Price for Inorganic Acids; Other than Hydrogen Fluoride in the Dominican Republic - 2023
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in the Dominican Republic (CIF) - 2022
- Price for Inorganic Acids; Other than Hydrogen Fluoride in the Dominican Republic (FOB) - 2022
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in the Dominican Republic
- Exports of Inorganic Acids; Other than Hydrogen Fluoride in the Dominican Republic
Price for Inorganic Acids; Other than Hydrogen Fluoride in the Dominican Republic (CIF) - 2022
In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $2,655 per ton, jumping by 24% against the previous year. Over the period under review, the import price continues to indicate a prominent expansion. Over the period under review, average import prices attained the peak figure at $2,780 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($3,121 per ton) and the United States ($2,949 per ton), while the price for South Korea ($2,140 per ton) and China ($2,611 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inorganic Acids; Other than Hydrogen Fluoride in the Dominican Republic (FOB) - 2022
The average export price for inorganic acids; other than hydrogen fluorides stood at $3,404 per ton in 2021, growing by 124% against the previous year. Over the period under review, the export price saw prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Haiti.
From 2014 to 2021, the rate of growth in terms of prices for Haiti amounted to +119.6% per year.
Imports of Inorganic Acids; Other than Hydrogen Fluoride in the Dominican Republic
In 2022, the amount of inorganic acids; other than hydrogen fluorides imported into the Dominican Republic skyrocketed to 244 tons, with an increase of 81% on 2021. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 160%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of inorganic acids; other than hydrogen fluorides skyrocketed to $647K in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Inorganic Acids; Other than Hydrogen Fluoride in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 127 | 29.3 | 93.1 | 281 | 30.3% |
| South Korea | N/A | 19.8 | 111 | 184 | 204.8% |
| China | 9.8 | 10.5 | 11.3 | 144 | 144.9% |
| United States | 60.5 | 52.7 | 33.8 | 36.2 | -15.7% |
| United Kingdom | 62.0 | 28.7 | 36.3 | N/A | -23.5% |
| Others | 4.0 | 2.9 | 3.3 | 1.5 | -27.9% |
| Total | 263 | 144 | 289 | 647 | 35.0% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to the Dominican Republic in 2022:
- Netherlands (90.0 tons)
- South Korea (86.0 tons)
- China (55.1 tons)
- United States (12.3 tons)
Exports of Inorganic Acids; Other than Hydrogen Fluoride in the Dominican Republic
In 2021, the amount of inorganic acids; other than hydrogen fluorides exported from the Dominican Republic shrank significantly to 3.4 tons, with a decrease of -83.5% on the year before. Overall, exports saw a dramatic setback.
In value terms, exports of inorganic acids; other than hydrogen fluorides declined rapidly to $12K in 2021. Over the period under review, exports showed a sharp contraction.
| Export of Inorganic Acids; Other than Hydrogen Fluoride in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Haiti | 1.0 | 11.6 | 1060.0% | ||
| Trinidad and Tobago | 30.3 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 31.3 | 11.6 | -62.9% | ||
Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from the Dominican Republic in 2022:
- Haiti (3.4 tons)
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