Dominican Republic: Onion And Shallot Market 2024

Onion And Shallot Market Size in the Dominican Republic

The Dominican onion and shallot market expanded rapidly to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Onion and shallot consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Onion And Shallot Production in the Dominican Republic

In value terms, onion and shallot production rose significantly to $X in 2022 estimated in export price. Overall, production, however, recorded strong growth. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Onion and shallot production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

The average yield of onion and shallot in the Dominican Republic was estimated at X tons per ha in 2022, picking up by X% compared with the year before. Over the period under review, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the average onion and shallot yield reached the maximum level at X tons per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of onion and shallot were harvested in the Dominican Republic; waning by X% against 2021. The harvested area increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the harvested area dedicated to onion and shallot production reached the peak figure at X ha in 2019; however, from 2020 to 2022, the harvested area stood at a somewhat lower figure.

Onion And Shallot Exports

Exports from the Dominican Republic

In 2022, overseas shipments of onion and shallot increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted prominent growth. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, onion and shallot exports soared to $X in 2022. Over the period under review, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Haiti (X tons) was the main destination for onion and shallot exports from the Dominican Republic, with a X% share of total exports. Moreover, onion and shallot exports to Haiti exceeded the volume sent to the second major destination, Jamaica (X kg), more than tenfold. The United States (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Haiti amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (X% per year) and the United States (X% per year).

In value terms, Haiti ($X) emerged as the key foreign market for onion and shallot exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by Jamaica ($X), with an X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Haiti totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average onion and shallot export price amounted to $X per ton, surging by X% against the previous year. In general, the export price showed buoyant growth. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Jamaica ($X per ton), while the average price for exports to Haiti ($X 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 Jamaica (X%), while the prices for the other major destinations experienced more modest paces of growth.

Onion And Shallot Imports

Imports into the Dominican Republic

In 2022, the amount of onion and shallot imported into the Dominican Republic surged to X tons, increasing by X% compared with the previous year. Overall, imports recorded resilient growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, onion and shallot imports surged to $X in 2022. Over the period under review, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of onion and shallot to the Dominican Republic, accounting for a X% share of total imports. Moreover, onion and shallot imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Peru (X tons), more than tenfold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (X% per year) and the United States (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of onion and shallot to the Dominican Republic, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with an X% share of total imports. It was followed by Peru, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Peru (X% per year).

Import Prices by Country

In 2022, the average onion and shallot import price amounted to $X per ton, surging by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2020; however, from 2021 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 the United States ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :