Price for Grapes; Fresh or Dried in the Dominican Republic - 2023
Contents:
- Price for Grapes; Fresh or Dried in the Dominican Republic (CIF) - 2023
- Price for Grapes; Fresh or Dried in the Dominican Republic (FOB) - 2022
- Imports of Grapes; Fresh or Dried in the Dominican Republic
- Exports of Grapes; Fresh or Dried in the Dominican Republic
Price for Grapes; Fresh or Dried in the Dominican Republic (CIF) - 2023
The average grapes; fresh or dried import price stood at $2,721 per ton in March 2023, which is down by -15.1% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 an increase of 20% month-to-month. The import price peaked at $3,512 per ton in August 2022; however, from September 2022 to March 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($6,381 per ton), while the price for Turkey ($2,033 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Turkey (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Grapes; Fresh or Dried in the Dominican Republic (FOB) - 2022
The average grapes; fresh or dried export price stood at $2,994 per ton in 2022, with an increase of 17% against the previous year. Over the period under review, the export price, however, showed a noticeable contraction. The growth pace was the most rapid in 2015 an increase of 58% against the previous year. Over the period under review, the average export prices hit record highs at $6,082 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($9,730 per ton), while the average price for exports to Turks and Caicos Islands ($2,532 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turks and Caicos Islands (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Grapes; Fresh or Dried in the Dominican Republic
In 2022, the amount of grapes; fresh or drieds imported into the Dominican Republic soared to 9.7K tons, jumping by 16% compared with the previous year's figure. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, grapes; fresh or dried imports expanded rapidly to $29M in 2022. The total import value increased at an average annual rate of +10.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Grapes; Fresh or Dried in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 13.2 | 15.1 | 13.7 | 12.7 | -1.3% |
Peru | 2.3 | 4.2 | 6.6 | 9.1 | 58.2% |
Chile | 4.7 | 3.6 | 4.3 | 6.0 | 8.5% |
Argentina | 1.3 | 0.8 | 1.3 | 1.3 | 0.0% |
Others | 0.3 | 0.2 | N/A | 0.1 | -30.7% |
Total | 21.9 | 23.9 | 26.0 | 29.1 | 9.9% |
Top Suppliers of Grapes; Fresh or Dried to the Dominican Republic in 2022:
- Peru (3.5K tons)
- United States (3.1K tons)
- Chile (2.5K tons)
- Argentina (0.6K tons)
Exports of Grapes; Fresh or Dried in the Dominican Republic
In 2022, overseas shipments of grapes; fresh or drieds decreased by -96% to 946 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a sharp descent. The pace of growth appeared the most rapid in 2020 when exports increased by 414% against the previous year. As a result, the exports attained the peak of 28 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, grapes; fresh or dried exports reduced dramatically to $2.8K in 2022. Overall, exports showed a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 100%.
Export of Grapes; Fresh or Dried in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | 7.0 | 4.3 | 43.3 | 1.9 | -35.3% |
Switzerland | N/A | N/A | N/A | 0.4 | 0% |
United States | 3.7 | 13.7 | 17.1 | 0.3 | -56.7% |
Turks and Caicos Islands | 0.8 | 0.4 | 0.2 | 0.3 | -27.9% |
Cuba | N/A | 26.3 | N/A | N/A | 0% |
Jamaica | 11.2 | 4.4 | N/A | N/A | -60.7% |
Others | 2.0 | 0.4 | 0.3 | N/A | -61.3% |
Total | 24.7 | 49.5 | 60.9 | 2.8 | -51.6% |
Top Export Markets for Grapes; Fresh or Dried from the Dominican Republic in 2022:
- Haiti (735.0 kg)
- Turks and Caicos Islands (109.0 kg)
- United States (65.0 kg)
- Switzerland (37.0 kg)
This report provides an in-depth analysis of the dried grapes market in the Dominican Republic.
This report provides an in-depth analysis of the grape market in the Dominican Republic.
This report provides an in-depth analysis of the global dried grapes market.
This report provides an in-depth analysis of the global grape market.
This report provides an in-depth analysis of the dried grapes market in the Dominican Republic.
This report provides an in-depth analysis of the grape market in the Dominican Republic.
This report provides an in-depth analysis of the global dried grapes market.
This report provides an in-depth analysis of the global grape market.
Last year, global dried grapes exports declined by -8.9% y-o-y to 766K tons or $1.6B in value terms. South Africa intensively increased its supplies to other counties by +37%, while Turkey, the largest exporter of dried grapes, saw a drop of -3.2% y-o-y in the volume of exports. Germany, the UK and Canada remain the largest importers of dried grapes from South Africa.
The UK (99K tons), Germany (77K tons) and the Netherlands (55K tons) represented roughly 31% of total imports of dried grapes.
Discover the top import markets for grapes, including the United States, Netherlands, Germany, and more. Learn about the key statistics and trends in the global grape market.
Increased grape production in China buoyed the global market against a fall in the grape crop in India, the EU and Russia, which enables the global production in 2020 to remain consistent with 2019 data. The export potential of Chinese and Australian grapes has improved due to the progress achieved in cultivation methods and the use of particularly fertile varieties of grape.
China recorded the highest growth rate of grape market, in terms of the main consuming countries over the last decade....
Global grape consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
Global grape exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
Global grape imports amounted to X thousand tons in 2015, surging by +X% against the previous year level.
In 2015, the countries with the highest levels of grape production were China (X thousand tons), the United States (X thousand tons), Italy (X thousand tons), together accounting for X% of total output.
Chile continued its dominance in the global grape trade. In 2014, Chile exported X thousand tons of grape totaling X USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X% of its total grape exports in