Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in the Dominican Republic - 2023
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in the Dominican Republic (CIF) - 2022
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in the Dominican Republic (FOB) - 2022
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in the Dominican Republic
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in the Dominican Republic
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in the Dominican Republic (CIF) - 2022
The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $607 per ton in 2022, increasing by 52% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for silicates; of sodium (excluding sodium metasilicates)s increased by +79.8% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,653 per ton), while the price for Egypt ($330 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in the Dominican Republic (FOB) - 2022
In 2022, the average export price for silicates; of sodium (excluding sodium metasilicates)s amounted to $56 per ton, which is down by -12.9% against the previous year. In general, the export price faced a abrupt slump. The pace of growth was the most pronounced in 2018 when the average export price increased by 10%. The export price peaked at $451 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 ($190 per ton), while the average price for exports to Aruba ($22 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 Haiti (-0.7%), while the prices for the other major destinations experienced a decline.
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in the Dominican Republic
In 2022, imports of silicates; of sodium (excluding sodium metasilicates)s into the Dominican Republic fell modestly to 4.1K tons, dropping by -3.2% on the previous year. Over the period under review, imports saw a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 12%.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s surged to $2.5M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 695 | 969 | 989 | 1,657 | 33.6% |
| China | 478 | 82.3 | 5.8 | 484 | 0.4% |
| Egypt | 463 | 140 | 35.1 | 257 | -17.8% |
| Colombia | 49.7 | N/A | 611 | 52.9 | 2.1% |
| Others | 41.6 | 72.8 | 34.3 | 19.8 | -21.9% |
| Total | 1,728 | 1,264 | 1,675 | 2,471 | 12.7% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to the Dominican Republic in 2022:
- Spain (2430.0 tons)
- Egypt (779.2 tons)
- China (760.2 tons)
- Colombia (84.0 tons)
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in the Dominican Republic
In 2022, approx. 22K tons of silicates; of sodium (excluding sodium metasilicates)s were exported from the Dominican Republic; jumping by 222% compared with 2021. In general, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 3,767%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s surged to $1.2M in 2022. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 478%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Sao Tome and Principe | N/A | N/A | 587 | 0% | |
| United States | 60.0 | 61.6 | 282 | 116.8% | |
| Turks and Caicos Islands | N/A | 162 | 245 | 51.2% | |
| Aruba | N/A | N/A | 119 | 0% | |
| British Virgin Islands | N/A | 216 | N/A | 0% | |
| Others | 16.1 | N/A | N/A | 0% | |
| Total | 76.1 | 440 | 1,232 | 302.4% | |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from the Dominican Republic in 2022:
- Sao Tome and Principe (9.6K tons)
- Turks and Caicos Islands (5.6K tons)
- Aruba (5.4K tons)
- United States (1.5K tons)
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