Price for Sodium Sulphates; Disodium Sulphate in the Dominican Republic - 2023

Contents:

  1. Price for Sodium Sulphates; Disodium Sulphate in the Dominican Republic (CIF) - 2022
  2. Price for Sodium Sulphates; Disodium Sulphate in the Dominican Republic (FOB) - 2022
  3. Imports of Sodium Sulphates; Disodium Sulphate in the Dominican Republic
  4. Exports of Sodium Sulphates; Disodium Sulphate in the Dominican Republic

Price for Sodium Sulphates; Disodium Sulphate in the Dominican Republic (CIF) - 2022

The average sodium sulphates; disodium sulphate import price stood at $257 per ton in 2022, with an increase of 33% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sodium sulphates; disodium sulphate import price increased by +66.4% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Sweden ($320 per ton) and Spain ($277 per ton), while the price for Russia ($231 per ton) and the United States ($239 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+88.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sodium Sulphates; Disodium Sulphate in the Dominican Republic (FOB) - 2022

The average sodium sulphates; disodium sulphate export price stood at $429 per ton in 2022, growing by 50% against the previous year. Over the period under review, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 51% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Suriname ($525 per ton), while the average price for exports to Trinidad and Tobago ($397 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 Suriname (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sodium Sulphates; Disodium Sulphate in the Dominican Republic

In 2022, after three years of growth, there was decline in purchases abroad of sodium sulphates; disodium sulphates, when their volume decreased by -3.5% to 33K tons. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. As a result, imports attained the peak of 34K tons, and then contracted modestly in the following year.

In value terms, sodium sulphates; disodium sulphate imports soared to $8.4M in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 74%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Sodium Sulphates; Disodium Sulphate in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.61.21.33.529.8%
Spain2.82.34.53.02.3%
United StatesN/AN/A0.11.0900.0%
AustriaN/A0.10.20.4100.0%
RussiaN/AN/A0.20.350.0%
SwedenN/AN/A0.10.2100.0%
Others0.10.20.20.10.0%
Total4.53.86.68.423.1%

Top Suppliers of Sodium Sulphates; Disodium Sulphate to the Dominican Republic in 2022:

  1. China (14.1K tons)
  2. Spain (10.9K tons)
  3. United States (4.0K tons)
  4. Russia (1.5K tons)
  5. Austria (1.4K tons)
  6. Sweden (0.5K tons)

Exports of Sodium Sulphates; Disodium Sulphate in the Dominican Republic

In 2022, shipments abroad of sodium sulphates; disodium sulphates was finally on the rise to reach 591 tons after two years of decline. Over the period under review, exports, however, saw a sharp curtailment.

In value terms, sodium sulphates; disodium sulphate exports skyrocketed to $254K in 2022. Overall, exports, however, showed a abrupt slump.

Export of Sodium Sulphates; Disodium Sulphate in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti12935.7N/A18212.2%
SurinameN/AN/AN/A42.50%
Trinidad and Tobago160N/AN/A28.6-43.7%
Jamaica13.2N/AN/AN/A0%
Others0.2N/AN/AN/A0%
Total30335.7N/A254-5.7%

Top Export Markets for Sodium Sulphates; Disodium Sulphate from the Dominican Republic in 2022:

  1. Haiti (437.6 tons)
  2. Suriname (81.0 tons)
  3. Trinidad and Tobago (72.0 tons)

Source: IndexBox Market Intelligence Platform

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