What is the price of coconut oil per kilogram/pound in Dominican Republic today?
The retail price range for Dominican Republic coconut oil is between US$ 10.61 and US$ 15.43 per kilogram or between US$ 4.81 and US$ 7.00 per pound(lb). Click here to see today's exact prices of coconut oil in Dominican Republic
The retail price range in Dominican peso for coconut oil is between DOP 578.70 and DOP 841.98 per kilogram or between DOP 262.45 and DOP 381.85 per pound(lb) in Santo Domingo and Santiago de los Caballeros.
Wholesale prices
In 2024, the approximate wholesale price range for Dominican Republic coconut oil is between US$ 7.43 and US$ 10.80 per kilogram or between US$ 3.37 and US$ 4.90 per pound(lb).
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Dominican Republic Coconut Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coconut oil from Dominican Republic over the last five years has seen a steady increase. In 2017, the price was 3.12 US $ per kg, which rose to 3.49 US $ per kg in 2016. In 2018, the price jumped to 4.61 US $ per kg and in 2019, it dropped to 3.19 US $ per kg. In 2020, the price rose again to 4.09 US $ per kg and in 2021, it reached its highest point of 5.52 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Coconut oil from Dominican Republic in 2023 will be around 6.14 US $ per kg and in 2024, it will be around 6.77 US $ per kg.Dominican Republic Coconut Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coconut oil into Dominican Republic over the last five years has been quite volatile. In 2017, the price was 3.12 US$ per kg, which was a decrease from the previous year's price of 3.49 US$ per kg. However, in 2018, the price increased to 4.61 US$ per kg, and then decreased again to 3.19 US$ per kg in 2019. In 2020, the price increased to 4.09 US$ per kg, and then rose significantly to 5.52 US$ per kg in 2021. Based on the data, it is likely that the import price per kilogram of Coconut oil into Dominican Republic will continue to increase in the coming years. We predict that the price will be around 6.00 US$ per kg in 2023 and 6.50 US$ per kg in 2024.Export values for Dominican Republic coconut oil
The total values in export for coconut oil in the Dominican Republic were US$ 265, US$ 471, US$ 438 and US$ 268 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Dominican Republic: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of coconut oil in other countries across Caribbean: Aruba coconut oil, Bahamas coconut oil, Barbados coconut oil, Cuba coconut oil, Dominican Republic coconut oil, Grenada coconut oil, Guadeloupe coconut oil, Haiti coconut oil, Jamaica coconut oil & Martinique coconut oil.
Dominican Republic coconut oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Dominican Republic shipped 85 tonnes of coconut oil. Across 2019 alone, the interest in the Dominican Republic coconut oil (processed category) has reduced, recording a change of -10.526 % compared to the year 2018. Between 2017 and 2019, coconut oil's exports decreased by -43.71 pc netting the Dominican Republic US$0.27m for the year 2019. the Dominican Republic's coconut oil exports are classified as:
- Crude coconut oil (HS code 151311)
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
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Dominican Republic coconut oil export values
In 2019, the Dominican Republic supplied coconut oil valued at 0.27m USD, a drop of -38.36% from 2018's total coconut oil export of 0.438m USD. The yearly change in value of the Dominican Republic coconut oil between 2017 to 2018 was -7.006 per cent.
The annual variation in the quantity of the Dominican Republic's coconut oil exports between 2017 and 2019 was -43.71 per cent in comparison to a variation of -10.526% in the period between 2018 and 2019.
the Dominican Republic's stake of the world's total coconut oil's exports in 2019 was less than 1%. the Dominican Republic is ranked number 47 in world exports of coconut oil.
Export markets for Dominican Republic coconut oil ( in '000$ )
Import/Export Trends
the Dominican Republic is a net importer of coconut oil. The annual growth of the Dominican Republic coconut oil in value between 2015 to 2019 was 5%, per year, while annual growth in quantity for the same period was -1%, per annum.
the Dominican Republic brought in 162 tonnes of coconut oil in 2019.