Sulphates; of Aluminium Price in the Dominican Republic - 2023

Sulphates; of Aluminium Price in the Dominican Republic (CIF) - 2023

The average sulphates; of aluminium import price stood at $449 per ton in March 2023, remaining constant against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in July 2022 an increase of 28% against the previous month. As a result, import price attained the peak level of $634 per ton. From August 2022 to March 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In March 2023, the country with the highest price was Colombia ($475 per ton), while the price for Turkey ($367 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 Sweden (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Aluminium Price in the Dominican Republic (FOB) - 2022

In 2022, the average sulphates; of aluminium export price amounted to $412 per ton, picking up by 6.1% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 269%. Over the period under review, the average export prices attained the maximum at $2,516 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -24.2% per year.

Sulphates; of Aluminium Imports in the Dominican Republic

Sulphates; of aluminium imports into the Dominican Republic skyrocketed to 11K tons in 2022, rising by 55% against the previous year's figure. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphates; of aluminium imports soared to $6.1M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Sulphates; of Aluminium in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	116	145	558	1,868	152.5%
Colombia	594	567	685	1,829	45.5%
Peru	1,741	866	285	1,534	-4.1%
China	35.4	50.3	182	386	121.7%
Germany	3.4	3.2	3.1	140	245.3%
Mexico	38.0	42.5	59.8	134	52.2%
Sweden	17.3	96.8	110	134	97.9%
Ecuador	380	344	332	N/A	-6.5%
Venezuela	311	337	385	N/A	11.3%
Others	85.5	103	111	35.5	-25.4%
Total	3,321	2,556	2,710	6,059	22.2%

Top Suppliers of Sulphates; of Aluminium to the Dominican Republic in 2022:

Colombia (3.9K tons)
Peru (3.1K tons)
Turkey (3.0K tons)
China (0.6K tons)
Sweden (0.3K tons)
Germany (0.3K tons)
Mexico (0.2K tons)

Sulphates; of Aluminium Exports in the Dominican Republic

After three years of growth, shipments abroad of sulphates; of aluminia decreased by -73.7% to 79 tons in 2022. In general, exports recorded a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 100%. As a result, the exports reached the peak of 300 tons, and then reduced sharply in the following year.

In value terms, sulphates; of aluminium exports declined rapidly to $32K in 2022. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 99% against the previous year. As a result, the exports attained the peak of $116K, and then contracted markedly in the following year.