Dominican Republic - Prepared Additives For Mineral Oils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLubricant Additives Price in the Dominican Republic - 2023
Contents:
- Lubricant Additives Price in the Dominican Republic (CIF) - 2022
- Lubricant Additives Price in the Dominican Republic (FOB) - 2022
- Lubricant Additives Imports in the Dominican Republic
- Lubricant Additives Exports in the Dominican Republic
Lubricant Additives Price in the Dominican Republic (CIF) - 2022
In 2022, the average lubricant additives import price amounted to $3,807 per ton, increasing by 16% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 30%. As a result, import price attained the peak level of $4,060 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
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 the United States ($5,179 per ton), while the price for Nicaragua ($1,750 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 (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Lubricant Additives Price in the Dominican Republic (FOB) - 2022
In 2022, the average lubricant additives export price amounted to $3,043 per ton, surging by 2.1% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 84%. Over the period under review, the average export prices attained the peak figure at $8,322 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6,573 per ton), while the average price for exports to Mexico ($345 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 (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Lubricant Additives Imports in the Dominican Republic
Lubricant additives imports into the Dominican Republic reduced markedly to 2.3K tons in 2022, declining by -45% against 2021. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 300% against the previous year. As a result, imports reached the peak of 4.3K tons, and then dropped sharply in the following year.
In value terms, lubricant additives imports declined dramatically to $8.9M in 2022. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 263%. As a result, imports attained the peak of $14M, and then plummeted in the following year.
| Import of Lubricant Additives in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.6 | 2.3 | 9.1 | 4.8 | 22.7% |
| France | 0.4 | 0.3 | 1.2 | 1.2 | 44.2% |
| Germany | 0.4 | 0.2 | 0.6 | 1.0 | 35.7% |
| China | 0.2 | 0.1 | 0.5 | 0.5 | 35.7% |
| Nicaragua | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| Mexico | 0.6 | 0.3 | 1.1 | 0.2 | -30.7% |
| Belgium | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Others | 0.4 | 0.4 | 1.2 | 0.9 | 31.0% |
| Total | 4.8 | 3.9 | 14.0 | 8.9 | 22.9% |
Top Suppliers of Lubricant Additives to the Dominican Republic in 2022:
- United States (921.0 tons)
- France (382.9 tons)
- Germany (339.6 tons)
- China (182.5 tons)
- Nicaragua (157.1 tons)
- Mexico (88.2 tons)
- Belgium (38.7 tons)
Lubricant Additives Exports in the Dominican Republic
In 2022, after three years of growth, there was significant decline in overseas shipments of prepared additives for mineral oils, when their volume decreased by -18.9% to 33 tons. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 117%.
In value terms, lubricant additives exports dropped sharply to $101K in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 62% against the previous year.
| Export of Lubricant Additives in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 7.1 | 28.7 | 31.8 | 28.4 | 58.7% |
| United States | 16.1 | 17.2 | 14.5 | 24.8 | 15.5% |
| Jamaica | 6.4 | 11.9 | 27.6 | 24.6 | 56.6% |
| Aruba | 0.3 | 5.3 | 6.1 | 5.4 | 162.1% |
| Panama | 3.3 | 7.2 | 6.6 | 4.7 | 12.5% |
| Costa Rica | 0.5 | 2.6 | 3.4 | 3.5 | 91.3% |
| Mexico | N/A | 0.1 | 1.9 | 1.7 | 312.3% |
| British Virgin Islands | 13.6 | 0.9 | N/A | N/A | -93.4% |
| Vietnam | N/A | N/A | 19.5 | N/A | 0% |
| Others | 2.2 | 6.4 | 10.9 | 8.1 | 54.4% |
| Total | 49.5 | 80.3 | 122 | 101 | 26.8% |
Top Export Markets for Lubricant Additives from the Dominican Republic in 2022:
- Haiti (8.4 tons)
- Jamaica (7.8 tons)
- Mexico (4.8 tons)
- Panama (3.9 tons)
- United States (3.8 tons)
- Costa Rica (2.3 tons)
- Aruba (1.2 tons)
This report provides an in-depth analysis of the lubricant additives 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 20594250 - Anti-knock preparations
- Prodcom 20594270 - Additives for lubricating oils
- Prodcom 20594290 - Additives for mineral oils or for other liquids used for the same purpose as mineral oils (including gasoline) (excluding anti-knock preparations, additives for lubricating oils)
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.
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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
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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
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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
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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
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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
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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
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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
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This report provides an in-depth analysis of the lubricant additives market in the Dominican Republic.
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This report provides an in-depth analysis of the global lubricating oil additive market.
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This report provides an in-depth analysis of the lubricant additives market in the Dominican Republic.
296
This report provides an in-depth analysis of the lubricating oil additive market in the Dominican Republic.
197
This report provides an in-depth analysis of the anti-knock preparations market in the Dominican Republic.
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This report provides an in-depth analysis of the global lubricant additives market.
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