Price for Cereals; Grain Sorghum, Seed in the Dominican Republic - 2021
Contents:
- Price for Cereals; Grain Sorghum, Seed in the Dominican Republic (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Seed in the Dominican Republic
Price for Cereals; Grain Sorghum, Seed in the Dominican Republic (CIF) - 2022
In 2022, the average cereals; grain sorghum, seed import price amounted to $2,937 per ton, surging by 125% against the previous year. Overall, the import price posted a slight expansion. Over the period under review, average import prices attained the peak figure at $6,010 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 +1.1% per year.
Imports of Cereals; Grain Sorghum, Seed in the Dominican Republic
In 2022, after three years of growth, there was significant decline in overseas purchases of cereals; grain sorghum, seeds, when their volume decreased by -57% to 9.1 tons. In general, imports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 93% against the previous year.
In value terms, cereals; grain sorghum, seed imports reduced modestly to $27K in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 7.7%.
| Import of Cereals; Grain Sorghum, Seed in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.2 | 25.9 | 22.9 | 26.8 | 11.8% |
| Nicaragua | N/A | N/A | 4.8 | N/A | 0% |
| Brazil | 4.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 24.0 | 25.9 | 27.7 | 26.8 | 3.7% |
Top Suppliers of Cereals; Grain Sorghum, Seed to the Dominican Republic in 2022:
- United States (9.1 tons)
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