Dominican Republic: Papaya Market 2022

Papaya Market Size in the Dominican Republic

In 2021, after five years of growth, there was significant decline in the Dominican papaya market, when its value decreased by -X% to $X. Over the period under review, consumption, however, posted prominent growth. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Papaya Production in the Dominican Republic

In value terms, papaya production dropped dramatically to $X in 2021 estimated in export price. Overall, production, however, recorded prominent growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X, and then contracted remarkably in the following year.

The average yield of papayas in the Dominican Republic reduced to X tons per ha in 2021, waning by -X% on 2020. Over the period under review, the yield indicated a strong increase from 2012 to 2021: its figure increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The papaya yield peaked at X tons per ha in 2020, and then dropped in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the harvested area of papayas in the Dominican Republic rose modestly to X ha, picking up by X% compared with the year before. The harvested area increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X% against the previous year. The papaya harvested area peaked in 2021 and is likely to see steady growth in years to come.

Papaya Exports

Exports from the Dominican Republic

In 2021, overseas shipments of papayas were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, faced a deep setback. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, papaya exports shrank modestly to $X in 2021. Over the period under review, exports, however, recorded a abrupt slump. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for papaya exports from the Dominican Republic, accounting for a X% share of total exports. Moreover, papaya exports to the United States exceeded the volume sent to the second major destination, Curacao (X tons), more than tenfold. France (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Curacao (+X% per year) and France (+X% per year).

In value terms, the United States ($X) remains the key foreign market for papaya exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Curacao, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Curacao (+X% per year).

Export Prices by Country

The average papaya export price stood at $X per ton in 2021, dropping by -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then shrank notably in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Curacao ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Papaya Imports

Imports into the Dominican Republic

In 2021, after four years of decline, there was decline in overseas purchases of papayas, when their volume decreased by X% to X tons. Overall, imports faced a abrupt curtailment. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, papaya imports stood at $X in 2021. Over the period under review, imports faced a abrupt slump. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) was the main supplier of papaya to the Dominican Republic, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to -X%.

In value terms, the United States ($X) constituted the largest supplier of papaya to the Dominican Republic.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -X%.

Import Prices by Country

The average papaya import price stood at $X per ton in 2021, almost unchanged from the previous year. In general, the import price recorded a pronounced slump. The pace of growth appeared the most rapid in 2015 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a 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 2021, the rate of growth in terms of prices for the United States amounted to -X% per year.

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