Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Dominican Republic - 2023
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Dominican Republic (CIF) - 2022
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Dominican Republic (FOB) - 2022
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Dominican Republic
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Dominican Republic
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Dominican Republic (CIF) - 2022
The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $2,218 per ton in 2022, with an increase of 6.1% against the previous year. Over the period under review, the import price, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of 53%. The import price peaked at $7,785 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($9,408 per ton), while the price for China ($1,124 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 (+1.9%), while the prices for the other major suppliers experienced a decline.
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Dominican Republic (FOB) - 2022
The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $5,500 per ton in 2022, declining by -46.6% against the previous year. Over the period under review, the export price faced a abrupt decline. The pace of growth was the most pronounced in 2014 when the average export price increased by 39% against the previous year. As a result, the export price reached the peak level of $39,000 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2013 to 2022, the rate of growth in terms of prices for Haiti amounted to +8.8% per year.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Dominican Republic
In 2022, imports of nuts, edible; cashew nuts, shelled, fresh or drieds into the Dominican Republic soared to 372 tons, growing by 21% against the previous year. In general, imports posted perceptible growth. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds surged to $825K in 2022. Overall, imports showed a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 60%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 269 | 159 | 269 | 507 | 23.5% |
| United States | 43.1 | 209 | 218 | 208 | 69.0% |
| China | 4.4 | N/A | 129 | 61.2 | 140.5% |
| Hong Kong SAR | 32.1 | N/A | N/A | N/A | 0% |
| India | 69.1 | 24.0 | 27.4 | N/A | -37.0% |
| Others | 90.6 | 8.7 | 0.1 | 48.0 | -19.1% |
| Total | 508 | 401 | 643 | 825 | 17.5% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to the Dominican Republic in 2022:
- Vietnam (292.4 tons)
- China (54.5 tons)
- United States (22.1 tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Dominican Republic
After three years of growth, overseas shipments of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -80% to 2 kg in 2022. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 100%. As a result, the exports attained the peak of 10 kg, and then reduced markedly in the following year.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds contracted dramatically to $11 in 2022. Overall, exports showed a significant decrease. The growth pace was the most rapid in 2021 when exports increased by 106% against the previous year. As a result, the exports reached the peak of $103, and then reduced markedly in the following year.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 28.0 | 50.0 | 103 | 11.0 | -26.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.0 | 50.0 | 103 | 11.0 | -26.8% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from the Dominican Republic in 2022:
- United States (2.0 kg)
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