Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Dominican Republic - 2023
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Dominican Republic (CIF) - 2022
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Dominican Republic (FOB) - 2022
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Dominican Republic
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Dominican Republic
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Dominican Republic (CIF) - 2022
In 2022, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $2,262 per ton, declining by -15.7% against the previous year. Overall, the import price recorded a pronounced curtailment. The growth pace was the most rapid in 2021 an increase of 14% against the previous year. Over the period under review, average import prices attained the maximum at $3,844 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($3,429 per ton), while the price for Chile totaled $2,224 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Dominican Republic (FOB) - 2022
In 2022, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $1,479 per ton, reducing by -48.2% against the previous year. In general, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 67% against the previous year. As a result, the export price reached the peak level of $4,447 per ton. From 2017 to 2022, the average export prices remained at a 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 Suriname amounted to +4.3% per year.
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Dominican Republic
In 2022, imports of soups and broths and preparations therefor; homogenised composite food preparationses into the Dominican Republic declined sharply to 255 tons, falling by -93.2% against the previous year's figure. In general, imports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 7.2% against the previous year.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses shrank significantly to $577K in 2022. Overall, imports recorded a sharp downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of $10M, and then declined notably in the following year.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 72.4 | 251 | 838 | 549 | 96.5% |
| Spain | 193 | 244 | 195 | 27.5 | -47.8% |
| South Korea | 482 | 709 | 418 | N/A | -6.9% |
| Guatemala | 1,372 | 1,578 | 1,530 | N/A | 5.6% |
| United States | 4,165 | 2,526 | 2,710 | N/A | -19.3% |
| El Salvador | 237 | 233 | 259 | N/A | 4.5% |
| Mexico | 339 | 430 | 475 | N/A | 18.4% |
| Honduras | 1,360 | 1,144 | 2,743 | N/A | 42.0% |
| Turkey | 236 | 975 | 681 | N/A | 69.9% |
| Others | 197 | 181 | 243 | 0.3 | -88.5% |
| Total | 8,653 | 8,270 | 10,093 | 577 | -59.4% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to the Dominican Republic in 2022:
- Chile (246.7 tons)
- Spain (8.0 tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Dominican Republic
In 2022, after three years of growth, there was significant decline in overseas shipments of soups and broths and preparations therefor; homogenised composite food preparationses, when their volume decreased by -98.7% to 20 tons. In general, exports saw a dramatic setback. The growth pace was the most rapid in 2021 when exports increased by 26%. As a result, the exports attained the peak of 1.5K tons, and then shrank rapidly in the following year.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses reduced remarkably to $30K in 2022. Overall, exports faced a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, the exports reached the peak of $4.3M, and then reduced sharply in the following year.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 279 | 233 | 110 | 30.1 | -52.4% |
| Haiti | 195 | 191 | 207 | N/A | 3.0% |
| Guyana | 370 | 431 | 541 | N/A | 20.9% |
| Suriname | 284 | 85.0 | 207 | N/A | -14.6% |
| Trinidad and Tobago | 1,126 | 1,376 | 1,481 | N/A | 14.7% |
| Jamaica | 708 | 960 | 1,513 | N/A | 46.2% |
| Others | 279 | 243 | 282 | N/A | 0.5% |
| Total | 3,241 | 3,519 | 4,342 | 30.1 | -79.0% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from the Dominican Republic in 2022:
- United States (20.4 tons)
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