Dominican Republic - Compound Plasticisers For Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCompound Plasticisers Price in the Dominican Republic - 2023
Contents:
- Compound Plasticisers Price in the Dominican Republic (CIF) - 2023
- Compound Plasticisers Price in the Dominican Republic (FOB) - 2022
- Compound Plasticisers Imports in the Dominican Republic
- Compound Plasticisers Exports in the Dominican Republic
Compound Plasticisers Price in the Dominican Republic (CIF) - 2023
In March 2023, the average compound plasticisers import price amounted to $2,404 per ton, with an increase of 13% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 395% m-o-m. As a result, import price attained the peak level of $18,749 per ton. From January 2023 to March 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($6,347 per ton), while the price for South Korea totaled $1,594 per ton.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Compound Plasticisers Price in the Dominican Republic (FOB) - 2022
In 2022, the average compound plasticisers export price amounted to $2,403 per ton, shrinking by -3.5% against the previous year. Over the period under review, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2015 an increase of 113%. As a result, the export price attained the peak level of $3,816 per ton. From 2016 to 2022, the average export prices remained at a somewhat 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 Trinidad and Tobago amounted to +28.4% per year.
Compound Plasticisers Imports in the Dominican Republic
In 2022, after three years of growth, there was decline in supplies from abroad of compound plasticisers for rubber or plastics, when their volume decreased by -1.3% to 1.5K tons. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 19%.
In value terms, compound plasticisers imports declined significantly to $2.5M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 53%. As a result, imports attained the peak of $3M, and then fell dramatically in the following year.
Import of Compound Plasticisers in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 433 | 354 | 1,443 | 1,189 | 40.0% |
South Korea | 1,238 | 1,363 | 1,132 | 1,004 | -6.7% |
China | 105 | 110 | 245 | 202 | 24.4% |
Others | 58.7 | 148 | 211 | 108 | 22.5% |
Total | 1,834 | 1,976 | 3,031 | 2,503 | 10.9% |
Top Suppliers of Compound Plasticisers to the Dominican Republic in 2022:
- South Korea (747.3 tons)
- United States (628.5 tons)
- China (111.6 tons)
Compound Plasticisers Exports in the Dominican Republic
In 2022, after three years of growth, there was significant decline in overseas shipments of compound plasticisers for rubber or plastics, when their volume decreased by -20.2% to 5.8 tons. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 68%. As a result, the exports attained the peak of 7.3 tons, and then contracted notably in the following year.
In value terms, compound plasticisers exports contracted rapidly to $14K in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 85%. As a result, the exports attained the peak of $18K, and then shrank rapidly in the following year.
Export of Compound Plasticisers in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | 0.6 | 9.5 | 0.5 | 14.0 | 185.8% |
Vietnam | N/A | N/A | 11.8 | N/A | 0% |
Trinidad and Tobago | 4.7 | N/A | 6.0 | N/A | 13.0% |
Others | N/A | 0.3 | N/A | N/A | 0% |
Total | 5.3 | 9.8 | 18.2 | 14.0 | 38.2% |
Top Export Markets for Compound Plasticisers from the Dominican Republic in 2022:
- Haiti (5.8 tons)
This report provides an in-depth analysis of the compound plasticisers 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 20595640 - Compound plasticisers for rubber or plastics
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
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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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