Key Market Indicators
The Dominican Republic's frozen food industry is expected to experience dramatic changes over the next five years. Exports of frozen food from the Dominican Republic are projected to drop 18.2% annually, from $504,620 in 2021 to $165,100 in 2026. This marks a decrease of 10.9% since 2001. Switzerland led the rankings in 2021, followed by China, Spain, and Mexico. Meanwhile, imports of frozen food into the Dominican Republic are forecast to grow 3.4% annually, from $51,061,000 in 2021 to $62,705,000 in 2026. This represents an increase of 4.9% since 2006. Denmark headed the rankings in 2021, followed by the United States, South Korea, and Japan.