What is the price of rice per kilogram/pound in Dominican Republic today?
The retail price range for Dominican Republic rice is between US$ 0.87 and US$ 4.94 per kilogram or between US$ 0.40 and US$ 2.24 per pound(lb). Click here to see today's exact prices of rice in Dominican Republic
The retail price range in Dominican peso for rice is between DOP 47.58 and DOP 269.24 per kilogram or between DOP 21.58 and DOP 122.11 per pound(lb) in Santo Domingo and Santiago de los Caballeros.
Wholesale prices
In 2024, the approximate wholesale price range for Dominican Republic rice is between US$ 0.61 and US$ 3.45 per kilogram or between US$ 0.28 and US$ 1.57 per pound(lb).
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Dominican Republic Rice Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rice from Dominican Republic over the last five years has been quite varied. In 2017, the price was 0.77 US $ per kg, which was the highest in the period. This was followed by a decrease to 0.49 US $ per kg in 2018. In 2019 and 2020, the price was 0.51 and 0.53 US $ per kg respectively. The latest year, 2021, saw an increase to 0.76 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Rice from Dominican Republic in 2023 will be around 0.78 US $ per kg and in 2024 will be around 0.80 US $ per kg.Dominican Republic Rice Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rice into Dominican Republic over the last five years has been quite varied. In 2017, the price was $0.77, followed by a decrease to $0.49 in 2018. In 2019, the price rose to $0.51, and then increased again to $0.76 in 2021. This suggests that the price of Rice is likely to continue to increase in the coming years. Based on this trend, it is predicted that the import price per kilogram of Rice into Dominican Republic in 2023 will be around $0.86, and in 2024 it will be around $0.96.Export values for Dominican Republic rice
The total values in export for rice in the Dominican Republic were US$ 8,080, US$ 23,408, US$ 12,528 and US$ 16,896 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: Wheat, Rye, Barley, Oats, Maize, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of rice in other countries across Caribbean: Aruba rice, Bahamas rice, Barbados rice, Cuba rice, Dominican Republic rice, Grenada rice, Guadeloupe rice, Haiti rice, Jamaica rice & Martinique rice.
Dominican Republic rice - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Dominican Republic exported 32,908 tonnes of rice. Across 2019 alone, the interest in the Dominican Republic rice (cereals/grains category) has escalated, changing by 28.447 percent compared to the year 2018. Between 2017 and 2019, rice's exports went up by 8.64 percent bringing the Dominican Republic US$16.90m for the year 2019. the Dominican Republic's rice exports are classified as:
- Rice in the husk, "paddy" or rough (HS code 100610)
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
- Broken rice (HS code 100640)
- Husked or brown rice (HS code 100620)
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Dominican Republic rice export values
In 2019, the Dominican Republic sold rice with a value of 16.90m USD, a growth of 34.90% from 2018's total rice export of 12.528m USD. The yearly change in value of the Dominican Republic rice between 2017 to 2018 was -46.48 per cent.
The annual change in the quantity of the Dominican Republic's rice exports between 2017 and 2019 was 8.64% compared to a variation of 28.447% in the period between 2018 and 2019.
Export markets for Dominican Republic rice ( in '000$ )
the Dominican Republic ordered 45,036 tonnes of rice in 2019.
Production
The production of rice in the Dominican Republic was 7,208,108 tonnes in 2019 and is forecast to change by an average of 1.98%. The country had an estimated 1,564,056.00 hectares under rice cultivation.