Dominican Republic - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHazelnut Price in the Dominican Republic - 2022
Contents:
- Hazelnut Price in the Dominican Republic (CIF) - 2022
- Hazelnut Price in the Dominican Republic (FOB) - 2022
- Hazelnut Imports in the Dominican Republic
- Hazelnut Exports in the Dominican Republic
Hazelnut Price in the Dominican Republic (CIF) - 2022
In 2022, the average hazelnut import price amounted to $2,883 per ton, reducing by -26.5% against the previous year. In general, the import price saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 an increase of 28% against the previous year. Over the period under review, average import prices reached the peak figure at $4,814 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.2% per year.
Hazelnut Price in the Dominican Republic (FOB) - 2022
The average hazelnut export price stood at $9,000 per ton in 2022, rising by 29% against the previous year. In general, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2017 to 2022, the rate of growth in terms of prices for the United States amounted to +52.6% per year.
Hazelnut Imports in the Dominican Republic
Hazelnut imports into the Dominican Republic soared to 134 tons in 2022, with an increase of 19% on 2021. The total import volume increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 20%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, hazelnut imports shrank to $385K in 2022. Overall, imports, however, continue to indicate a pronounced descent. The growth pace was the most rapid in 2021 when imports increased by 53%. As a result, imports reached the peak of $441K, and then declined in the following year.
| Import of Hazelnut in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 416 | 287 | 440 | 385 | -2.5% |
| Others | 2.0 | 1.6 | 1.4 | N/A | -16.3% |
| Total | 418 | 289 | 441 | 385 | -2.7% |
Top Suppliers of Hazelnut to the Dominican Republic in 2022:
- United States (133.6 tons)
Hazelnut Exports in the Dominican Republic
For the third consecutive year, the Dominican Republic recorded decline in shipments abroad of hazelnuts, which decreased by 0% to 2 kg in 2022. Overall, exports recorded a sharp setback. The smallest decline of -54.5% was in 2020.
In value terms, hazelnut exports surged to $18 in 2022. Over the period under review, exports showed a sharp slump.
| Export of Hazelnut in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.0 | 23.0 | 14.0 | 18.0 | 65.1% |
| Switzerland | 39.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 43.0 | 23.0 | 14.0 | 18.0 | -25.2% |
Top Export Markets for Hazelnut from the Dominican Republic in 2022:
- United States (2.0 kg)
This report provides an in-depth analysis of the hazelnut market in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 225 - Hazelnuts (Filberts)
Country coverage:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global hazelnut consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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In 2015, the global hazelnut market grew to X thousand tons.
2776
From 2007 to 2015, global exports on the hazelnut market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports amounted to X thousand tons in 2015, a decrease of X thousand tons (or X%) on the previous yea
3726
The value of total imports on the global hazelnut market in 2015 stood at X million USD, an increase of X million USD (or X%) on the previous year. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, haze
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The global production of hazelnuts was estimated at X thousand tons in 2015, an increase of X thousand tons (or X%) on the figure for 2014, and X thousand tons (or X%) less than the peak production level that was recorded in 2008. In valu
3615
In 2015, the global hazelnut market grew to X thousand tons, following the significant market contraction in 2014. In value terms, the market volume increased over the period from 2014-2015, reaching X million USD.
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Producers of confectionary products, wishing to reduce their dependency on Turkey's erratic and unstable hazelnut yield figures, are showing interest in the development of new areas and sites intended for hazelnut cultivation.
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