Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the Dominican Republic - 2023

Contents:

1. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the Dominican Republic (CIF) - 2023
2. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the Dominican Republic (FOB) - 2022
3. Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the Dominican Republic
4. Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the Dominican Republic

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the Dominican Republic (CIF) - 2023

In March 2023, the average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $1,139 per ton, rising by 29% against the previous month. In general, the import price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in November 2022 an increase of 112% month-to-month. As a result, import price attained the peak level of $3,798 per ton. From December 2022 to March 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Mexico ($3,106 per ton), while the price for China ($650 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 Mexico (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the Dominican Republic (FOB) - 2022

In 2022, the average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $2,118 per ton, surging by 14% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses increased by +69.9% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 39% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Guyana ($2,450 per ton), while the average price for exports to Honduras ($1,357 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 Haiti (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the Dominican Republic

Imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses into the Dominican Republic expanded markedly to 51K tons in 2022, increasing by 5.3% compared with the year before. The total import volume increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses rose to $81M in 2022. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 120% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to the Dominican Republic in 2022:

1. United States (27.9K tons)
2. China (12.3K tons)
3. Mexico (10.4K tons)

Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the Dominican Republic

In 2022, approx. 2.2K tons of polymers of vinyl chloride or of other halogenated olefins, in primary formses were exported from the Dominican Republic; shrinking by -17.5% on the previous year. In general, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 0.7%.

In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses reduced to $4.7M in 2022. Over the period under review, exports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 40% against the previous year.

Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from the Dominican Republic in 2022:

1. United States (799.9 tons)
2. Trinidad and Tobago (442.0 tons)
3. Haiti (431.7 tons)
4. Honduras (241.6 tons)
5. Venezuela (202.0 tons)
6. Suriname (76.8 tons)
7. Guyana (40.0 tons)
8. Cuba (2.5 tons)

Source: IndexBox Market Intelligence Platform