Key Market Indicators
The Dominican Republic's milk powder import is projected to reach 10.4 million kilograms by 2026, up from 9.5 million kilograms in 2021. That's a 1.5% year-on-year average growth rate since 2007. In 2021, the Dominican Republic was the 37th highest importer, surpassed by South Africa, which imported 9.5 million kilograms. The Philippines, Indonesia and Algeria were the next highest importers, in that order. Meanwhile, Dominican milk powder export is forecast to reach 325,160 kilograms by 2026, up from 265,570 kilograms in 2021. This is a 3.4% compounded annual growth rate since 2001, when exports jumped by 48.6% year-on-year. In 2021, the Dominican Republic was the 63rd highest exporter, overtaken by Kazakhstan, which exported 265,570 kilograms. The next highest exporters were Germany, New Zealand and France, respectively.
