Dominican Republic - Chocolate Bars With Fillings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Chocolate Bar with Filling in the Dominican Republic - 2023
Contents:
- Price for Chocolate Bar with Filling in the Dominican Republic (CIF) - 2023
- Price for Chocolate Bar with Filling in the Dominican Republic (FOB) - 2022
- Imports of Chocolate Bar with Filling in the Dominican Republic
- Exports of Chocolate Bar with Filling in the Dominican Republic
Price for Chocolate Bar with Filling in the Dominican Republic (CIF) - 2023
In March 2023, the average chocolate bar with filling import price amounted to $7,957 per ton, jumping by 23% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in August 2022 when the average import price increased by 38% against the previous month. Over the period under review, average import prices reached the peak figure at $9,087 per ton in December 2022; however, from January 2023 to March 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($11,164 per ton), while the price for Brazil ($1,965 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 Canada (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chocolate Bar with Filling in the Dominican Republic (FOB) - 2022
In 2022, the average chocolate bar with filling export price amounted to $7,473 per ton, with an increase of 8.2% against the previous year. Overall, the export price posted prominent growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 70%. Over the period under review, the average export prices hit record highs at $8,332 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jamaica ($15,166 per ton), while the average price for exports to Curacao ($624 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 Guyana (+50.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chocolate Bar with Filling in the Dominican Republic
In 2022, the amount of chocolate bars with fillings imported into the Dominican Republic declined dramatically to 1.4K tons, falling by -22.9% compared with the previous year's figure. In general, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 89%. As a result, imports attained the peak of 1.8K tons, and then declined rapidly in the following year.
In value terms, chocolate bar with filling imports dropped sharply to $4.1M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 67%. As a result, imports attained the peak of $5.2M, and then shrank sharply in the following year.
| Import of Chocolate Bar with Filling in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,416 | 1,954 | 3,185 | 1,256 | -3.9% |
| Canada | 466 | 302 | 457 | 781 | 18.8% |
| Turkey | 295 | 306 | 468 | 776 | 38.0% |
| Italy | 167 | 67.1 | 113 | 193 | 4.9% |
| Spain | 488 | 231 | 401 | 131 | -35.5% |
| Colombia | 73.2 | 47.9 | 75.2 | 129 | 20.8% |
| Germany | 13.1 | 10.6 | 34.3 | 124 | 111.5% |
| Others | 326 | 165 | 418 | 727 | 30.6% |
| Total | 3,244 | 3,083 | 5,151 | 4,117 | 8.3% |
Top Suppliers of Chocolate Bar with Filling to the Dominican Republic in 2022:
- Turkey (530.9 tons)
- United States (433.2 tons)
- Canada (140.8 tons)
- Colombia (57.3 tons)
- Italy (27.1 tons)
- Germany (22.7 tons)
- Spain (20.2 tons)
Exports of Chocolate Bar with Filling in the Dominican Republic
In 2022, the amount of chocolate bars with fillings exported from the Dominican Republic dropped rapidly to 27 tons, waning by -15.3% on the previous year's figure. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +22.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, the exports attained the peak of 32 tons, and then dropped remarkably in the following year.
In value terms, chocolate bar with filling exports fell to $201K in 2022. The total export value increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year.
| Export of Chocolate Bar with Filling in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 111 | 115 | 167 | 123 | 3.5% |
| Jamaica | 7.2 | 27.1 | 17.9 | 28.2 | 57.6% |
| France | 0.5 | 17.9 | 13.4 | 21.0 | 247.6% |
| Trinidad and Tobago | 3.0 | 9.9 | 5.9 | 7.4 | 35.1% |
| Spain | 0.9 | 3.4 | 2.3 | 3.7 | 60.2% |
| Turks and Caicos Islands | 0.7 | 1.3 | 0.1 | 1.7 | 34.4% |
| Curacao | 0.2 | N/A | 0.2 | 0.4 | 26.0% |
| Others | 22.5 | 8.1 | 12.0 | 15.6 | -11.5% |
| Total | 146 | 182 | 219 | 201 | 11.2% |
Top Export Markets for Chocolate Bar with Filling from the Dominican Republic in 2022:
- United States (15.6 tons)
- France (4.4 tons)
- Jamaica (1.9 tons)
- Trinidad and Tobago (0.8 tons)
- Spain (0.7 tons)
- Curacao (0.6 tons)
- Turks and Caicos Islands (0.5 tons)
This report provides an in-depth analysis of the market for chocolate bar with filling in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10822233 - Filled chocolate blocks, slabs or bars consisting of a centre (including of cream, liqueur or fruit paste, excluding chocolate biscuits)
Country coverage:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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