Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Dominican Republic - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Dominican Republic (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Dominican Republic (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Dominican Republic
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Dominican Republic
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Dominican Republic (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; formic acids stood at $1,054 per ton in 2022, which is down by -4.8% against the previous year. In general, the import price, however, showed a mild increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 264%. As a result, import price attained the peak level of $2,079 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,011 per ton), while the price for China ($650 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Dominican Republic (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; formic acids stood at $2,000 per ton in 2020, approximately mirroring the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked in 2020 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Haiti.
From 2019 to 2020, the rate of growth in terms of prices for Haiti amounted to 0.0% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Dominican Republic
Imports of acids; saturated acyclic monocarboxylic acids; formic acids into the Dominican Republic skyrocketed to 939 tons in 2022, increasing by 192% compared with the previous year. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; formic acids soared to $990K in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 85.3 | 71.9 | 122 | 367 | 62.6% |
Switzerland | N/A | N/A | N/A | 40.5 | 0% |
Spain | 13.0 | 3.5 | 30.1 | 31.1 | 33.7% |
United States | 38.0 | 28.7 | 25.8 | 18.3 | -21.6% |
Germany | 40.2 | 28.2 | 23.6 | 14.4 | -29.0% |
Others | 119 | 77.3 | 154 | 518 | 63.3% |
Total | 295 | 210 | 356 | 990 | 49.7% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid to the Dominican Republic in 2022:
- China (564.7 tons)
- Switzerland (21.8 tons)
- Spain (20.4 tons)
- Germany (11.5 tons)
- United States (9.1 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Dominican Republic
In 2020, the amount of acids; saturated acyclic monocarboxylic acids; formic acids exported from the Dominican Republic soared to 128 kg, jumping by 300% on 2019. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; formic acids soared to $256 in 2020. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in the Dominican Republic (USD) | |||
---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 |
Haiti | 64.0 | 128 | 100.0% |
Others | N/A | 128 | 0% |
Total | 64.0 | 256 | 300.0% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid from the Dominican Republic in 2022:
- Haiti (64.0 kg)
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