Dried shelled broad and horse beans market in Dominican Republic

Earlier Report Observations

From 2018 to 2020, the market volume for dried shelled broad and horse beans in the Dominican Republic declined from 13.0 thousand t to 12.7 thousand t. This decrease was driven by adverse weather conditions such as hurricanes and droughts that affected domestic production. In 2020, the COVID-19 pandemic further disrupted household consumption patterns and spending structures, leading to an additional contraction in demand.

After 2020, the market showed signs of recovery, reaching 13.0 thousand t in 2022. Price stability for dried beans in the local market and increased poultry production, which raised demand for plant-based proteins, supported this upturn. However, the introduction of new labeling regulations under NORDOM 53 in 2022, requiring strict packaging standards for prepackaged foods, added operational costs for importers and manufacturers.

By 2023, market volume dipped again to 12.8 thousand t. Social programs and government subsidies helped maintain purchasing power, but the ongoing enforcement of labeling rules and persistent adverse weather limited growth. The Dominican market remains reliant on imports to meet demand, with domestic production covering only 35-40% of consumption.

Production dried shelled broad and horse beans in Dominican Republic

In kind, 2017-2020, t

Top producers of dried shelled broad and horse beans, 2017-2020

World map of production of dried shelled broad and horse beans, 2017-2020

Production of dried shelled broad and horse beans in the Dominican Republic declined for the second consecutive year. In 2020, the country produced 12,596 tonnes, representing a slight reduction of 1.6% compared to the previous year. The highest production level was recorded in 2018 at 12,913 tonnes, which also saw the largest annual increase of 1.5%.

Annual dynamics of production in Dominican Republic in kind, 2017-2020, t

Exports dried shelled broad and horse beans from Dominican Republic

Exports in kind, t

The market exhibited an unstable trend throughout the period. Exports peaked in 2017 and fell to their lowest point in 2020, with a 52-fold difference between these years. In 2020, foreign supplies of dried shelled broad and horse beans from the Dominican Republic amounted to 2.2 tonnes, marking a significant decrease of 93.5% compared to the previous year. The largest annual increase was recorded in 2019 at 75.2%.

Annual dynamics of product's exports from Dominican Republic in kind, 2017-2020, t

From 2017 to 2020, the United States effectively concentrated exports in kind of dried shelled broad and horse beans from the Dominican Republic, accounting for 91.8% of total flows.

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

The market showed an unstable trend over the observed timeframe. Exports reached their peak in 2017 and dropped to their trough in 2020, changing by a factor of 18. In 2020, shipments of dried shelled broad and horse beans from the Dominican Republic to abroad amounted to 5.9 thousand US dollars, indicating a dramatic decrease of 50.5% versus the previous year. The largest decline was recorded in 2018 at 93.0%, while the largest increase occurred in 2019 at 62.6%.

Annual dynamics of product's exports from Dominican Republic in value, 2017-2020, K $ US

Throughout 2017–2020, the United States dominated the partner structure for exports in value terms, with a share of 86.6% of total flows; other markets had comparatively modest shares.

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 dried shelled broad and horse beans to Dominican Republic

Imports in kind, t

The market showed signs of volatility during the observed period. Imports varied by a multiple of 4.7, with a high in 2019 and a low in 2017. In 2020, the Dominican Republic imported approximately 94.1 tonnes of dried shelled broad and horse beans, reflecting a decline of 41.1% year-over-year. The maximum value was recorded in 2019 at 159.6 tonnes, and the largest annual increase was in 2018 at 315.0%.

Annual dynamics of product's imports to Dominican Republic in kind, 2017-2020, t

From 2017 to 2020, Peru and the United States were the principal sources for imports in kind, with their joint share reaching 99.9% of total flows.

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 data reveals irregular changes, indicating a volatile market environment. Imports hit their maximum in 2018 and fell to their lowest point in 2017, with a difference of 2.4 times. In 2020, the volume of dried shelled broad and horse beans imports into the Dominican Republic stood at 157.8 thousand US dollars, down by 23.8% compared to the previous year. The highest value was recorded in 2018 at 253.1 thousand US dollars, which also saw the largest annual increase of 145.0%.

Annual dynamics of product's imports to Dominican Republic in value, 2017-2020, K $ US

Over 2017–2020, the United States and Peru consistently accounted for 98.7% of total imports in value terms, indicating a high degree of concentration alongside a long tail of smaller markets.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Dominican Republic in value, 2017-2020