Earlier Report Observations
The market for groundnut oil and fractions in the Dominican Republic experienced notable volatility between 2018 and 2023. Volume jumped by 26% from 1 730 t to 2 195 t in 2019, marking a significant expansion.
This growth was entirely reversed the following year, with the market contracting by 21% to 1 736 t in 2020. From 2021 onward, a phase of steady recovery took hold, with annual increases of approximately 10% leading to a market size of 2 306 t by 2023.
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, kg
- 6.1.2.1. Annual dynamics of product's imports to Dominican Republic in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Dominican Republic by countries, 2018-2024, kg
- 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, $ US
- 6.1.3.1. Annual dynamics of product's imports to Dominican Republic in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Dominican Republic by countries, 2018-2024, $ 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, kg
- 6.2.2.1. Annual dynamics of product's imports to Dominican Republic in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Dominican Republic by countries, 2018-2024, kg
- 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, $ US
- 6.2.3.1. Annual dynamics of product's imports to Dominican Republic in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Dominican Republic by countries, 2018-2024, $ 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, kg
- 7.1.2.1. Annual dynamics of product's exports from Dominican Republic in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's exports in kind from Dominican Republic by countries, 2018-2024, kg
- 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, $ US
- 7.1.3.1. Annual dynamics of product's exports from Dominican Republic in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's exports in value from Dominican Republic by countries, 2018-2024, $ 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, kg
- 7.2.2.1. Annual dynamics of product's exports from Dominican Republic in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's exports in kind from Dominican Republic by countries, 2018-2024, kg
- 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, $ US
- 7.2.3.1. Annual dynamics of product's exports from Dominican Republic in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's exports in value from Dominican Republic by countries, 2018-2024, $ 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, kg
- 8.1.2. In value, $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 8.2.2. In value, $ 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 groundnut oil and fractions in Dominican Republic
In kind, 2017-2020, t
Top producers of groundnut oil and fractions, 2017-2020
World map of production of groundnut oil and fractions, 2017-2020
After two consecutive years of growth, groundnut oil and fractions production in the Dominican Republic declined. In 2019, production reached its peak at 2,194 tonnes, representing a 25.5% increase from the previous year. However, by 2020, production had fallen to 1,735 tonnes, marking a significant 20.9% decrease compared to 2019.
Annual dynamics of production in Dominican Republic in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.8% | 25.5% | (20.9%) | 0.3% |
Exports groundnut oil and fractions from Dominican Republic
Exports in kind, kg
The market exhibited volatility during the observed period. In 2019, Dominican Republic's groundnut oil and fractions export volume dropped to just 24 kg, a 99.9% year-over-year decline. This contrasted sharply with 2018, when exports peaked at 18,832 kg, reflecting a massive 58,005.5% increase from the previous year. The difference between the peak in 2018 and the low in 2019 was a staggering 769-fold.
Annual dynamics of product's exports from Dominican Republic in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 58 005.5% | (99.9%) | n/a | - |
From 2017 to 2020, the export market structure was highly concentrated, with Haiti accounting for 99.6% of total exports in kind.
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, $ US
Market performance showed noticeable fluctuations over this period. In 2017, export values hit their lowest point, while they climbed to a maximum of 28,657 US dollars in 2018, representing a 32,987.1% increase. By 2019, exports had declined to 3,012 US dollars, an 89.5% drop from the previous year. The shift from the 2017 low to the 2018 high was a 331-fold difference.
Annual dynamics of product's exports from Dominican Republic in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 32 987.1% | (89.5%) | n/a | - |
During 2017–2020, the structure of exports in value terms was dominated by a single market: Haiti, which held a 98.2% share of total 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 groundnut oil and fractions to Dominican Republic
Imports in kind, kg
Market performance displayed significant fluctuations during these years. In 2019, imports saw the largest increase at 56.2%, but by 2020, imported groundnut oil and fractions volumes in the Dominican Republic had fallen sharply to 92 kg, an 89.9% year-over-year decline. The peak-to-trough amplitude from 2017 to 2020 spanned a 26-fold difference.
Annual dynamics of product's imports to Dominican Republic in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (76.0%) | 56.2% | (89.9%) | (66.4%) |
From 2017 to 2020, the United States and Canada were the main suppliers of groundnut oil and fractions to the Dominican Republic, together accounting for 81.9% of total imports in kind, with the remainder fragmented across other countries.
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, $ US
Volatility characterized the market behavior during this period. In 2019, imports recorded the largest increase at 23.3%, but by 2020, groundnut oil and fractions import volumes in the Dominican Republic had decreased to 596 US dollars, a 92.1% drop from 2019. The variation from the high in 2017 to the low in 2020 was a 45-fold difference.
Annual dynamics of product's imports to Dominican Republic in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (76.9%) | 23.3% | (92.1%) | (71.8%) |
In 2017–2020, the country structure of imports in value terms was strongly concentrated on the United States and Canada, which together accounted for 94.7% of total flows, with other partners forming a residual portion.
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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