Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the Dominican Republic - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the Dominican Republic (CIF) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the Dominican Republic (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the Dominican Republic
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the Dominican Republic

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the Dominican Republic (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $1,357 per ton in 2022, shrinking by -18.5% against the previous year. Over the period under review, the import price recorded a perceptible downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 49%. The import price peaked at $1,996 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($2,085 per ton), while the price for South Korea ($1,272 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the Dominican Republic (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $2,503 per ton in 2022, picking up by 21% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Jamaica ($5,928 per ton), while the average price for exports to Guatemala amounted to $2,267 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+2.6%).

Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the Dominican Republic

In 2022, purchases abroad of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses was finally on the rise to reach 86 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a precipitous decrease.

In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses skyrocketed to $117K in 2022. Overall, imports, however, showed a sharp shrinkage.

Import of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea55614522.187.5-46.0%
China19.427.53.914.5-9.2%
Taiwan (Chinese)84.419.92.79.7-51.4%
Colombia24.26.00.83.4-48.0%
Others7.67.70.52.1-34.9%
Total69220630.0117-44.7%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to the Dominican Republic in 2022:

  1. South Korea (68.8 tons)
  2. China (11.1 tons)
  3. Taiwan (Chinese) (4.7 tons)
  4. Colombia (1.6 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the Dominican Republic

In 2022, approx. 6.9 tons of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses were exported from the Dominican Republic; shrinking by -85.1% on the previous year's figure. Overall, exports saw a sharp descent. The smallest decline of -0.2% was in 2020.

In value terms, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses dropped rapidly to $17K in 2022. In general, exports recorded a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 3.5% against the previous year. As a result, the exports attained the peak of $95K, and then shrank significantly in the following year.

Export of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala90.692.295.414.6-45.6%
JamaicaN/AN/AN/A2.60%
OthersN/AN/AN/AN/A0%
Total90.692.295.417.3-42.4%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates from the Dominican Republic in 2022:

  1. Guatemala (6.5 tons)
  2. Jamaica (0.4 tons)

Source: IndexBox Market Intelligence Platform

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