What is the price of beans per kilogram/pound in Dominican Republic today?
The retail price range for Dominican Republic beans is between US$ 3.97 and US$ 16.39 per kilogram or between US$ 1.80 and US$ 7.43 per pound(lb). Click here to see today's exact prices of beans in Dominican Republic
The retail price range in Dominican peso for beans is between DOP 216.81 and DOP 894.08 per kilogram or between DOP 98.33 and DOP 405.48 per pound(lb) in Santo Domingo and Santiago de los Caballeros.
Wholesale prices
In 2024, the approximate wholesale price range for Dominican Republic beans is between US$ 2.78 and US$ 11.47 per kilogram or between US$ 1.26 and US$ 5.20 per pound(lb).
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Dominican Republic Beans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beans from Dominican Republic over the last five years has been relatively stable. In 2016, the price was at its highest at 1.47 US $ per kg, before dropping to 0.68 US $ per kg in 2015. Since then, the price has been gradually increasing, reaching 0.91 US $ per kg in 2020. The current price of 0.94 US $ per kg is slightly higher than the average of the last five years. Based on this trend, it is likely that the export price of Beans from Dominican Republic will remain around 0.90 US $ per kg in 2023 and 2024.Dominican Republic Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beans into Dominican Republic over the last five years has been relatively stable. In 2017, the price was 0.96 US$ per kg, followed by 0.85 US$ per kg in 2018. In 2019, the price dropped to 0.64 US$ per kg, before increasing to 0.91 US$ per kg in 2020. The price then dropped slightly to 0.94 US$ per kg in 2021. Overall, the import price of Beans into Dominican Republic has seen a slight decrease over the last five years. Based on this trend, it is predicted that the import price of Beans into Dominican Republic in 2023 will be 0.90 US$ per kg and in 2024 will be 0.88 US$ per kg.Export values for Dominican Republic beans
The total values in export for beans in the Dominican Republic were US$ 142,608, US$ 223,152, US$ 194,592 and US$ 149,312 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Pulses/Legumes category in Dominican Republic: Peas, Chickpeas, Red (Adzuki) Beans, Kidney Beans, Bambara beans, Cow Peas (Black Eyed Peas), Lentils, Pigeon Peas, Locust Beans & Black beans.
See prices of beans in other countries across Caribbean: Aruba beans, Bahamas beans, Barbados beans, Cuba beans, Dominican Republic beans, Grenada beans, Guadeloupe beans, Haiti beans, Jamaica beans & Martinique beans.
Dominican Republic beans - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Dominican Republic sold 233,296 tonnes of beans. Through 2019 alone, the market for the Dominican Republic beans (pulses/legumes category) has increased, with a change of 1.83 percent compared to the year 2018. Between 2017 and 2019, beans' exports increased by 0.25 pc earning the Dominican Republic US$149.31m for the year 2019. the Dominican Republic's beans exports are classified as:
- Unshelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200559)
- Dried, shelled beans "Vigna and Phaseolus", whether or not skinned or split (excluding beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", small red "Adzuki" beans, kidney beans, Bambara beans and cow peas) (HS code 071339)
- Shelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200551)
- Dried, shelled beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", whether or not skinned or split (HS code 071331)
- Fresh or chilled beans "Vigna spp., Phaseolus spp.", shelled or unshelled (HS code 070820)
- Dried, shelled broad beans "Vicia faba var. major" and horse beans "Vicia faba var. equina and Vicia faba var. minor", whether or not skinned or split (HS code 071350)
- Shelled or unshelled beans "Vigna spp., Phaseolus spp.", uncooked or cooked by steaming or by boiling in water, frozen (HS code 071022)
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Dominican Republic beans export values
In 2019, the Dominican Republic supplied beans with a value of 149.31m USD, a decrease of -23.27% from 2018's total beans export of 194.592m USD. The annual reduction in value of the Dominican Republic beans between 2017 to 2018 was -12.798%.
The yearly change in the volume of the Dominican Republic's beans exports between 2017 and 2019 was 0.25 pc when compared to a variation of 1.83% in the growth rate between 2018 and 2019.
Export markets for Dominican Republic beans ( in '000$ )
the Dominican Republic brought in 110,384 tonnes of beans in 2019.
Production
The production of beans in the Dominican Republic was 2,476,096 tonnes in 2019 and is predicted to change by an average of 9.77%. The country had approximately 2,432,304.00 hectares under beans cultivation.