Dominican Republic: Shelled Walnut Market 2025

Shelled Walnut Market Size in the Dominican Republic

The Dominican shelled walnut market soared to $X in 2022, rising by 15% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a pronounced expansion. Shelled walnut consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Shelled Walnut Exports

Exports from the Dominican Republic

In 2022, after five years of growth, there was significant decline in shipments abroad of shelled walnuts, when their volume decreased by -21.8% to X tons. Over the period under review, exports, however, posted strong growth. The growth pace was the most rapid in 2019 with an increase of 186%. The exports peaked at X tons in 2021, and then declined sharply in the following year.

In value terms, shelled walnut exports soared to $X in 2022. Overall, exports, however, posted a significant increase. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons), Jamaica (X tons) and Haiti (X kg) were the main destinations of shelled walnut exports from the Dominican Republic, with a combined 82% share of total exports. The United States, Turks and Caicos Islands and Luxembourg lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Luxembourg (with a CAGR of +52.2%), while the other leaders experienced more modest paces of growth.

In value terms, Haiti ($X) remains the key foreign market for shelled walnuts exports from the Dominican Republic, comprising 80% of total exports. The second position in the ranking was held by Jamaica ($X), with an 11% share of total exports. It was followed by France, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value to Haiti totaled +89.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (-0.4% per year) and France (+2.2% per year).

Export Prices by Country

The average shelled walnut export price stood at $X per ton in 2022, surging by 884% against the previous year. In general, the export price showed resilient growth. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

Imports into the Dominican Republic

Shelled walnut imports into the Dominican Republic rose notably to X tons in 2022, surging by 9% against 2021 figures. In general, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2015 when imports increased by 85% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, shelled walnut imports rose remarkably to $X in 2022. Overall, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 112%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) was the main shelled walnut supplier to the Dominican Republic, with a 99% share of total imports. It was followed by Germany (X kg), with a 0.2% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +11.9%.

In value terms, the United States ($X) constituted the largest supplier of shelled walnuts to the Dominican Republic, comprising 99% of total imports. The second position in the ranking was held by Germany ($X), with a 0.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +10.7%.

Import Prices by Country

The average shelled walnut import price stood at $X per ton in 2022, growing by 4.9% against the previous year. In general, the import price, however, showed a mild setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 24% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 ($X per ton), while the price for Germany stood at $X per ton.

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

Source: IndexBox Platform

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