Price for Phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphates in the Dominican Republic - 2023
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the Dominican Republic (CIF) - 2023
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the Dominican Republic (FOB) - 2023
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the Dominican Republic
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the Dominican Republic
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the Dominican Republic (CIF) - 2023
The average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $1,362 per ton in March 2023, rising by 27% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 372% m-o-m. As a result, import price attained the peak level of $6,195 per ton. From October 2022 to March 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,029 per ton), while the price for Tunisia ($987 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Russia (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the Dominican Republic (FOB) - 2023
In March 2023, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $936 per ton, dropping by -3.5% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2022 an increase of 37% m-o-m. As a result, the export price attained the peak level of $1,186 per ton. From May 2022 to March 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Trinidad and Tobago ($1,201 per ton), while the average price for exports to Venezuela ($732 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the Dominican Republic
In 2022, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses into the Dominican Republic surged to 26K tons, growing by 54% against the year before. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $33M in 2022. Overall, imports recorded prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.6 | 4.2 | 3.4 | 15.4 | 40.1% |
| United States | 6.2 | 4.2 | 1.2 | 7.5 | 6.6% |
| Tunisia | 1.9 | 1.4 | 3.2 | 5.1 | 39.0% |
| Russia | 2.5 | 0.9 | 2.5 | 1.9 | -8.7% |
| Kazakhstan | 2.7 | 4.0 | 3.0 | 1.0 | -28.2% |
| Mexico | 0.1 | 0.1 | 0.8 | 0.5 | 71.0% |
| Peru | 0.6 | 0.6 | 0.4 | N/A | -18.4% |
| Others | 1.2 | 1.0 | 1.1 | 1.2 | 0.0% |
| Total | 20.8 | 16.2 | 15.7 | 32.8 | 16.4% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to the Dominican Republic in 2022:
- China (12.9K tons)
- United States (5.7K tons)
- Tunisia (3.9K tons)
- Russia (1.6K tons)
- Kazakhstan (0.9K tons)
- Mexico (0.5K tons)
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the Dominican Republic
In 2022, shipments abroad of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses decreased by -24.4% to 7.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 263% against the previous year. As a result, the exports attained the peak of 9.4K tons, and then dropped rapidly in the following year.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses skyrocketed to $7.6M in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 319% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 13.7 | 356 | 3,518 | 4,077 | 567.6% |
| Panama | 730 | 681 | 1,609 | 1,769 | 34.3% |
| Trinidad and Tobago | 211 | 201 | 238 | 522 | 35.2% |
| Costa Rica | N/A | N/A | 369 | 365 | -1.1% |
| Guyana | N/A | N/A | 295 | 292 | -1.0% |
| Jamaica | 169 | 115 | 14.5 | 283 | 18.7% |
| United States | 36.1 | 64.3 | 183 | 135 | 55.2% |
| Others | 59.8 | 81.8 | 50.5 | 141 | 33.1% |
| Total | 1,220 | 1,498 | 6,277 | 7,584 | 83.9% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from the Dominican Republic in 2022:
- Venezuela (3825.0 tons)
- Panama (1710.0 tons)
- Trinidad and Tobago (443.0 tons)
- Costa Rica (344.0 tons)
- Jamaica (276.0 tons)
- Guyana (260.0 tons)
- United States (119.8 tons)
263
This report provides an in-depth analysis of the dicalcium phosphate market in the Dominican Republic.
229
This report provides an in-depth analysis of the sodium phosphates market in the Dominican Republic.
268
This report provides an in-depth analysis of the phosphinates and phosphonates market in the Dominican Republic.
277
This report provides an in-depth analysis of the sodium triphosphate market in the Dominican Republic.
126
This report provides an in-depth analysis of the market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) in the Dominican Republic.
1429
This report provides an in-depth analysis of the global dicalcium phosphate market.
638
This report provides an in-depth analysis of the global sodium phosphates market.
585
This report provides an in-depth analysis of the global phosphinates and phosphonates market.
582
This report provides an in-depth analysis of the global sodium triphosphate market.
140
This report provides an in-depth analysis of the global market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate).
857
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...
1304
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...
857
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...
1304
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...
