Price for Waste, Parings and Scrap, of Plastics in the Dominican Republic - 2023

Contents:

1. Price for Waste, Parings and Scrap, of Plastics in the Dominican Republic (FOB) - 2022
2. Price for Waste, Parings and Scrap, of Plastics in the Dominican Republic (CIF) - 2023
3. Exports of Waste, Parings and Scrap, of Plastics in the Dominican Republic
4. Imports of Waste, Parings and Scrap, of Plastics in the Dominican Republic

Price for Waste, Parings and Scrap, of Plastics in the Dominican Republic (FOB) - 2022

In 2022, the average export price for waste, parings and scrap, of plasticses amounted to $697 per ton, growing by 30% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for waste, parings and scrap, of plasticses increased by +48.2% against 2020 indices. The growth pace was the most rapid in 2019 an increase of 43%. As a result, the export price reached the peak level of $787 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($1,216 per ton), while the average price for exports to Peru ($282 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 Russia (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Waste, Parings and Scrap, of Plastics in the Dominican Republic (CIF) - 2023

In March 2023, the average import price for waste, parings and scrap, of plasticses amounted to $573 per ton, picking up by 86% against the previous month. In general, import price indicated a temperate increase from March 2022 to March 2023: its price increased at an average monthly rate of +3.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, import price for waste, parings and scrap, of plasticses increased by +86.5% against February 2023 indices. The growth pace was the most rapid in April 2022 when the average import price increased by 90% m-o-m. As a result, import price attained the peak level of $731 per ton. From May 2022 to March 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($1,989 per ton), while the price for the United States totaled $502 per ton.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Waste, Parings and Scrap, of Plastics in the Dominican Republic

In 2022, approx. 23K tons of waste, parings and scrap, of plasticses were exported from the Dominican Republic; which is down by -5.2% compared with the previous year's figure. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. As a result, the exports attained the peak of 24K tons, and then declined in the following year.

In value terms, exports of waste, parings and scrap, of plasticses soared to $16M in 2022. Over the period under review, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Top Export Markets for Waste, Parings and Scrap, of Plastics from the Dominican Republic in 2022:

1. Honduras (6.9K tons)
2. United States (2.8K tons)
3. China (2.3K tons)
4. Mexico (1.7K tons)
5. Germany (1.5K tons)
6. Peru (1.0K tons)
7. Ecuador (1.0K tons)
8. Latvia (0.8K tons)
9. Belgium (0.8K tons)
10. Russia (0.7K tons)
11. Guatemala (0.6K tons)
12. Brazil (0.5K tons)
13. Italy (0.4K tons)

Imports of Waste, Parings and Scrap, of Plastics in the Dominican Republic

Imports of waste, parings and scrap, of plasticses into the Dominican Republic soared to 3K tons in 2022, surging by 79% compared with 2021. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of waste, parings and scrap, of plasticses surged to $1.3M in 2022. Over the period under review, imports posted a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Waste, Parings and Scrap, of Plastics to the Dominican Republic in 2022:

1. United States (2809.8 tons)
2. France (146.2 tons)

Source: IndexBox Market Intelligence Platform