Price for Lustres; Liquid Lustres and Similar Preparations in the Dominican Republic - 2023

Contents:

  1. Price for Lustres; Liquid Lustres and Similar Preparations in the Dominican Republic (FOB) - 2022
  2. Price for Lustres; Liquid Lustres and Similar Preparations in the Dominican Republic (CIF) - 2022
  3. Exports of Lustres; Liquid Lustres and Similar Preparations in the Dominican Republic
  4. Imports of Lustres; Liquid Lustres and Similar Preparations in the Dominican Republic

Price for Lustres; Liquid Lustres and Similar Preparations in the Dominican Republic (FOB) - 2022

In 2022, the average export price for lustres; liquid lustres and similar preparationses amounted to $2,420 per ton, waning by -79.6% against the previous year. In general, the export price faced a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 13,765% against the previous year. As a result, the export price attained the peak level of $459,000 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Haiti.

From 2015 to 2022, the rate of growth in terms of prices for Haiti amounted to -5.0% per year.

Price for Lustres; Liquid Lustres and Similar Preparations in the Dominican Republic (CIF) - 2022

In 2022, the average import price for lustres; liquid lustres and similar preparationses amounted to $8,051 per ton, declining by -8.3% against the previous year. In general, the import price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 54% against the previous year. Over the period under review, average import prices attained the peak figure at $9,563 per ton in 2020; however, from 2021 to 2022, import prices stood 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 ($8,178 per ton), while the price for Spain totaled $4,876 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Lustres; Liquid Lustres and Similar Preparations in the Dominican Republic

For the third consecutive year, the Dominican Republic recorded growth in shipments abroad of lustres; liquid lustres and similar preparationses, which increased by 30,924% to 78 tons in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of lustres; liquid lustres and similar preparationses surged to $188K in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Lustres; Liquid Lustres and Similar Preparations in the Dominican Republic (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Haiti0.40.61882067.9%
Turks and Caicos IslandsN/AN/A0.20%
OthersN/A2.4N/A0%
Total0.43.01882067.9%

Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from the Dominican Republic in 2022:

  1. Haiti (77.6 tons)
  2. Turks and Caicos Islands (0.2 tons)

Imports of Lustres; Liquid Lustres and Similar Preparations in the Dominican Republic

In 2022, approx. 5.4 tons of lustres; liquid lustres and similar preparationses were imported into the Dominican Republic; remaining stable against the previous year. Overall, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 228% against the previous year. As a result, imports attained the peak of 5.4 tons, leveling off in the following year.

In value terms, imports of lustres; liquid lustres and similar preparationses dropped to $44K in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 201% against the previous year. As a result, imports attained the peak of $48K, and then dropped in the following year.

Import of Lustres; Liquid Lustres and Similar Preparations in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.16.633.642.290.5%
Spain1.10.70.61.22.9%
China0.50.31.1N/A48.3%
Panama4.74.77.6N/A27.2%
Others2.73.64.80.2-58.0%
Total15.115.847.743.642.4%

Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to the Dominican Republic in 2022:

  1. United States (5.2 tons)
  2. Spain (0.3 tons)

Source: IndexBox Market Intelligence Platform

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