Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the Dominican Republic - 2022
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the Dominican Republic (CIF) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the Dominican Republic
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the Dominican Republic (CIF) - 2022
The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $2,373 per ton in 2022, shrinking by -15.7% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds increased by +19.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 42% against the previous year. As a result, import price attained the peak level of $2,816 per ton, and then reduced notably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($12,000 per ton), while the price for the United States ($1,813 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the Dominican Republic
In 2022, the amount of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds imported into the Dominican Republic rose rapidly to 1.3 tons, surging by 7.3% on the previous year. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year. As a result, imports attained the peak of 1.4 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds dropped to $3.1K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.8% 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 +63.3% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 46% against the previous year.
Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the Dominican Republic (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 824 | 1,301 | 1,649 | 1,599 | 24.7% |
Netherlands | 677 | 962 | 1,097 | 957 | 12.2% |
United Kingdom | 107 | 142 | 312 | 254 | 33.4% |
Spain | 221 | 280 | 284 | 220 | -0.2% |
Others | 79.0 | 99.0 | 105 | 86.0 | 2.9% |
Total | 1,908 | 2,784 | 3,447 | 3,116 | 17.8% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to the Dominican Republic in 2022:
- United States (882.0 kg)
- Netherlands (273.0 kg)
- Spain (99.0 kg)
- United Kingdom (51.0 kg)
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