Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the Dominican Republic - 2023

Contents:

  1. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the Dominican Republic (CIF) - 2022
  2. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the Dominican Republic (FOB) - 2022
  3. Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the Dominican Republic
  4. Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the Dominican Republic

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the Dominican Republic (CIF) - 2022

In 2022, the average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $12,552 per ton, increasing by 73% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($29,406 per ton), while the price for Spain ($7,788 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the Dominican Republic (FOB) - 2022

The average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $1,842 per ton in 2022, surging by 3.7% against the previous year. Overall, the export price showed a strong increase. The growth pace was the most rapid in 2017 when the average export price increased by 36%. The export price peaked in 2022 and is expected to retain 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 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +7.4% per year.

Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the Dominican Republic

In 2022, approx. 2.7 tons of nuts, edible; mixtures of nuts or dried fruits of chapter 8 were imported into the Dominican Republic; falling by -46.5% against 2021 figures. In general, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 1.2%.

In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 contracted to $34K in 2022. Overall, imports saw a significant decline.

Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12526.228.524.5-41.9%
ItalyN/AN/AN/A4.90%
Spain3.57.65.83.60.9%
TurkeyN/A11.0N/A0.2-86.5%
Others2.41.92.30.7-33.7%
Total13146.836.633.9-36.3%

Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to the Dominican Republic in 2022:

  1. United States (2056.0 kg)
  2. Spain (463.0 kg)
  3. Italy (165.0 kg)
  4. Turkey (6.0 kg)

Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the Dominican Republic

In 2022, shipments abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8 decreased by -13.7% to 15 tons, falling for the second year in a row after two years of growth. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 40%. As a result, the exports attained the peak of 27 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 shrank to $27K in 2022. In general, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 41% against the previous year. As a result, the exports attained the peak of $50K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States35.249.730.527.4-8.0%
OthersN/AN/A0.1N/A0%
Total35.249.730.627.4-8.0%

Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from the Dominican Republic in 2022:

  1. United States (14.9 tons)

Source: IndexBox Market Intelligence Platform

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