Not roasted and not cooked groundnuts market in Dominican Republic

Earlier Report Observations

In 2018 and 2019, the market for not roasted and not cooked groundnuts in the Dominican Republic was shaped by contrasting forces. Domestic demand weakened as major processors like La Manicera halted purchases of local peanuts, while frequent droughts constrained yields. However, active government support through financing from Banco Agrícola and Instituto Agrario Dominicano, alongside presidential attention to peanut projects, encouraged planting. This contributed to production rising from 6 450 t in 2018 to 7 394 t in 2019, with market volume expanding from 7 210 t to 7 990 t.

Production fell to 6 190 t in 2020, reducing market volume to 6 562 t. A partial recovery followed in 2021, with output reaching 6 299 t and the market growing to 6 981 t, supported by a rebound in imports after a sharp drop the previous year.

From 2022, a key driver was the initiative by the Instituto del Tabaco (INTABACO) to promote high-yield peanut cultivation during the tobacco off-season, aiming to develop an export specialty. The entry of the Nicaraguan company Agroindustria Santa Luisa into crop rotation projects added technical cooperation. Production increased to 6 704 t in 2022 and further to 7 203 t in 2023, while market volume reached 8 282 t in 2023, with rising imports meeting additional demand.

Production not roasted and not cooked groundnuts in Dominican Republic

In kind, 2017-2020, t

Top producers of not roasted and not cooked groundnuts, 2017-2020

World map of production of not roasted and not cooked groundnuts, 2017-2020

After two years of growth, production of not roasted and not cooked groundnuts in the Dominican Republic declined. In 2019, production reached its peak at 7 394 tons, marking a significant increase of 14.6% from the previous year. However, by 2020, production had fallen to 6 190 tons, representing a sharp decline of 16.3% compared to 2019. Over the period from 2017 to 2020, overall production decreased by 2.2%, which translates to an average annual decline of 0.8%.

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

Exports not roasted and not cooked groundnuts from Dominican Republic

Exports in kind, t

The market showed an unstable trend throughout the analyzed period. In 2017, export volumes hit their lowest point, while they peaked in 2019 at 14.9 tons, representing an extraordinary increase of 149 365.3% from the previous year. The difference between the highest and lowest volumes was substantial, with a ratio of 2 491 times. By 2020, exports from the Dominican Republic dropped dramatically to 0.0 tons, a near-total decline of 99.8% year-over-year.

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

From 2017 to 2020, the United States was the dominant market for not roasted and not cooked groundnuts exports from the Dominican Republic, accounting for 89.2% of total export volumes. Other destinations played a much smaller role, forming a minor share of the overall trade.

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 exhibited an unstable trend throughout the timeframe. In 2018, export values reached their minimum at 0.0 thousand US dollars, but surged to a peak of 30 thousand US dollars in 2019, marking an unprecedented increase of 180 212.0%. The fluctuation between these years was extreme, with a peak-to-trough ratio of 1 803 times. By 2020, export values fell to 0.1 thousand US dollars, showing a significant drop of 99.7% compared to the previous year.

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

Throughout the period from 2017 to 2020, export values were heavily concentrated on the United States, which accounted for 96.4% of total flows. Other markets contributed only a small fraction to the overall export value.

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 not roasted and not cooked groundnuts to Dominican Republic

Imports in kind, t

Imports of not roasted and not cooked groundnuts into the Dominican Republic declined for the second consecutive year. In 2018, imports peaked at 759.5 tons, reflecting a notable increase of 35.2% from the previous year. However, by 2020, imports had decreased to 372.4 tons, marking an abrupt drop of 39.0% compared to 2019. Over the entire period from 2017 to 2020, imports fell by 33.7%, with an average annual decline rate of 12.8%.

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

Between 2017 and 2020, Argentina and Nicaragua were the primary sources for imports in kind, together accounting for 85.6% of total import volumes. The remaining share was distributed among various other 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

Imports of not roasted and not cooked groundnuts into the Dominican Republic declined for the second year in a row. In 2018, import values reached their highest point at 1 004 thousand US dollars, showing an increase of 14.9% from the previous year. By 2020, imports had fallen to 399 thousand US dollars, representing a sudden decline of 49.7% compared to 2019. Over the period from 2017 to 2020, total imports decreased by 54.3%, with an average annual decline rate of 23.0%.

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

From 2017 to 2020, Argentina was the leading source for imports in value terms, accounting for 72.9% of total imports of not roasted and not cooked groundnuts to the Dominican Republic. The remaining imports were spread across multiple smaller trading partners.

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

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