What is the price of ginger per kilogram/pound in Dominican Republic today?
The retail price range for Dominican Republic ginger is between US$ 6.21 and US$ 8.12 per kilogram or between US$ 2.82 and US$ 3.68 per pound(lb). Click here to see today's exact prices of ginger in Dominican Republic
The retail price range in Dominican peso for ginger is between DOP 338.65 and DOP 442.85 per kilogram or between DOP 153.58 and DOP 200.84 per pound(lb) in Santo Domingo and Santiago de los Caballeros.
Wholesale prices
In 2024, the approximate wholesale price range for Dominican Republic ginger is between US$ 4.35 and US$ 5.68 per kilogram or between US$ 1.97 and US$ 2.58 per pound(lb).
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Dominican Republic Ginger Export Prices - Historical, Trends and Prediction
The export price per kilogram of Ginger from Dominican Republic over the last five years has been quite varied. In 2017, the price was 2.20 US$ per kg, which was the highest in the period. This was followed by a decrease to 1.09 US$ per kg in 2018, and then a gradual increase to 2.03 US$ per kg in 2021. Overall, the export price of Ginger from Dominican Republic has seen an upward trend in the last five years. Based on the data, it is predicted that the export price of Ginger from Dominican Republic will be around 2.05 US$ per kg in 2023 and 2.07 US$ per kg in 2024.Dominican Republic Ginger Import Prices - Historical, Trends and Prediction
The import price per kilogram of Ginger into Dominican Republic over the last five years has been quite varied. In 2017, the price was $2.20, which was the highest of the five-year period. This was followed by a decrease in 2018 to $1.09, and then a gradual increase to $2.05 in 2020. The price in 2021 was $2.03, which is slightly lower than the 2020 figure. Looking ahead, it is likely that the import price per kilogram of Ginger into Dominican Republic will remain relatively stable in the next two years. We predict that the price in 2023 will be around $2.03, and in 2024 it will be around $2.05.Export values for Dominican Republic ginger
The total values in export for ginger in the Dominican Republic were US$ 85, US$ 88, US$ 462 and US$ 318 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Dominican Republic: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom & Anise.
See prices of ginger in other countries across Caribbean: Aruba ginger, Bahamas ginger, Barbados ginger, Cuba ginger, Dominican Republic ginger, Grenada ginger, Guadeloupe ginger, Haiti ginger, Jamaica ginger & Martinique ginger.
Dominican Republic ginger - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Dominican Republic exported 263 tonnes of ginger. Through 2019 alone, the demand for the Dominican Republic ginger (herbs and spices category) has reduced, with a change of -37.825 % compared to the year 2018. Between 2017 and 2019, ginger's exports grew by 557.5 percent bringing the nation US$0.32m for the year 2019. the Dominican Republic's ginger exports are categorised as:
- Ginger (HS code 091010)
- Ginger, crushed or ground (HS code 091012)
- Ginger, neither crushed nor ground (HS code 091011)
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Dominican Republic ginger export values
In 2019, the Dominican Republic sold ginger with a value of 0.32m USD, a contraction of -30.74% from 2018's total ginger export of 0.462m USD. The yearly change in value of the Dominican Republic ginger between 2017 to 2018 was 425%.
The annual/yearly change in the quantity of the Dominican Republic's ginger exports between 2017 and 2019 was 557.5 pc in comparison to a variation of -37.825% in the period between 2018 and 2019.
Export markets for Dominican Republic ginger ( in '000$ )
the Dominican Republic imported 22 tonnes of ginger in 2019.
Production
The production of ginger in the Dominican Republic was 273 tonnes in 2019 and is estimated to change by an average of -12.5%. The country had approximately 69.00 hectares under ginger cultivation.