Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the Dominican Republic - 2023

Contents:

1. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the Dominican Republic (CIF) - 2022
2. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the Dominican Republic (FOB) - 2022
3. Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the Dominican Republic
4. Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the Dominican Republic

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the Dominican Republic (CIF) - 2022

In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $4,939 per ton, growing by 57% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $5,220 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,925 per ton), while the price for Belgium ($1,752 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 (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the Dominican Republic (FOB) - 2022

In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $4,773 per ton, growing by 27% against the previous year. In general, the export price, however, continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2019 an increase of 102% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,116 per ton in 2012; however, from 2013 to 2022, the export prices stood 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 Jamaica amounted to +23.2% per year.

Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the Dominican Republic

In 2022, imports of colouring matter; pigments and preparations based on chromium compoundses into the Dominican Republic contracted to 186 tons, with a decrease of -6.5% compared with the previous year. Overall, imports, however, showed a mild expansion. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. As a result, imports attained the peak of 199 tons, and then contracted in the following year.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses skyrocketed to $918K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.7% 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 +59.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to the Dominican Republic in 2022:

1. Colombia (65.8 tons)
2. China (46.4 tons)
3. United States (43.8 tons)
4. Belgium (20.5 tons)
5. India (5.0 tons)
6. Canada (2.3 tons)

Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the Dominican Republic

In 2022, approx. 2.8 tons of colouring matter; pigments and preparations based on chromium compoundses were exported from the Dominican Republic; picking up by 13% on the year before. Over the period under review, exports, however, recorded a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 139%. As a result, the exports reached the peak of 15 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses soared to $14K in 2022. In general, exports, however, continue to indicate a sharp descent. The growth pace was the most rapid in 2020 with an increase of 161%. As a result, the exports attained the peak of $87K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from the Dominican Republic in 2022:

1. Haiti (2.8 tons)

Source: IndexBox Market Intelligence Platform