Dominican Republic - Dried, Undried And Frozen Pasta And Pasta Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPasta Products Price in the Dominican Republic - 2023
Contents:
- Pasta Products Price in the Dominican Republic (CIF) - 2022
- Pasta Products Price in the Dominican Republic (FOB) - 2022
- Pasta Products Imports in the Dominican Republic
- Pasta Products Exports in the Dominican Republic
Pasta Products Price in the Dominican Republic (CIF) - 2022
In 2022, the average pasta products import price amounted to $2,933 per ton, jumping by 33% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($6,350 per ton), while the price for Brazil ($2,477 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Pasta Products Price in the Dominican Republic (FOB) - 2022
The average pasta products export price stood at $1,519 per ton in 2022, increasing by 20% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pasta products export price increased by +33.7% against 2019 indices. The growth pace was the most rapid in 2016 when the average export price increased by 31% against the previous year. The export price peaked at $1,886 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.1% per year.
Pasta Products Imports in the Dominican Republic
In 2022, overseas purchases of dried, undried and frozen pasta and pasta products decreased by -0.7% to 132 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of 133 tons, leveling off in the following year.
In value terms, pasta products imports surged to $389K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Pasta Products in the Dominican Republic (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 0.2 | 42.9 | 62.0 | 227 | 943.1% |
South Korea | 6.2 | 51.8 | 47.9 | 85.9 | 140.2% |
United States | 122 | 59.2 | 82.1 | 41.8 | -30.0% |
Italy | 41.8 | 59.7 | 42.8 | 32.6 | -8.0% |
Spain | 34.7 | 27.9 | 10.2 | N/A | -45.8% |
China | 7.8 | 1.4 | 30.1 | N/A | 96.4% |
Turkey | N/A | 16.8 | 18.0 | N/A | 7.1% |
Others | 1.7 | 1.1 | 1.2 | 1.4 | -6.3% |
Total | 214 | 261 | 294 | 389 | 22.0% |
Top Suppliers of Pasta Products to the Dominican Republic in 2022:
- Brazil (91.6 tons)
- United States (14.3 tons)
- South Korea (13.5 tons)
- Italy (12.9 tons)
Pasta Products Exports in the Dominican Republic
In 2022, shipments abroad of dried, undried and frozen pasta and pasta products decreased by -99.9% to 54 kg, falling for the second year in a row after two years of growth. Overall, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. As a result, the exports reached the peak of 47 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, pasta products exports fell sharply to $82 in 2022. Over the period under review, exports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 32%.
Export of Pasta Products in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | N/A | N/A | 0.1 | 0% |
Barbados | 5.5 | 10.4 | 4.6 | N/A | -8.5% |
United States | 24.6 | 33.6 | 47.4 | N/A | 38.8% |
Belize | N/A | N/A | 2.3 | N/A | 0% |
Jamaica | 7.8 | 10.3 | 3.1 | N/A | -37.0% |
Others | 3.4 | 0.1 | 0.1 | N/A | -82.9% |
Total | 41.3 | 54.4 | 57.5 | 0.1 | -86.6% |
Top Export Markets for Pasta Products from the Dominican Republic in 2022:
- Germany (54.0 kg)
This report provides an in-depth analysis of the pasta products 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:
- Prodcom 10851430 - Dried, undried and frozen pasta and pasta products (including prepared dishes) (excluding uncooked pasta, stuffed pasta)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the pasta products market in the Dominican Republic.
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This report provides an in-depth analysis of the uncooked pasta market in the Dominican Republic.
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This report provides an in-depth analysis of the uncooked pasta market in the Dominican Republic.
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This report provides an in-depth analysis of the global pasta products market.
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This report provides an in-depth analysis of the global uncooked pasta market.
In 2016, the global pasta and couscous imports amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 t...
In 2016, the global pasta and couscous imports amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 t...
Discover the top countries by Import Value of Uncooked Pasta in 2023. Learn about the pasta import market trends and key statistics. Find out which countries rely heavily on pasta imports to meet the demands of their populations.
Italy continued its dominance in the global uncooked pasta trade. In 2014, Italy exported X kt of uncooked pasta totaling $X, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total uncook
Global trade in pasta stuffed with meat, fish and cheese stood at 663K tons in 2020, growing by 4% against the previous year. In value terms, supplies expanded rapidly from $1.9B to $2.1B.
In 2016, the global pasta and couscous imports amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 t...
In 2016, the global pasta and couscous imports amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 t...
Discover the top countries by Import Value of Uncooked Pasta in 2023. Learn about the pasta import market trends and key statistics. Find out which countries rely heavily on pasta imports to meet the demands of their populations.
Italy continued its dominance in the global uncooked pasta trade. In 2014, Italy exported X kt of uncooked pasta totaling $X, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total uncook
Global trade in pasta stuffed with meat, fish and cheese stood at 663K tons in 2020, growing by 4% against the previous year. In value terms, supplies expanded rapidly from $1.9B to $2.1B.