Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in the Dominican Republic - 2023

Contents:

  1. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in the Dominican Republic (CIF) - 2022
  2. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in the Dominican Republic (FOB) - 2022
  3. Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in the Dominican Republic
  4. Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in the Dominican Republic

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in the Dominican Republic (CIF) - 2022

The average import price for seeds, fruit and spores; of a kind used for sowing stood at $31,168 per ton in 2022, growing by 63% against the previous year. In general, the import price, however, recorded a deep downturn. The import price peaked at $71,157 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Israel ($137,493 per ton), while the price for Mexico ($7,098 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (-6.0%), while the prices for the other major suppliers experienced a decline.

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in the Dominican Republic (FOB) - 2022

The average export price for seeds, fruit and spores; of a kind used for sowing stood at $1,261 per ton in 2022, with a decrease of -75.2% against the previous year. In general, the export price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2013 an increase of 122%. Over the period under review, the average export prices attained the peak figure at $5,321 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($7,794 per ton), while the average price for exports to the United States ($924 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 Panama (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in the Dominican Republic

After three years of growth, overseas purchases of seeds, fruit and spores; of a kind used for sowing decreased by -31.7% to 593 tons in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 138% against the previous year. As a result, imports reached the peak of 868 tons, and then reduced remarkably in the following year.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing rose notably to $18M in 2022. The total import value increased at an average annual rate of +14.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Seeds, Fruit and Spores; of A Kind Used for Sowing in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.02.63.03.318.2%
United States2.21.42.32.31.5%
India0.10.81.32.2180.2%
Israel1.32.11.52.015.4%
Brazil1.01.21.21.719.3%
Spain0.40.60.30.3-9.1%
Mexico0.30.30.40.2-12.6%
EthiopiaN/AN/A0.3N/A0%
Others4.95.96.36.49.3%
Total12.215.016.618.514.9%

Top Suppliers of Seeds, Fruit and Spores; of A Kind Used for Sowing to the Dominican Republic in 2022:

  1. China (235.6 tons)
  2. United States (152.2 tons)
  3. Brazil (60.0 tons)
  4. India (47.3 tons)
  5. Mexico (24.2 tons)
  6. Spain (19.7 tons)
  7. Israel (14.4 tons)

Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in the Dominican Republic

In 2022, after two years of decline, there was significant growth in shipments abroad of seeds, fruit and spores; of a kind used for sowing, when their volume increased by 2,413% to 949 tons. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing surged to $1.2M in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Seeds, Fruit and Spores; of A Kind Used for Sowing in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States59.136.931.9685126.3%
Canada0.2N/AN/A186876.1%
Italy11695.7120112-1.2%
GuatemalaN/AN/AN/A73.70%
France21.9N/A0.33.9-43.7%
Others16045.440.2137-5.0%
Total3571781921,19749.7%

Top Export Markets for Seeds, Fruit and Spores; of A Kind Used for Sowing from the Dominican Republic in 2022:

  1. United States (741.5 tons)
  2. Canada (139.2 tons)
  3. Guatemala (25.4 tons)
  4. Italy (14.8 tons)
  5. France (3.5 tons)

Source: IndexBox Market Intelligence Platform

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