Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in the Dominican Republic - 2023

Contents:

  1. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in the Dominican Republic (CIF) - 2023
  2. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in the Dominican Republic (FOB) - 2022
  3. Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in the Dominican Republic
  4. Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in the Dominican Republic

Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in the Dominican Republic (CIF) - 2023

The average import price for nuts, edible; almonds, fresh or dried, shelleds stood at $5,150 per ton in March 2023, shrinking by -28.5% against the previous month. Over the period under review, the import price showed a pronounced decline. The pace of growth was the most pronounced in July 2022 when the average import price increased by 71% month-to-month. Over the period under review, average import prices hit record highs at $9,581 per ton in September 2022; however, from October 2022 to March 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In March 2023, the country with the highest price was Spain ($6,896 per ton), while the price for the United States amounted to $5,072 per ton.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Spain (+0.7%).

Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in the Dominican Republic (FOB) - 2022

The average export price for nuts, edible; almonds, fresh or dried, shelleds stood at $5,205 per ton in 2022, with a decrease of -39.9% against the previous year. In general, the export price, however, continues to indicate a modest increase. The most prominent rate of growth was recorded in 2017 an increase of 178% against the previous year. Over the period under review, the average export prices reached the peak figure at $12,642 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($12,871 per ton), while the average price for exports to the United States ($4,839 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+253.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in the Dominican Republic

In 2022, approx. 429 tons of nuts, edible; almonds, fresh or dried, shelleds were imported into the Dominican Republic; with an increase of 15% on the year before. The total import volume increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 24%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds skyrocketed to $3.3M in 2022. The total import value increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nuts, Edible; Almonds, Fresh or Dried, Shelled in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.12.62.23.113.9%
Spain0.30.10.10.1-30.7%
OthersN/AN/AN/AN/A0%
Total2.42.72.33.311.2%

Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to the Dominican Republic in 2022:

  1. United States (408.3 tons)
  2. Spain (20.1 tons)

Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in the Dominican Republic

In 2022, exports of nuts, edible; almonds, fresh or dried, shelleds from the Dominican Republic surged to 842 kg, increasing by 489% against the previous year's figure. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of nuts, edible; almonds, fresh or dried, shelleds surged to $4.4K in 2022. Over the period under review, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 274% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Nuts, Edible; Almonds, Fresh or Dried, Shelled in the Dominican Republic (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,5791368053,80813.9%
Haiti458195433399-4.5%
FranceN/AN/AN/A1320%
OthersN/AN/AN/A44.00%
Total3,0373311,2384,38313.0%

Top Export Markets for Nuts, Edible; Almonds, Fresh or Dried, Shelled from the Dominican Republic in 2022:

  1. United States (787.0 kg)
  2. Haiti (31.0 kg)
  3. France (19.0 kg)

Source: IndexBox Market Intelligence Platform

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