Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in the Dominican Republic - 2022
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the Dominican Republic (CIF) - 2022
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the Dominican Republic
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the Dominican Republic (CIF) - 2022
In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $3,123 per ton, picking up by 2.1% against the previous year. Over the period under review, the import price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by 24% against the previous year. Over the period under review, average import prices hit record highs at $18,899 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 Germany ($12,727 per ton), while the price for China ($2,526 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-4.9%), while the prices for the other major suppliers experienced a decline.
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the Dominican Republic
For the fourth year in a row, the Dominican Republic recorded growth in purchases abroad of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves, which increased by 51% to 9.8 tons in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 525%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves surged to $31K in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 595%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 0.1 | 1.8 | 1.9 | 30.0 | 569.4% |
China | 0.8 | 0.6 | 5.7 | 0.2 | -37.0% |
Mexico | 1.4 | 14.3 | 8.9 | N/A | 152.1% |
Others | 0.8 | 4.8 | 3.3 | 0.6 | -9.1% |
Total | 3.1 | 21.4 | 19.9 | 30.7 | 114.7% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to the Dominican Republic in 2022:
- Spain (9.7 tons)
- China (0.1 tons)
This report provides an in-depth analysis of the phenols market in the Dominican Republic.
This report provides an in-depth analysis of the global phenols market.
Explore the top import markets for phenols, including China, India, Germany, and more. Key statistics and data from the IndexBox market intelligence platform.
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