Earlier Report Observations
The cashew nut market in the Dominican Republic began at 909 tons in 2018 and grew to 1 018 tons in 2019, a rise supported by the promotion of domestic agricultural products and production diversification that started in 2017. Market volume then declined to 850 tons in 2020.
A recovery followed, with the market reaching 1 019 tons in 2021 and advancing to 1 085 tons in 2022. This growth was driven by the adoption of new technologies and increased productivity within the agricultural sector. In 2023, the market expanded further to 1 113 tons, a period that saw shifts in consumer preferences and the continued expansion of retail markets, including e-commerce.
For 2024, reported factors included sustained economic growth, ongoing agricultural modernization, and evolving consumer trends, which have previously shaped the market's trajectory.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Dominican Republic
- 5.1.1. Annual dynamics of production in Dominican Republic in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Dominican Republic in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Dominican Republic
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Dominican Republic in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Dominican Republic by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Dominican Republic in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Dominican Republic by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Dominican Republic, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Dominican Republic by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Dominican Republic in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Dominican Republic by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Dominican Republic in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Dominican Republic by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Dominican Republic, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Dominican Republic by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Dominican Republic in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Dominican Republic by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Dominican Republic in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Dominican Republic by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Dominican Republic, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Dominican Republic by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Dominican Republic in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Dominican Republic by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Dominican Republic in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Dominican Republic by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Dominican Republic, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Dominican Republic by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production cashew nuts in Dominican Republic
In kind, 2017-2020, t
Top producers of cashew nuts, 2017-2020
World map of production of cashew nuts, 2017-2020
Cashew nut production in the Dominican Republic has declined for three consecutive years. In 2020, the country produced 656.5 tons of cashew nuts, marking a slight year-over-year contraction of 1.0%. Between 2017 and 2020, production decreased by 2.8%, which translates to an annualized decline rate of 0.9%.
Annual dynamics of production in Dominican Republic in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.8%) | (1.1%) | (1.0%) | (0.9%) |
Exports cashew nuts from Dominican Republic
Exports in kind, t
The export market for cashew nuts from the Dominican Republic exhibited significant volatility during the observed period. Exports reached their lowest point in 2017 and peaked in 2020, with a 25-fold increase between these years. In 2020, the Dominican Republic exported 0.0 tons of cashew nuts, representing a substantial 733.3% rise compared to the previous year. The most significant decline occurred in 2019, when exports dropped by 50.0%.
Annual dynamics of product's exports from Dominican Republic in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 500.0% | (50.0%) | 733.3% | 192.4% |
From 2017 to 2020, the Dominican Republic's cashew nut exports were heavily concentrated on the United States, which accounted for 97.1% of total export volumes.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Dominican Republic in kind, 2017-2020
Exports in value, K $ US
Cashew nut exports from the Dominican Republic in value terms have increased for three consecutive years. In 2020, exports totaled 0.0 thousand US dollars, reflecting a 73.4% increase compared to 2019. Between 2017 and 2020, export values surged by 2 375%, corresponding to an annualized growth rate of 191.4%.
Annual dynamics of product's exports from Dominican Republic in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1 218.0% | 8.3% | 73.4% | 191.4% |
Throughout the 2017–2020 period, the United States remained the dominant market for the Dominican Republic's cashew nut exports in value terms, capturing 98.1% of total export flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Dominican Republic in value, 2017-2020
Imports cashew nuts to Dominican Republic
Imports in kind, t
After two years of growth, cashew nut imports into the Dominican Republic declined. In 2020, the country imported 193.8 tons of cashew nuts, a decrease of 45.5% compared to 2019. Over the 2017–2020 period, imports fell by 4.5%, with a compound annual growth rate of -1.5%. The highest import volume was recorded in 2019 at 355.2 tons, which also saw the largest increase of 48.8%.
Annual dynamics of product's imports to Dominican Republic in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 17.6% | 48.8% | (45.5%) | (1.5%) |
From 2017 to 2020, Vietnam was the primary source for the Dominican Republic's cashew nut imports by volume, accounting for 80.7% of total imports, while the remainder was distributed among various smaller markets.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Dominican Republic in kind, 2017-2020
Imports in value, K $ US
The import market for cashew nuts in the Dominican Republic showed notable volatility during these years. Imports reached their lowest point in 2017 and peaked in 2019, with a 2.6-fold increase between these years. In 2020, import value amounted to 580.6 thousand US dollars, down 16.3% from the previous year. The highest import value was recorded in 2019 at 694.0 thousand US dollars, which also experienced the largest increase of 112.9%.
Annual dynamics of product's imports to Dominican Republic in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 21.3% | 112.9% | (16.3%) | 29.3% |
Between 2017 and 2020, Vietnam and the United States were the leading suppliers of cashew nuts to the Dominican Republic in value terms, together accounting for 82.4% of total imports, with other destinations each holding relatively minor shares.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Dominican Republic in value, 2017-2020
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