Dominican Republic (CIF) - 2022
  2. Flakes; of Potatoes Imports in the Dominican Republic

Flakes; of Potatoes Price in the Dominican Republic (CIF) - 2022

The average flakes; of potatoes import price stood at $2,225 per ton in 2022, rising by 33% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flakes; of potatoes import price increased by +69.1% against 2020 indices. The import price peaked at $2,283 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($2,502 per ton) and Belgium ($2,482 per ton), while the price for Spain ($1,814 per ton) and the Netherlands ($1,924 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Imports in the Dominican Republic

For the third year in a row, the Dominican Republic recorded decline in supplies from abroad of flakes; of potatoeses, which decreased by -39.5% to 37 tons in 2022. Overall, imports saw a dramatic slump. The smallest decline of -12.5% was in 2021.

In value terms, flakes; of potatoes imports dropped sharply to $83K in 2022. Over the period under review, imports saw a sharp slump. The growth pace was the most rapid in 2021 when imports increased by 11% against the previous year.

Import of Flakes; of Potatoes in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium79.515.510.428.8-28.7%
United States0.90.46.723.7197.5%
Netherlands54.133.441.818.0-30.7%
Spain15.34.02.312.2-7.3%
IndiaN/A3.9N/AN/A0%
Canada6.85.84.4N/A-19.6%
Others83.229.537.0N/A-33.3%
Total24092.410382.7-29.9%

Top Suppliers of Flakes; of Potatoes to the Dominican Republic in 2022:

  1. Belgium (11.6 tons)
  2. United States (9.5 tons)
  3. Netherlands (9.4 tons)
  4. Spain (6.8 tons)

Source: IndexBox Market Intelligence Platform

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