Dominican Republic - Polypropylene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Polypropylene in Primary Forms in the Dominican Republic - 2023
Contents:
- Price for Polypropylene in Primary Forms in the Dominican Republic (CIF) - 2023
- Price for Polypropylene in Primary Forms in the Dominican Republic (FOB) - 2022
- Imports of Polypropylene in Primary Forms in the Dominican Republic
- Exports of Polypropylene in Primary Forms in the Dominican Republic
Price for Polypropylene in Primary Forms in the Dominican Republic (CIF) - 2023
In March 2023, the average polypropylene in primary forms import price amounted to $1,246 per ton, increasing by 1.7% against the previous month. In general, the import price, however, saw a noticeable slump. The most prominent rate of growth was recorded in September 2022 an increase of 13% m-o-m. As a result, import price reached the peak level of $2,043 per ton. From October 2022 to March 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In March 2023, the countries with the highest prices were Colombia ($1,526 per ton) and Mexico ($1,412 per ton), while the price for the United States ($1,111 per ton) and Saudi Arabia ($1,181 per ton) were amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Colombia (-2.0%), while the prices for the other major suppliers experienced a decline.
Price for Polypropylene in Primary Forms in the Dominican Republic (FOB) - 2022
The average polypropylene in primary forms export price stood at $1,575 per ton in 2022, with an increase of 309% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,972 per ton), while the average price for exports to Guatemala ($400 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 Peru (+15.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Polypropylene in Primary Forms in the Dominican Republic
In 2022, the amount of polypropylene in primary forms imported into the Dominican Republic dropped dramatically to 26K tons, waning by -20.1% against 2021. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. As a result, imports reached the peak of 32K tons, and then fell rapidly in the following year.
In value terms, polypropylene in primary forms imports declined to $44M in 2022. Over the period under review, imports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 113% against the previous year. As a result, imports attained the peak of $49M, and then declined in the following year.
| Import of Polypropylene in Primary Forms in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 3.9 | 3.5 | 19.9 | 12.6 | 47.8% |
| Colombia | 8.9 | 6.8 | 11.5 | 10.3 | 5.0% |
| United States | 11.4 | 8.6 | 6.1 | 8.7 | -8.6% |
| China | 0.4 | 0.2 | 5.5 | 5.5 | 139.6% |
| Argentina | N/A | N/A | N/A | 1.9 | 0% |
| Mexico | 0.3 | 0.5 | 1.0 | 1.2 | 58.7% |
| South Africa | N/A | N/A | 0.1 | 1.2 | 1100.0% |
| Others | 2.8 | 3.6 | 5.4 | 3.0 | 2.3% |
| Total | 27.7 | 23.2 | 49.5 | 44.4 | 17.0% |
Top Suppliers of Polypropylene in Primary Forms to the Dominican Republic in 2022:
- Saudi Arabia (7.6K tons)
- United States (5.4K tons)
- Colombia (5.3K tons)
- China (3.3K tons)
- Argentina (1.1K tons)
- Mexico (0.8K tons)
- South Africa (0.7K tons)
Exports of Polypropylene in Primary Forms in the Dominican Republic
Polypropylene in primary forms exports from the Dominican Republic surged to 1.3K tons in 2022, with an increase of 122% compared with the previous year. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 135%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, polypropylene in primary forms exports surged to $2.1M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Polypropylene in Primary Forms in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | N/A | N/A | N/A | 1,912 | 0% |
| Haiti | 0.3 | N/A | 43.1 | 79.7 | 542.9% |
| United States | 1.2 | 26.2 | 31.4 | 49.3 | 245.1% |
| Peru | N/A | 5.6 | 28.0 | 28.9 | 127.2% |
| Spain | 95.3 | N/A | 4.8 | 15.9 | -44.9% |
| Guatemala | 26.8 | 19.3 | 18.3 | 13.2 | -21.0% |
| Ecuador | N/A | 18.0 | 104 | N/A | 477.8% |
| Uruguay | 35.8 | 5.7 | N/A | N/A | -84.1% |
| Others | 15.3 | 36.6 | 1.6 | 2.5 | -45.3% |
| Total | 175 | 112 | 231 | 2,102 | 129.0% |
Top Export Markets for Polypropylene in Primary Forms from the Dominican Republic in 2022:
- Venezuela (1162.8 tons)
- Peru (53.5 tons)
- Haiti (45.0 tons)
- Guatemala (33.0 tons)
- United States (25.0 tons)
- Spain (15.0 tons)
This report provides an in-depth analysis of the market for polypropylene in primary forms 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 20165130 - Polypropylene, in primary forms
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.
-
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
-
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
-
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
-
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
-
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
218
This report provides an in-depth analysis of the market for polypropylene in primary forms in the Dominican Republic.
75
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in the Dominican Republic.
920
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
32
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
218
This report provides an in-depth analysis of the market for polypropylene in primary forms in the Dominican Republic.
75
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in the Dominican Republic.
920
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
32
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
252
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
654
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
98
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
252
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
654
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
98
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
