Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the Dominican Republic - 2023

Contents:

1. Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the Dominican Republic (CIF) - 2022
2. Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the Dominican Republic (FOB) - 2022
3. Imports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the Dominican Republic
4. Exports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the Dominican Republic

Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the Dominican Republic (CIF) - 2022

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $571 per ton in 2022, jumping by 67% against the previous year. In general, the import price, however, continues to indicate a perceptible curtailment. Over the period under review, average import prices reached the maximum at $732 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($581 per ton), while the price for Trinidad and Tobago amounted to $340 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.3%).

Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the Dominican Republic (FOB) - 2022

The average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $238 per ton in 2022, waning by -52.5% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of 67% against the previous year. Over the period under review, the average export prices hit record highs at $1,186 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($647 per ton), while the average price for exports to Canada ($113 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 Panama (+3.3%).

Imports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the Dominican Republic

After three years of growth, purchases abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses decreased by -1.4% to 1.5M tons in 2022. The total import volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year.

In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses skyrocketed to $834M in 2022. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas to the Dominican Republic in 2022:

1. United States (1397.8K tons)
2. Trinidad and Tobago (64.7K tons)

Exports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the Dominican Republic

In 2022, approx. 331K tons of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses were exported from the Dominican Republic; picking up by 650% compared with 2021. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses skyrocketed to $79M in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas from the Dominican Republic in 2022:

1. Canada (240.1K tons)
2. Italy (43.5K tons)
3. Panama (26.5K tons)
4. France (19.0K tons)

Source: IndexBox Market Intelligence Platform