What is the price of plantains per kilogram/pound in Dominican Republic today?
The retail price range for Dominican Republic plantains is between US$ 0.85 and US$ 4.40 per kilogram or between US$ 0.39 and US$ 2.00 per pound(lb). Click here to see today's exact prices of plantains in Dominican Republic
The retail price range in Dominican peso for plantains is between DOP 46.43 and DOP 240.15 per kilogram or between DOP 21.06 and DOP 108.91 per pound(lb) in Santo Domingo and Santiago de los Caballeros.
Wholesale prices
In 2024, the approximate wholesale price range for Dominican Republic plantains is between US$ 0.60 and US$ 3.08 per kilogram or between US$ 0.27 and US$ 1.40 per pound(lb).
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Dominican Republic Plantains Export Prices - Historical, Trends and Prediction
The export price per kilogram of Plantains from Dominican Republic over the last five years has been relatively stable. In 2017, the price was 0.52 US$ per kg, followed by 0.60 US$ per kg in 2018, 0.62 US$ per kg in 2019, 0.69 US$ per kg in 2020 and 0.71 US$ per kg in 2021. This indicates a slight increase in the price of Plantains from Dominican Republic over the last five years. Based on this trend, it is predicted that the export price per kilogram of Plantains from Dominican Republic in 2023 will be around 0.73 US$ per kg and in 2024 will be around 0.75 US$ per kg.Dominican Republic Plantains Import Prices - Historical, Trends and Prediction
The import price per kilogram of Plantains into Dominican Republic has seen a steady increase over the past five years. In 2017, the price was 0.52 US$ per kg, while in 2021 it was 0.71 US$ per kg. This represents an increase of 36.5% in the price of Plantains over the past five years. The highest price was recorded in 2020, when the price was 0.69 US$ per kg. This was followed by a slight increase in 2021, when the price was 0.71 US$ per kg. Based on the current trend, it is expected that the price of Plantains in Dominican Republic will continue to increase in the coming years. Therefore, it is predicted that the price of Plantains in 2023 will be around 0.75 US$ per kg and in 2024 it will be around 0.79 US$ per kg.Export values for Dominican Republic plantains
The total values in export for plantains in the Dominican Republic were US$ 10,634, US$ 5,872, US$ 130,884 and US$ 164,133 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Vegetables category in Dominican Republic: Tomatoes, Onions, Leeks, Cauliflowers and broccoli, Brussels sprouts, Cabbages, Lettuce, Chicory, Carrots & beetroot, salsify & celeriac.
See prices of plantains in other countries across Caribbean: Aruba plantains, Bahamas plantains, Barbados plantains, Cuba plantains, Dominican Republic plantains, Grenada plantains, Guadeloupe plantains, Haiti plantains, Jamaica plantains & Martinique plantains.
Dominican Republic plantains - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Dominican Republic sold 264,047 tonnes of plantains. Through 2019 alone, the interest in the Dominican Republic plantains (vegetables category) has escalated, changing by 21.099 % compared to the year 2018. Between 2017 and 2019, plantains' exports grew by 2241.67 pc netting the nation US$164.13m for the year 2019. the Dominican Republic's plantains exports are classified as:
- Fresh or dried plantains (HS code 080310)
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Dominican Republic plantains export values
In 2019, the Dominican Republic supplied plantains costing 164.13m USD, an improvement of 25.40% from 2018's total plantains export of 130.884m USD. The yearly increase in value of the Dominican Republic plantains between 2017 to 2018 was 2128.951 per cent.
The yearly change in the amount of the Dominican Republic's plantains exports between 2017 and 2019 was 2241.67% in comparison to a variation of 21.099% in the period between 2018 and 2019.
the Dominican Republic's stake of the world's total plantains' exports in 2019 was less than 1%. the Dominican Republic is ranked number 90 in world exports of plantains.
Export markets for Dominican Republic plantains ( in '000$ )
the Dominican Republic imported 21 tonnes of plantains in 2019.
Production
The production of plantains in the Dominican Republic was 1,027,491 tonnes in 2019 and is projected to change by an average of -2.02%. The country had approximately 48,977.00 hectares under plantains cultivation.