Milk and cream market in Dominican Republic

Earlier Report Observations

In physical terms, the market volume for milk and cream in the Dominican Republic increased from 1 018 тыс. т in 2018 to a peak of 1 042 тыс. т in 2019, then entered a phase of gradual contraction, reaching 985 тыс. т by 2023. Domestic production followed a similar pattern, peaking at 995 тыс. т in 2019 before declining to 938 тыс. т in 2023.

In value terms, the market experienced a sharp drop from $1.6 billion in 2018 to $1.3 billion in 2019, and then fluctuated between $1.2 billion and $1.3 billion through 2023. This indicates significant price pressure or shifts in product mix, as the physical volume remained relatively stable after the initial decline.

Imports supplied an additional 40-50 тыс. т annually, helping to buffer domestic production declines, while exports remained negligible throughout the period.

Production milk and cream in Dominican Republic

In kind, 2017-2020, K t

Top producers of milk and cream, 2017-2020

World map of production of milk and cream, 2017-2020

After two years of growth, milk and cream production in the Dominican Republic declined. In 2020, the country produced 969.1 thousand tons, which was 2.6% lower than the previous year. Over the period from 2017 to 2020, production increased by 4.6%, with an average annual growth rate of 1.5%. The highest production volume was recorded in 2019 at 994.7 thousand tons, while the largest year-on-year increase occurred in 2018 at 5.5%.

Annual dynamics of production in Dominican Republic in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Milk and cream production in the Dominican Republic declined for the third consecutive year. In 2020, the output was valued at 1 284 million US dollars, reflecting a slight decrease of 1.9% compared to 2019. From 2017 to 2020, production value fell by 35.9%, with an average annual decline of 13.8%.

Annual dynamics of production in Dominican Republic in value, 2017-2020, M $ US

Exports milk and cream from Dominican Republic

Exports in kind, t

Foreign supplies of milk and cream from the Dominican Republic increased for the third year in a row. In 2020, exports totaled 346 tons, representing a substantial year-on-year rise of 11.3%. Between 2017 and 2020, exports grew by 40.9%, equating to an annualized rate of 12.1%.

Annual dynamics of product's exports from Dominican Republic in kind, 2017-2020, t

From 2017 to 2020, Trinidad and Tobago, Haiti, and the United States were the top buyers of milk and cream from the Dominican Republic. Trinidad and Tobago accounted for 34.8% of exports in kind, Haiti for 23.6%, and the United States for 13.1%. Together, these three countries represented 71.5% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Dominican Republic in kind, 2017-2020

Exports in value, K $ US

After a two-year decline, cross-border shipments of milk and cream from the Dominican Republic increased. In 2020, exports reached 458 thousand US dollars, showing a solid improvement of 12.1% from the previous year. Between 2017 and 2020, exports decreased by 13.7%, with an annualized rate of decline of 4.8%. The lowest value was recorded in 2019 at 409 thousand US dollars, while the largest drop occurred in 2018 at 13.7%.

Annual dynamics of product's exports from Dominican Republic in value, 2017-2020, K $ US

From 2017 to 2020, Trinidad and Tobago, Haiti, and the United States continued to lead as the main buyers of milk and cream from the Dominican Republic in value terms. Trinidad and Tobago accounted for 24.8% of exports, Haiti for 18.9%, and the United States for 18.7%. Collectively, these three countries made up 62.5% of total exports in value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Dominican Republic in value, 2017-2020

Imports milk and cream to Dominican Republic

Imports in kind, t

The market showed volatility during these years, with a two-fold variation between the minimum in 2017 and the maximum in 2019. In 2020, milk and cream imports into the Dominican Republic amounted to 45 617 tons, representing a modest contraction of 4.7% compared to 2019. The highest import volume was recorded in 2019 at 47 850 tons, while the largest year-on-year increase occurred in 2018 at 70.4%.

Annual dynamics of product's imports to Dominican Republic in kind, 2017-2020, t

Throughout 2017 to 2020, the United States, Costa Rica, and Spain remained the key sources for imports in kind. The United States accounted for 32.7% of imports, Costa Rica for 29.8%, and Spain for 19.3%. Together, these three countries accounted for 81.8% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Dominican Republic in kind, 2017-2020

Imports in value, K $ US

Milk and cream deliveries to the Dominican Republic increased for the third consecutive year. In 2020, imports reached 33 602 thousand US dollars, reflecting a moderate increase of 6.5% compared to 2019. Over the period from 2017 to 2020, imports grew by 59.7%, with an average annual growth rate of 16.9%.

Annual dynamics of product's imports to Dominican Republic in value, 2017-2020, K $ US

From 2017 to 2020, Costa Rica, the United States, and Spain were the principal destinations for imports in value terms. Costa Rica accounted for 39.0% of imports, the United States for 22.8%, and Spain for 17.7%. Jointly, these three countries represented 79.5% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Dominican Republic in value, 2017-2020