Dominican Republic - Shelled Walnuts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Dominican Republic - Shelled Walnuts - Market Analysis, Forecast, Size, Trends And Insights

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Shelled Walnut Price in the Dominican Republic - 2023

Contents:

  1. Shelled Walnut Price in the Dominican Republic (CIF) - 2022
  2. Shelled Walnut Price in the Dominican Republic (FOB) - 2022
  3. Shelled Walnut Imports in the Dominican Republic
  4. Shelled Walnut Exports in the Dominican Republic

Shelled Walnut Price in the Dominican Republic (CIF) - 2022

The average shelled walnut import price stood at $6,699 per ton in 2022, with an increase of 4.9% against the previous year. In general, the import price, however, saw a mild shrinkage. The pace of growth was the most pronounced in 2020 an increase of 24%. The import price peaked at $10,530 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,731 per ton), while the price for Germany totaled $3,397 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.1%).

Shelled Walnut Price in the Dominican Republic (FOB) - 2022

The average shelled walnut export price stood at $3,298 per ton in 2022, picking up by 884% against the previous year. In general, the export price saw a prominent increase. The export price peaked at $8,548 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($21,059 per ton), while the average price for exports to Luxembourg ($217 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+35.3%), while the prices for the other major destinations experienced more modest paces of growth.

Shelled Walnut Imports in the Dominican Republic

In 2022, approx. 104 tons of shelled walnuts were imported into the Dominican Republic; growing by 9% compared with the previous year's figure. The total import volume increased at an average annual rate of +8.4% over the period 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 2020 with an increase of 38%. As a result, imports reached the peak of 112 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, shelled walnut imports rose significantly to $693K in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 70%. As a result, imports attained the peak of $780K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Shelled Walnut in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States43567752668916.6%
Germany15.477.055.80.7-64.3%
China1.71.70.70.2-51.0%
Others5.924.823.93.4-16.8%
Total45878060669314.8%

Top Suppliers of Shelled Walnut to the Dominican Republic in 2022:

  1. United States (102.4 tons)
  2. Germany (0.2 tons)
  3. China (0.1 tons)

Shelled Walnut Exports in the Dominican Republic

After three years of growth, overseas shipments of shelled walnuts decreased by -21.8% to 4.1 tons in 2022. Over the period under review, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 77%. As a result, the exports reached the peak of 5.3 tons, and then shrank dramatically in the following year.

In value terms, shelled walnut exports surged to $14K in 2022. In general, exports continue to indicate a drastic downturn.

Export of Shelled Walnut in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti12.315.01.410.8-4.2%
Jamaica2.12.80.21.4-12.6%
France0.10.30.10.681.7%
United States8.07.20.10.2-70.8%
Turks and Caicos Islands0.1N/AN/A0.10.0%
Russia2.4N/AN/AN/A0%
LuxembourgN/AN/AN/AN/A0%
OthersN/AN/AN/A0.50%
Total25.025.41.813.6-18.4%

Top Export Markets for Shelled Walnut from the Dominican Republic in 2022:

  1. France (1849.0 kg)
  2. Jamaica (1001.0 kg)
  3. Haiti (512.0 kg)
  4. United States (307.0 kg)
  5. Turks and Caicos Islands (198.0 kg)
  6. Luxembourg (112.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the shelled walnut 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 222 - Walnuts

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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