Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in the Dominican Republic - 2023

Contents:

  1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in the Dominican Republic (CIF) - 2022
  2. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in the Dominican Republic

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in the Dominican Republic (CIF) - 2022

The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $961 per ton in 2022, picking up by 65% against the previous year. Overall, the import price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 76%. As a result, import price attained the peak level of $3,348 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($3,567 per ton), while the price for Nicaragua ($572 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.5%), while the prices for the other major suppliers experienced a decline.

Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in the Dominican Republic

In 2022, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell into the Dominican Republic soared to 118 tons, rising by 72% compared with the year before. Over the period under review, total imports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.4% against 2020 indices.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell surged to $113K in 2022. Overall, imports, however, recorded a noticeable downturn.

Import of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BoliviaN/AN/AN/A56.90%
Nicaragua16.423.818.243.037.9%
Panama3.94.53.47.826.0%
United States22.319.017.43.6-45.5%
Argentina76.924.8N/AN/A-67.8%
BrazilN/A24.3N/AN/A0%
Others1.71.50.81.81.9%
Total12197.939.8113-2.3%

Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to the Dominican Republic in 2022:

  1. Nicaragua (75.2 tons)
  2. Bolivia (38.6 tons)
  3. Panama (2.2 tons)
  4. United States (1.1 tons)

Source: IndexBox Market Intelligence Platform

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