Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the Dominican Republic - 2023
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the Dominican Republic (FOB) - 2022
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the Dominican Republic (CIF) - 2022
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in the Dominican Republic
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in the Dominican Republic
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the Dominican Republic (FOB) - 2022
The average export price for colouring matter; ultramarine and preparations based therea stood at $5,587 per ton in 2022, jumping by 18% against the previous year. In general, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $5,656 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Haiti.
From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to +0.6% per year.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the Dominican Republic (CIF) - 2022
The average import price for colouring matter; ultramarine and preparations based therea stood at $4,143 per ton in 2022, surging by 26% against the previous year. In general, the import price recorded mild growth. The most prominent rate of growth was recorded in 2013 an increase of 30% against the previous year. As a result, import price attained the peak level of $4,906 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($4,587 per ton) and Brazil ($4,097 per ton), while the price for China ($3,110 per ton) and Colombia ($3,945 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in the Dominican Republic
In 2022, exports of colouring matter; ultramarine and preparations based therea from the Dominican Republic stood at 92 tons, therefore, remained relatively stable against 2021. The total export volume increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of colouring matter; ultramarine and preparations based therea soared to $515K in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +50.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 347 | 331 | 431 | 515 | 14.1% |
| Others | 4.1 | 11.0 | N/A | 0.3 | -58.2% |
| Total | 351 | 342 | 431 | 515 | 13.6% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from the Dominican Republic in 2022:
- Haiti (92.2 tons)
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in the Dominican Republic
In 2022, the amount of colouring matter; ultramarine and preparations based therea imported into the Dominican Republic surged to 77 tons, growing by 49% compared with the previous year's figure. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 97% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of colouring matter; ultramarine and preparations based therea skyrocketed to $317K in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 63.6 | 143 | 138 | 162 | 36.6% |
| Spain | 55.5 | 56.5 | N/A | 138 | 35.5% |
| China | 2.1 | 10.8 | 28.2 | 15.6 | 95.1% |
| Brazil | N/A | 7.5 | 1.8 | 2.2 | -45.8% |
| Others | 11.9 | 5.0 | N/A | N/A | -58.0% |
| Total | 133 | 222 | 168 | 317 | 33.6% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to the Dominican Republic in 2022:
- Colombia (41.0 tons)
- Spain (30.0 tons)
- China (5.0 tons)
- Brazil (0.5 tons)
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