Price for Alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives in the Dominican Republic - 2023

Contents:

1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the Dominican Republic (CIF) - 2022
2. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the Dominican Republic (FOB) - 2022
3. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the Dominican Republic
4. Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the Dominican Republic

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the Dominican Republic (CIF) - 2022

The average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $18,249 per ton in 2022, rising by 29% against the previous year. Over the period under review, the import price, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 107%. As a result, import price attained the peak level of $24,176 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($26,666 per ton), while the price for the United States ($4,592 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+36.7%), while the prices for the other major suppliers experienced a decline.

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the Dominican Republic (FOB) - 2022

The average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $3,278 per ton in 2022, with a decrease of -17.5% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The pace of growth was the most pronounced in 2014 when the average export price increased by 155%. As a result, the export price attained the peak level of $14,845 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($4,008 per ton), while the average price for exports to Turks and Caicos Islands ($1,179 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turks and Caicos Islands (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the Dominican Republic

Imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses into the Dominican Republic surged to 42 tons in 2022, increasing by 60% compared with the previous year's figure. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 117%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses skyrocketed to $771K in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to the Dominican Republic in 2022:

1. China (18.1 tons)
2. India (12.9 tons)
3. Netherlands (5.3 tons)
4. Germany (2.7 tons)
5. United States (2.6 tons)
6. Mexico (0.6 tons)
7. Spain (0.1 tons)

Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the Dominican Republic

For the fourth consecutive year, the Dominican Republic recorded growth in overseas shipments of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses, which increased by 238% to 16 tons in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses soared to $53K in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from the Dominican Republic in 2022:

1. United States (9.1 tons)
2. Haiti (2.7 tons)
3. Cuba (2.1 tons)
4. Turks and Caicos Islands (1.3 tons)
5. Venezuela (0.7 tons)

Source: IndexBox Market Intelligence Platform