Price for Dyes; Pigments and Preparations Based Thereon in the Dominican Republic - 2023
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in the Dominican Republic (CIF) - 2022
- Price for Dyes; Pigments and Preparations Based Thereon in the Dominican Republic (FOB) - 2022
- Imports of Dyes; Pigments and Preparations Based Thereon in the Dominican Republic
- Exports of Dyes; Pigments and Preparations Based Thereon in the Dominican Republic
Price for Dyes; Pigments and Preparations Based Thereon in the Dominican Republic (CIF) - 2022
In 2022, the average import price for dyes; pigments and preparations based therea amounted to $10,409 per ton, increasing by 26% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 46% against the previous year. The import price peaked at $11,101 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Germany ($14,958 per ton), while the price for Colombia ($1,238 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in the Dominican Republic (FOB) - 2022
In 2022, the average export price for dyes; pigments and preparations based therea amounted to $8,484 per ton, increasing by 36% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 43% against the previous year. The export price peaked at $11,815 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($12,181 per ton), while the average price for exports to Barbados ($2,300 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 (+34.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dyes; Pigments and Preparations Based Thereon in the Dominican Republic
In 2022, imports of dyes; pigments and preparations based therea into the Dominican Republic contracted slightly to 555 tons, leveling off at 2021. Overall, imports saw a precipitous shrinkage.
In value terms, imports of dyes; pigments and preparations based therea soared to $5.8M in 2022. In general, imports saw a deep contraction.
| Import of Dyes; Pigments and Preparations Based Thereon in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 386 | 474 | 710 | 1,022 | 38.3% |
| United States | 1,588 | 1,464 | 1,358 | 962 | -15.4% |
| Germany | 235 | 219 | 550 | 776 | 48.9% |
| China | 2,435 | 951 | 287 | 479 | -41.8% |
| Spain | 133 | 48.1 | 185 | 469 | 52.2% |
| Brazil | 740 | 398 | 247 | 433 | -16.4% |
| Guatemala | 30.8 | 128 | 280 | 429 | 140.6% |
| Israel | 48.1 | 151 | 146 | 353 | 94.3% |
| India | 491 | 202 | 474 | 325 | -12.9% |
| Colombia | 397 | 276 | 43.3 | 29.3 | -58.1% |
| Others | 388 | 237 | 311 | 501 | 8.9% |
| Total | 6,872 | 4,548 | 4,592 | 5,778 | -5.6% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to the Dominican Republic in 2022:
- United States (90.8 tons)
- Mexico (79.3 tons)
- Germany (51.9 tons)
- Israel (51.5 tons)
- Guatemala (48.4 tons)
- Brazil (46.1 tons)
- China (45.8 tons)
- Spain (40.7 tons)
- India (38.9 tons)
- Colombia (23.6 tons)
Exports of Dyes; Pigments and Preparations Based Thereon in the Dominican Republic
After three years of growth, shipments abroad of dyes; pigments and preparations based therea decreased by -26.7% to 17 tons in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 347% against the previous year. As a result, the exports attained the peak of 23 tons, and then shrank markedly in the following year.
In value terms, exports of dyes; pigments and preparations based therea reduced modestly to $142K in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 282% against the previous year. As a result, the exports attained the peak of $143K, leveling off in the following year.
| Export of Dyes; Pigments and Preparations Based Thereon in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 32.1 | 16.3 | 51.1 | 57.4 | 21.4% |
| Jamaica | 3.9 | 8.3 | 86.0 | 49.8 | 133.7% |
| Costa Rica | N/A | 1.9 | N/A | 21.7 | 238.0% |
| Saint Lucia | N/A | N/A | N/A | 6.0 | 0% |
| Suriname | N/A | N/A | N/A | 4.0 | 0% |
| Barbados | N/A | 3.7 | 3.2 | 2.3 | -21.2% |
| United States | N/A | 5.9 | N/A | N/A | 0% |
| Honduras | 11.3 | N/A | N/A | N/A | 0% |
| Others | 11.1 | 1.4 | 2.5 | 1.2 | -52.4% |
| Total | 58.4 | 37.4 | 143 | 142 | 34.5% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from the Dominican Republic in 2022:
- Jamaica (7.3 tons)
- Haiti (4.7 tons)
- Costa Rica (2.0 tons)
- Saint Lucia (1.3 tons)
- Barbados (1.0 tons)
- Suriname (0.4 tons)
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