What is the price of margarine per kilogram/pound in Dominican Republic today?
The retail price range for Dominican Republic margarine is between US$ 2.64 and US$ 6.23 per kilogram or between US$ 1.20 and US$ 2.83 per pound(lb). Click here to see today's exact prices of margarine in Dominican Republic
The retail price range in Dominican peso for margarine is between DOP 143.86 and DOP 340.04 per kilogram or between DOP 65.24 and DOP 154.21 per pound(lb) in Santo Domingo and Santiago de los Caballeros.
Wholesale prices
In 2024, the approximate wholesale price range for Dominican Republic margarine is between US$ 1.85 and US$ 4.36 per kilogram or between US$ 0.84 and US$ 1.98 per pound(lb).
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Dominican Republic Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from Dominican Republic over the last five years has seen a steady decline. In 2016, the export price was 2.73 US $ per kg, but by 2021, it had dropped to 1.94 US $ per kg. The lowest price was recorded in 2018, when it was 1.60 US $ per kg. The price has been increasing since then, with the latest figure being 1.94 US $ per kg in 2021. Based on the current trend, it is predicted that the export price of Margarine from Dominican Republic in 2023 will be around 1.80 US $ per kg and in 2024 it will be around 1.95 US $ per kg.Dominican Republic Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Dominican Republic over the last five years has been quite varied. In 2016, the price was 2.73 US dollars per kg, which was the highest in the last five years. This was followed by a decrease in 2017 to 2.15 US dollars per kg. In 2018, the price dropped further to 1.60 US dollars per kg, and then increased slightly to 1.67 US dollars per kg in 2019. In 2020, the price was 1.69 US dollars per kg, and then increased to 1.94 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Margarine into Dominican Republic in 2023 will be around 2.00 US dollars per kg, and in 2024 it will be around 2.10 US dollars per kg.Export values for Dominican Republic margarine
The total values in export for margarine in the Dominican Republic were US$ 3,625, US$ 6,070, US$ 5,445 and US$ 5,545 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 margarine in other countries across Caribbean: Aruba margarine, Bahamas margarine, Barbados margarine, Cuba margarine, Dominican Republic margarine, Grenada margarine, Guadeloupe margarine, Haiti margarine, Jamaica margarine & Martinique margarine.
Dominican Republic margarine - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Dominican Republic shipped 3,321 tonnes of margarine. Through 2019 alone, the demand for the Dominican Republic margarine (processed category) has decreased, with a change of -2.266 per cent compared to the year 2018. Between 2017 and 2019, margarine's exports increased by 17.89 pc netting the exporter US$5.54m for the year 2019. the Dominican Republic's margarine exports are categorised as:
- Margarine (excluding liquid) (HS code 151710)
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Dominican Republic margarine export values
In 2019, the Dominican Republic shipped margarine valued at 5.54m USD, an improvement of 1.74% from 2018's total margarine export of 5.445m USD. The yearly change in value of the Dominican Republic margarine between 2017 to 2018 was -10.297 pc.
The per year change in the amount of the Dominican Republic's margarine exports between 2017 and 2019 was 17.89% compared to a variation of -2.266% in the period between 2018 and 2019.
the Dominican Republic's portion of the world's total margarine's exports in 2019 was less than 1%. The country is ranked position 82 in world exports of margarine.
Export markets for Dominican Republic margarine ( in '000$ )
Import/Export Trends
the Dominican Republic is a net importer of margarine. The annual growth of the Dominican Republic margarine in value between 2015 to 2019 was -2%, per year, while annual growth in quantity was -19%, per annum.
the Dominican Republic brought in 1,283 tonnes of margarine in 2019.