Dominican Republic - Glycerol - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlycerol Price in the Dominican Republic - 2023
Contents:
- Glycerol Price in the Dominican Republic (CIF) - 2022
- Glycerol Price in the Dominican Republic (FOB) - 2022
- Glycerol Imports in the Dominican Republic
- Glycerol Exports in the Dominican Republic
Glycerol Price in the Dominican Republic (CIF) - 2022
The average glycerol import price stood at $2,246 per ton in 2022, with an increase of 126% against the previous year. Overall, the import price showed strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Indonesia ($2,919 per ton) and Germany ($2,895 per ton), while the price for the United States ($2,121 per ton) and Colombia ($2,152 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Price in the Dominican Republic (FOB) - 2022
In 2022, the average glycerol export price amounted to $3,070 per ton, with an increase of 67% against the previous year. In general, the export price enjoyed modest growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 70%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($11,960 per ton), while the average price for exports to Haiti ($2,901 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+55.8%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Imports in the Dominican Republic
After three years of growth, purchases abroad of glycerol decreased by -10.1% to 2.3K tons in 2022. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 25%. As a result, imports attained the peak of 2.6K tons, and then shrank in the following year.
In value terms, glycerol imports soared to $5.2M in 2022. In general, imports, however, posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Glycerol in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 995 | 821 | 1,622 | 3,276 | 48.8% |
| Colombia | 33.9 | 49.5 | 334 | 652 | 167.9% |
| Germany | 33.9 | 29.6 | 59.1 | 377 | 123.2% |
| United States | 22.3 | 69.1 | 16.0 | 333 | 146.3% |
| Malaysia | 40.9 | 90.5 | 74.9 | 330 | 100.6% |
| Indonesia | 58.4 | 14.4 | 25.2 | 117 | 26.1% |
| Honduras | 52.9 | 58.7 | 75.0 | N/A | 19.1% |
| Others | 198 | 268 | 346 | 96.4 | -21.3% |
| Total | 1,436 | 1,400 | 2,552 | 5,182 | 53.4% |
Top Suppliers of Glycerol to the Dominican Republic in 2022:
- Brazil (1498.2 tons)
- Colombia (303.0 tons)
- United States (156.9 tons)
- Malaysia (140.0 tons)
- Germany (130.3 tons)
- Indonesia (40.0 tons)
Glycerol Exports in the Dominican Republic
In 2022, approx. 36 tons of glycerol were exported from the Dominican Republic; rising by 149% against 2021 figures. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, glycerol exports surged to $111K in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Glycerol in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 12.2 | 13.4 | 26.6 | 86.6 | 92.2% |
| Cuba | N/A | N/A | N/A | 21.2 | 0% |
| United States | N/A | 12.6 | N/A | 3.0 | -51.2% |
| Others | N/A | 6.4 | N/A | N/A | 0% |
| Total | 12.2 | 32.4 | 26.6 | 111 | 108.8% |
Top Export Markets for Glycerol from the Dominican Republic in 2022:
- Haiti (29.9 tons)
- Cuba (6.0 tons)
- United States (0.3 tons)
This report provides an in-depth analysis of the glycerol market in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20142360 - Glycerol (including synthetic, excluding crude, waters and lyes)
- Prodcom 20411000 - Glycerol (glycerine), crude, glycerol waters and glycerol lyes
Country coverage:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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