Price for Mineral Substances Not Elsewhere Specified or Included in the Dominican Republic - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in the Dominican Republic (FOB) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in the Dominican Republic (CIF) - 2022
- Exports of Mineral Substances Not Elsewhere Specified or Included in the Dominican Republic
- Imports of Mineral Substances Not Elsewhere Specified or Included in the Dominican Republic
Price for Mineral Substances Not Elsewhere Specified or Included in the Dominican Republic (FOB) - 2022
In 2022, the average export price for mineral substances not elsewhere specified or includeds amounted to $10,359 per ton, surging by 22% against the previous year. In general, the export price showed significant growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 1,489%. The export price peaked at $21,029 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($10,427 per ton), while the average price for exports to India totaled $5,982 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+53.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Mineral Substances Not Elsewhere Specified or Included in the Dominican Republic (CIF) - 2022
In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $1,037 per ton, picking up by 7.3% against the previous year. Over the period under review, the import price recorded moderate growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 130%. The import price peaked at $2,044 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Canada ($9,711 per ton), while the price for Spain ($683 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mineral Substances Not Elsewhere Specified or Included in the Dominican Republic
For the fourth consecutive year, the Dominican Republic recorded growth in shipments abroad of mineral substances not elsewhere specified or includeds, which increased by 30% to 63 tons in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 621%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of mineral substances not elsewhere specified or includeds soared to $657K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 323%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Export of Mineral Substances Not Elsewhere Specified or Included in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 47.9 | 4.1 | 349 | 652 | 138.8% |
| India | N/A | 44.3 | 62.4 | 4.3 | -68.8% |
| Others | 5.2 | 49.8 | 3.5 | 0.3 | -61.4% |
| Total | 53.1 | 98.1 | 415 | 657 | 131.3% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from the Dominican Republic in 2022:
- United States (62.5 tons)
- India (0.7 tons)
Imports of Mineral Substances Not Elsewhere Specified or Included in the Dominican Republic
Imports of mineral substances not elsewhere specified or includeds into the Dominican Republic skyrocketed to 605 tons in 2022, jumping by 47% against the previous year's figure. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +3.8% 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 +51.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of mineral substances not elsewhere specified or includeds soared to $628K in 2022. In general, imports saw strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Mineral Substances Not Elsewhere Specified or Included in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 29.3 | 22.7 | 40.3 | 224 | 97.0% |
| Spain | 62.8 | 17.4 | 199 | 162 | 37.1% |
| Belgium | 181 | 126 | 124 | 108 | -15.8% |
| Canada | 5.2 | 5.0 | 6.1 | 94.1 | 162.5% |
| China | 11.4 | N/A | N/A | 37.1 | 48.2% |
| Mexico | 169 | 136 | 16.7 | N/A | -68.6% |
| Others | 0.1 | 4.1 | 10.6 | 2.6 | 196.2% |
| Total | 459 | 311 | 397 | 628 | 11.0% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to the Dominican Republic in 2022:
- United States (262.0 tons)
- Spain (237.2 tons)
- Belgium (70.0 tons)
- China (26.3 tons)
- Canada (9.7 tons)
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