Price for Poly(Lactic Acid); in Primary Forms in the Dominican Republic - 2022

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in the Dominican Republic (CIF) - 2022
  2. Imports of Poly(Lactic Acid); in Primary Forms in the Dominican Republic

Price for Poly(Lactic Acid); in Primary Forms in the Dominican Republic (CIF) - 2022

The average import price for poly(lactic acid); in primary formses stood at $4,343 per ton in 2022, rising by 8.2% against the previous year. Overall, the import price recorded moderate growth. The most prominent rate of growth was recorded in 2018 an increase of 105%. As a result, import price attained the peak level of $7,328 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($4,482 per ton), while the price for the United States stood at $4,337 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.6%).

Imports of Poly(Lactic Acid); in Primary Forms in the Dominican Republic

In 2022, supplies from abroad of poly(lactic acid); in primary formses was finally on the rise to reach 577 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a precipitous decrease.

In value terms, poly(lactic acid); in primary forms imports soared to $2.5K in 2022. In general, imports, however, continue to indicate a sharp slump.

Import of Poly(Lactic Acid); in Primary Forms in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.52.71.52.4-28.3%
Spain0.90.50.30.1-51.9%
Others1.0N/AN/A0.1-53.6%
Total8.53.21.82.5-33.5%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to the Dominican Republic in 2022:

  1. United States (550.0 kg)
  2. Spain (14.0 kg)

Source: IndexBox Market Intelligence Platform

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