Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Dominican Republic - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Dominican Republic (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Dominican Republic (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Dominican Republic
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Dominican Republic
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Dominican Republic (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical amounted to $559 per ton, rising by 7.3% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 85% against the previous year. The export price peaked at $607 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($559 per ton), while the average price for exports to Barbados amounted to $342 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.1%).
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Dominican Republic (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical amounted to $1,599 per ton, with an increase of 51% against the previous year. Over the period under review, the import price recorded a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($5,558 per ton), while the price for China ($379 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Dominican Republic
In 2022, after three years of growth, there was significant decline in overseas shipments of fertilizers, mineral or chemical, when their volume decreased by -13.6% to 1.8K tons. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 2,185%. As a result, the exports reached the peak of 2.1K tons, and then declined in the following year.
In value terms, exports of fertilizers, mineral or chemical declined to $1M in 2022. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 3,238% against the previous year. As a result, the exports attained the peak of $1.1M, and then fell in the following year.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.6 | 32.8 | 1,109 | 1,030 | 468.7% |
| Others | 0.2 | 0.6 | 5.7 | 3.3 | 154.6% |
| Total | 5.8 | 33.4 | 1,114 | 1,033 | 462.6% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from the Dominican Republic in 2022:
- United States (1842.3 tons)
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Dominican Republic
In 2022, overseas purchases of fertilizers, mineral or chemical were finally on the rise to reach 5.4 tons after two years of decline. In general, imports, however, recorded a precipitous slump.
In value terms, imports of fertilizers, mineral or chemical soared to $8.7K in 2022. Overall, imports, however, recorded a sharp setback.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 14.8 | 7.0 | 1.9 | 5.0 | -30.4% |
| Costa Rica | 8.6 | 3.9 | 1.0 | 2.5 | -33.8% |
| United States | 9.3 | 2.1 | 0.1 | 0.5 | -62.3% |
| Brazil | N/A | N/A | N/A | 0.2 | 0% |
| China | 0.2 | 0.1 | N/A | 0.1 | -20.6% |
| Guatemala | 3.3 | 11.7 | N/A | N/A | 254.5% |
| Morocco | 7.3 | N/A | N/A | N/A | 0% |
| Others | 4.2 | 0.9 | 0.4 | 0.4 | -54.3% |
| Total | 47.7 | 25.5 | 3.4 | 8.7 | -43.3% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to the Dominican Republic in 2022:
- Costa Rica (3583.0 kg)
- Mexico (1246.0 kg)
- United States (310.0 kg)
- China (140.0 kg)
- Brazil (86.0 kg)
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