Dominican Republic: Market for Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives 2024

Market Size for Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives in the Dominican Republic

The Dominican market for aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives rose slightly to $X in 2023, surging by X% against the previous year. In general, the total consumption indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market reached the peak level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives in the Dominican Republic

In value terms, production of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives rose to $X in 2023 estimated in export price. Overall, the total production indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Production of peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives

Exports from the Dominican Republic

In 2022, exports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives from the Dominican Republic was estimated at X kg, stabilizing at 2021 figures. In general, exports continue to indicate a significant increase. The smallest decline of X% was in 2015. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives amounted to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The smallest decline of X% was in 2015. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

The UK (X kg) was the main destination for exports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives from the Dominican Republic, with a approx. X% share of total exports.

From 2014 to 2022, the average annual rate of growth in terms of volume to the UK was relatively modest.

From 2014 to 2022, the average annual growth rate of value to the UK was relatively modest.

Export Prices by Country

In 2022, the average export price for aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives amounted to $X per ton, surging by X% against the previous year. Overall, the export price saw resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2014 to 2022, the rate of growth in terms of prices for Guatemala amounted to X% per year.

Imports of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives

Imports into the Dominican Republic

Imports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives into the Dominican Republic skyrocketed to X kg in 2023, rising by X% against the year before. In general, imports, however, continue to indicate a precipitous decline. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, imports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives surged to $X in 2023. Overall, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, the United States (X kg) constituted the largest supplier of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives to the Dominican Republic, accounting for a X% share of total imports. Moreover, imports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives from the United States exceeded the figures recorded by the second-largest supplier, China (X kg), threefold. Germany (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

In value terms, the United States ($X) constituted the largest supplier of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives to the Dominican Republic, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

Import Prices by Country

In 2023, the average import price for aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives amounted to $X per ton, jumping by X% against the previous year. Overall, the import price recorded a buoyant increase. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform