What is the price of wheat per kilogram/pound in Dominican Republic today?
The retail price range for Dominican Republic wheat is between US$ 0.44 and US$ 0.73 per kilogram or between US$ 0.20 and US$ 0.33 per pound(lb). Click here to see today's exact prices of wheat in Dominican Republic
The retail price range in Dominican peso for wheat is between DOP 24.02 and DOP 40.03 per kilogram or between DOP 10.89 and DOP 18.16 per pound(lb) in Santo Domingo and Santiago de los Caballeros.
Wholesale prices
In 2024, the approximate wholesale price range for Dominican Republic wheat is between US$ 0.31 and US$ 0.51 per kilogram or between US$ 0.14 and US$ 0.23 per pound(lb).
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Dominican Republic Wheat Export Prices - Historical, Trends and Prediction
The export price of Wheat from Dominican Republic over the last five years has seen a significant decrease. In 2012, the export price per kilogram was 1.00 US $, however, this increased to 13.50 US $ in 2013. This was followed by a sharp decrease to 2.50 US $ in 2014 and further to 0.85 US $ in 2015. The export price then dropped to its lowest point of 0.32 US $ in 2016 before increasing to 0.86 US $ in 2017 and 0.54 US $ in 2018. The export price then rose to 0.70 US $ in 2019 and 1.29 US $ in 2020 before reaching 1.81 US $ in 2021. Based on this trend, it is predicted that the export price of Wheat from Dominican Republic in 2023 will be around 1.45 US $ and 1.99 US $ in 2024.Dominican Republic Wheat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wheat into Dominican Republic over the last five years has been quite volatile. In 2017, the price was 0.86 US$ per kg, which was a significant increase from the 0.32 US$ per kg in 2016. However, the price dropped again in 2018 to 0.54 US$ per kg. In 2019, the price rose to 0.7 US$ per kg and then further increased to 1.29 US$ per kg in 2020. The highest price in the last five years was recorded in 2021, when the import price was 1.81 US$ per kg. Based on this trend, it is predicted that the import price of Wheat into Dominican Republic in 2023 will be around 2.33 US$ per kg and in 2024 it will be around 2.85 US$ per kg.Export values for Dominican Republic wheat
The total values in export for wheat in the Dominican Republic were US$ 11, US$ 56, US$ 185 and US$ 351 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Dominican Republic: Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of wheat in other countries across Caribbean: Aruba wheat, Bahamas wheat, Barbados wheat, Cuba wheat, Dominican Republic wheat, Grenada wheat, Guadeloupe wheat, Haiti wheat, Jamaica wheat & Martinique wheat.
Dominican Republic wheat - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Dominican Republic sold 464 tonnes of wheat. For 2019 alone, the interest in the Dominican Republic wheat (cereals/grains category) has increased, recording a change of 35.277 per cent compared to the year 2018. Between 2017 and 2019, wheat's exports went up by 613.85 percent bringing the nation US$0.35m for the year 2019. the Dominican Republic's wheat exports are classified as:
- Seed of wheat and meslin, for sowing (excluding durum) (HS code 100191)
- Wheat and meslin (excluding seed for sowing, and durum wheat) (HS code 100199)
- Durum wheat (HS code 100110)
- Durum wheat (excluding seed for sowing) (HS code 100119)
- Wheat (excl durum) & meslin (HS code 1001Xb)
- Durum wheat seed for sowing (HS code 100111)
- Wheat and meslin (excluding durum wheat) (HS code 100190)
- Wheat gluten, whether or not dried (HS code 110900)
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Dominican Republic wheat export values
In 2019, the Dominican Republic supplied wheat worth 0.35m USD, a surge of 89.19% from 2018's total wheat export of 0.185m USD. The yearly change in value of the Dominican Republic wheat between 2017 to 2018 was 230.357 per cent.
The annual/yearly change in the quantity of the Dominican Republic's wheat exports between 2017 and 2019 was 613.85 percent when compared to a variation of 35.277% in the growth rate between 2018 and 2019.
the Dominican Republic's portion of the world's total wheat's exports in 2019 was less than 1%. The country is ranked number 47 in world exports of wheat.
Export markets for Dominican Republic wheat ( in '000$ )
Import/Export Trends
the Dominican Republic is a net importer of wheat. The annual growth of the Dominican Republic wheat in value between 2015 to 2019 was -57%, per year, while annual growth in quantity for the same period was %, per annum.
the Dominican Republic procured 578,599 tonnes of wheat in 2019.