Price for Phosphates; N.E.S in Item No. 2835.2 in the Dominican Republic - 2023
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in the Dominican Republic (CIF) - 2022
- Price for Phosphates; N.E.S in Item No. 2835.2 in the Dominican Republic (FOB) - 2022
- Imports of Phosphates; N.E.S in Item No. 2835.2 in the Dominican Republic
- Exports of Phosphates; N.E.S in Item No. 2835.2 in the Dominican Republic
Price for Phosphates; N.E.S in Item No. 2835.2 in the Dominican Republic (CIF) - 2022
The average import price for phosphates; n.e.s in item no. 2835.2s stood at $5,033 per ton in 2022, increasing by 23% against the previous year. Over the period under review, the import price posted a strong increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 89% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($7,560 per ton), while the price for Mexico ($1,597 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phosphates; N.E.S in Item No. 2835.2 in the Dominican Republic (FOB) - 2022
The average export price for phosphates; n.e.s in item no. 2835.2s stood at $5,600 per ton in 2022, growing by 638% against the previous year. In general, the export price saw a strong expansion. As a result, the export price attained 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 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to +7.3% per year.
Imports of Phosphates; N.E.S in Item No. 2835.2 in the Dominican Republic
In 2022, approx. 28 tons of phosphates; n.e.s in item no. 2835.2s were imported into the Dominican Republic; picking up by 51% compared with the previous year's figure. Overall, imports saw pronounced growth. The pace of growth was the most pronounced in 2020 when imports increased by 2,882%. As a result, imports reached the peak of 781 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of phosphates; n.e.s in item no. 2835.2s surged to $141K in 2022. In general, imports showed a resilient expansion. The pace of growth was the most pronounced in 2020 when imports increased by 1,852% against the previous year. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Phosphates; N.E.S in Item No. 2835.2 in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 5.2 | 123 | 9.0 | 55.5 | 120.2% |
| Germany | 14.6 | 173 | 11.7 | 37.3 | 36.7% |
| Italy | N/A | N/A | N/A | 34.7 | 0% |
| United States | 42.1 | 889 | 40.8 | 9.8 | -38.5% |
| China | 9.5 | 205 | 1.6 | 3.6 | -27.6% |
| Mexico | 3.4 | 68.0 | 3.0 | 0.1 | -69.1% |
| Spain | 4.1 | 91.0 | 4.4 | N/A | 3.6% |
| Others | 7.9 | 144 | 5.4 | N/A | -17.3% |
| Total | 86.7 | 1,693 | 75.9 | 141 | 17.6% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to the Dominican Republic in 2022:
- Germany (8.7 tons)
- Italy (7.7 tons)
- Colombia (7.3 tons)
- United States (3.7 tons)
- China (0.5 tons)
- Mexico (0.1 tons)
Exports of Phosphates; N.E.S in Item No. 2835.2 in the Dominican Republic
In 2022, after three years of growth, there was significant decline in overseas shipments of phosphates; n.e.s in item no. 2835.2s, when their volume decreased by -96.3% to 3.4 tons. Overall, exports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 109% against the previous year.
In value terms, exports of phosphates; n.e.s in item no. 2835.2s shrank markedly to $19K in 2022. Over the period under review, exports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 150% against the previous year.
| Export of Phosphates; N.E.S in Item No. 2835.2 in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 0.8 | 3.7 | 6.1 | 19.1 | 187.9% |
| Venezuela | 4.2 | 14.8 | 16.9 | N/A | 100.6% |
| Trinidad and Tobago | 6.6 | 11.8 | 10.4 | N/A | 25.5% |
| France | 1.3 | 2.8 | 2.9 | N/A | 49.4% |
| Panama | N/A | N/A | 32.7 | N/A | 0% |
| Others | 0.8 | 1.1 | 0.8 | N/A | 0.0% |
| Total | 13.7 | 34.2 | 69.8 | 19.1 | 11.7% |
Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from the Dominican Republic in 2022:
- Haiti (3.4 tons)
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
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In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
