Dominican Republic: Tomato Market 2024

Tomato Market Size in the Dominican Republic

The Dominican tomato market dropped notably to $X in 2023, waning by X% against the previous year. Over the period under review, consumption continues to indicate a abrupt contraction. Tomato consumption peaked at $X in 2016; however, from 2017 to 2023, consumption failed to regain momentum.

Tomato Production in the Dominican Republic

In value terms, tomato production totaled $X in 2023 estimated in export price. Over the period under review, production recorded a abrupt slump. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2023, production failed to regain momentum.

The average yield of tomatoes in the Dominican Republic reduced dramatically to X tons per ha in 2023, waning by X% on the year before. Overall, the yield recorded a deep slump. The most prominent rate of growth was recorded in 2022 when the yield increased by X%. Over the period under review, the average tomato yield hit record highs at X tons per ha in 2015; however, from 2016 to 2023, 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 2023, the total area harvested in terms of tomatoes production in the Dominican Republic skyrocketed to X ha, growing by X% against 2022 figures. Over the period under review, the harvested area, however, recorded a pronounced setback. The tomato harvested area peaked at X ha in 2012; however, from 2013 to 2023, the harvested area stood at a somewhat lower figure.

Tomato Exports

Exports from the Dominican Republic

In 2023, shipments abroad of tomatoes was finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. Overall, exports saw a remarkable 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 reached the maximum at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, tomato exports reached $X in 2023. In general, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

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

From 2012 to 2023, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Haiti (X% per year).

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

From 2012 to 2023, 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 tomato export price stood at $X per ton in 2023, falling by X% against the previous year. In general, the export price, however, continues to indicate a strong increase. The growth pace was the most rapid in 2022 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then fell significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Haiti ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Imports

Imports into the Dominican Republic

In 2023, supplies from abroad of tomatoes decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, tomato imports declined to $X in 2023. Over the period under review, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, the United States (X tons) was the main tomato supplier to the Dominican Republic, with a approx. X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of volume from the United States totaled X%.

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

From 2012 to 2023, the average annual rate of growth in terms of value from the United States totaled X%.

Import Prices by Country

The average tomato import price stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period under review, the import price saw a slight expansion. The pace of growth appeared the most rapid in 2015 an increase of X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2023, 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 2023, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform