Dominican Republic - Bentonite - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 11, 2024

Dominican Republic - Bentonite - Market Analysis, Forecast, Size, Trends And Insights

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Bentonite Price in the Dominican Republic - 2023

Contents:

  1. Bentonite Price in the Dominican Republic (CIF) - 2022
  2. Bentonite Price in the Dominican Republic (FOB) - 2022
  3. Bentonite Imports in the Dominican Republic
  4. Bentonite Exports in the Dominican Republic

Bentonite Price in the Dominican Republic (CIF) - 2022

In 2022, the average bentonite import price amounted to $247 per ton, reducing by -35.4% against the previous year. Over the period under review, the import price recorded a mild decline. The growth pace was the most rapid in 2021 when the average import price increased by 52%. As a result, import price attained the peak level of $382 per ton, and then dropped markedly in the following year.

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 Germany ($906 per ton), while the price for Egypt ($119 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Bentonite Price in the Dominican Republic (FOB) - 2022

The average bentonite export price stood at $1,096 per ton in 2022, declining by -3.5% against the previous year. Over the period under review, the export price recorded a perceptible descent. The pace of growth was the most pronounced in 2021 an increase of 28% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,648 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($4,188 per ton), while the average price for exports to the United States ($379 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 Trinidad and Tobago (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.

Bentonite Imports in the Dominican Republic

In 2022, the amount of bentonite imported into the Dominican Republic reached 744 tons, therefore, remained relatively stable against the year before. In general, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 5.3%. As a result, imports reached the peak of 933 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, bentonite imports fell remarkably to $183K in 2022. Overall, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports attained the peak of $282K, and then dropped significantly in the following year.

Import of Bentonite in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt40.320.255.841.61.1%
United States67.310513629.2-24.3%
Brazil0.91.16.528.2215.3%
Mexico6.024.819.713.230.1%
Netherlands3.415.512.012.052.3%
Germany9.219.43.68.9-1.1%
Argentina2.310.27.66.339.9%
China3.311.66.94.510.9%
Italy1.97.44.93.522.6%
Others82.318.328.736.0-24.1%
Total217234282183-5.5%

Top Suppliers of Bentonite to the Dominican Republic in 2022:

  1. Egypt (351.1 tons)
  2. Netherlands (61.6 tons)
  3. Mexico (57.2 tons)
  4. United States (48.6 tons)
  5. Brazil (33.9 tons)
  6. Argentina (32.0 tons)
  7. Italy (24.1 tons)
  8. China (17.8 tons)
  9. Germany (9.9 tons)

Bentonite Exports in the Dominican Republic

In 2022, shipments abroad of bentonite decreased by -40.5% to 28 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 426%. As a result, the exports attained the peak of 47 tons, and then dropped sharply in the following year.

In value terms, bentonite exports reduced notably to $30K in 2022. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 576% against the previous year. As a result, the exports attained the peak of $53K, and then declined dramatically in the following year.

Export of Bentonite in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Trinidad and Tobago2.01.812.511.780.2%
United States2.02.48.07.555.4%
HaitiN/A0.86.66.1176.1%
Jamaica3.51.93.65.012.6%
SurinameN/AN/A8.5N/A0%
BoliviaN/AN/A7.8N/A0%
Others0.20.96.10.314.5%
Total7.77.853.130.558.2%

Top Export Markets for Bentonite from the Dominican Republic in 2022:

  1. United States (19.7 tons)
  2. Trinidad and Tobago (4.0 tons)
  3. Jamaica (2.3 tons)
  4. Haiti (1.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bentonite market 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 08122210 - Bentonite

Country coverage:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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