Dominican Republic: Dry Peas Market 2025

Dry Peas Market Size in the Dominican Republic

In 2021, the Dominican dry peas market increased by 80% to $X, rising for the second consecutive year after two years of decline. In general, consumption enjoyed a significant expansion. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in years to come.

Dry Peas Production in the Dominican Republic

In value terms, dry peas production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of 104% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then reduced modestly in the following year.

The average yield of peas (dry) in the Dominican Republic declined modestly to X kg per ha in 2021, almost unchanged from 2020 figures. In general, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the yield increased by 3.5% against the previous year. The dry peas yield peaked at X kg per ha in 2013; however, from 2014 to 2021, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the harvested area of peas (dry) in the Dominican Republic reached X ha, standing approx. at 2020 figures. Overall, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the harvested area increased by 0.7%. The dry peas harvested area peaked in 2021 and is expected to retain growth in the near future.

Dry Peas Exports

Exports from the Dominican Republic

In 2021, shipments abroad of peas (dry) increased by 1.2% to X kg, rising for the second year in a row after three years of decline. In general, exports, however, saw a precipitous shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 150% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, dry peas exports amounted to $X in 2021. Overall, exports, however, showed a sharp decrease. The pace of growth was the most pronounced in 2016 with an increase of 65%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Antigua and Barbuda (X kg) was the main destination for dry peas exports from the Dominican Republic, accounting for a 73% share of total exports. Moreover, dry peas exports to Antigua and Barbuda exceeded the volume sent to the second major destination, Haiti (X kg), threefold. Turks and Caicos Islands (X kg) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume to Antigua and Barbuda amounted to -37.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (-29.8% per year) and Turks and Caicos Islands (-32.0% per year).

In value terms, Antigua and Barbuda ($X) remains the key foreign market for dry peas exports from the Dominican Republic, comprising 74% of total exports. The second position in the ranking was taken by Haiti ($X), with a 19% share of total exports. It was followed by Turks and Caicos Islands, with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Antigua and Barbuda amounted to -30.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (-23.2% per year) and Turks and Caicos Islands (-16.5% per year).

Export Prices by Country

In 2021, the average dry peas export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price saw strong growth. The pace of growth was the most pronounced in 2017 an increase of 75%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Turks and Caicos Islands ($X per ton), while the average price for exports to Aruba ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turks and Caicos Islands (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Dry Peas Imports

Imports into the Dominican Republic

In 2021, purchases abroad of peas (dry) increased by 98% to X tons, rising for the second consecutive year after two years of decline. Overall, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 316%. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, dry peas imports soared to $X in 2021. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 409% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, the United States (X tons) constituted the largest dry peas supplier to the Dominican Republic, accounting for a 83% share of total imports. Moreover, dry peas imports from the United States exceeded the figures recorded by the second-largest supplier, Argentina (X tons), more than tenfold. Canada (X tons) ranked third in terms of total imports with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +49.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+45.2% per year) and Canada (+43.9% per year).

In value terms, the United States ($X) constituted the largest supplier of dry peas to the Dominican Republic, comprising 84% of total imports. The second position in the ranking was taken by Argentina ($X), with a 5.6% share of total imports. It was followed by Ecuador, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +48.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+41.3% per year) and Ecuador (+17.9% per year).

Import Prices by Country

In 2021, the average dry peas import price amounted to $X per ton, declining by -2.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 22%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Ecuador ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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