Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the Dominican Republic - 2023

Contents:

  1. Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the Dominican Republic (CIF) - 2022
  2. Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the Dominican Republic (FOB) - 2022
  3. Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the Dominican Republic
  4. Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the Dominican Republic

Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the Dominican Republic (CIF) - 2022

The average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $7,433 per ton in 2022, growing by 7.4% against the previous year. In general, the import price saw perceptible growth. The growth pace was the most rapid in 2020 an increase of 44%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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 the United States ($8,696 per ton), while the price for Colombia ($3,041 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the Dominican Republic (FOB) - 2022

In 2022, the average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $6,941 per ton, flattening at the previous year. Over the period under review, the export price saw a perceptible downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 37%. Over the period under review, the average export prices attained the maximum at $13,169 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 Cuba ($29,882 per ton), while the average price for exports to Jamaica ($2,463 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 Cuba (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the Dominican Republic

Imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses into the Dominican Republic surged to 1.3K tons in 2022, growing by 24% against 2021. In general, imports showed a resilient expansion. The growth pace was the most rapid in 2020 when imports increased by 76%. As a result, imports attained the peak of 2K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses soared to $9.9M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 153% against the previous year. As a result, imports reached the peak of $12M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia2.15.34.36.646.5%
Thailand0.31.41.32.088.2%
China1.13.60.90.4-28.6%
United States0.91.20.60.3-30.7%
ColombiaN/A0.1N/A0.10.0%
Others0.60.90.30.5-5.9%
Total4.912.47.59.926.4%

Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to the Dominican Republic in 2022:

  1. Malaysia (820.3 tons)
  2. Thailand (296.0 tons)
  3. China (95.8 tons)
  4. United States (31.1 tons)
  5. Colombia (21.8 tons)

Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the Dominican Republic

In 2022, approx. 5.1 tons of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses were exported from the Dominican Republic; increasing by 14% against 2021. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 130%. As a result, the exports reached the peak of 6.8 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses rose rapidly to $36K in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 164%. As a result, the exports reached the peak of $40K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama5.617.913.515.640.7%
Cuba1.77.08.59.979.9%
Haiti4.25.83.54.0-1.6%
Venezuela0.20.12.02.4128.9%
United States2.95.01.82.2-8.8%
JamaicaN/A1.00.80.9-5.1%
Others0.53.01.20.66.3%
Total15.139.831.435.633.1%

Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from the Dominican Republic in 2022:

  1. Panama (3112.0 kg)
  2. United States (483.0 kg)
  3. Haiti (444.0 kg)
  4. Jamaica (358.0 kg)
  5. Cuba (330.0 kg)
  6. Venezuela (261.0 kg)

Source: IndexBox Market Intelligence Platform

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