Dominican Republic - Colouring Matter of Vegetable or Animal Origin - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDominican Republic: Market for Colouring Matter Of Vegetable Or Animal Origin 2024
Market Size for Colouring Matter Of Vegetable Or Animal Origin in the Dominican Republic
In 2023, the Dominican market for colouring matter of vegetable or animal origin increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, the total consumption indicated a prominent increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. As a result, consumption reached the peak level of $X. From 2019 to 2023, the growth of the market remained at a somewhat lower figure.
Production of Colouring Matter Of Vegetable Or Animal Origin in the Dominican Republic
In value terms, vegetable or animal colouring matter production reduced modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Vegetable or animal colouring matter production peaked at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.
Exports of Colouring Matter Of Vegetable Or Animal Origin
Exports from the Dominican Republic
Vegetable or animal colouring matter exports from the Dominican Republic shrank rapidly to X tons in 2023, waning by X% against 2022 figures. Overall, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports failed to regain momentum.
In value terms, vegetable or animal colouring matter exports contracted remarkably to $X in 2023. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.
Exports by Country
The United States (X tons) was the main destination for vegetable or animal colouring matter exports from the Dominican Republic, with a X% share of total exports. Moreover, vegetable or animal colouring matter exports to the United States exceeded the volume sent to the second major destination, Haiti (X tons), more than tenfold.
From 2012 to 2023, the average annual rate of growth in terms of volume to the United States amounted to X%.
In value terms, the United States ($X) remains the key foreign market for colouring matter of vegetable or animal origin exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by Haiti ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value to the United States totaled X%.
Export Prices by Country
The average export price for colouring matter of vegetable or animal origin stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The growth pace was the most rapid in 2021 an increase of X%. The export price peaked in 2023 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Haiti ($X per ton), while the average price for exports to the United States stood at $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (X%).
Imports of Colouring Matter Of Vegetable Or Animal Origin
Imports into the Dominican Republic
In 2023, supplies from abroad of colouring matter of vegetable or animal origin increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2018 when imports increased by X%. Imports peaked in 2023 and are likely to continue growth in the immediate term.
In value terms, vegetable or animal colouring matter imports surged to $X in 2023. In general, imports posted a prominent expansion. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in the immediate term.
Imports by Country
Cote d'Ivoire (X tons), Brazil (X tons) and Mexico (X tons) were the main suppliers of vegetable or animal colouring matter imports to the Dominican Republic, together accounting for X% of total imports.
From 2012 to 2023, the biggest increases were recorded for Brazil (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Mexico ($X) constituted the largest supplier of colouring matter of vegetable or animal origin to the Dominican Republic, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from Mexico stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Brazil (X% per year).
Import Prices by Country
The average import price for colouring matter of vegetable or animal origin stood at $X per ton in 2023, waning by X% against the previous year. Overall, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Cote d'Ivoire ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for vegetable or animal colouring matter in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20122270 - Colouring matter of vegetable or animal origin and preparations based thereon (including dyeing extracts) (excluding animal black)
Country coverage:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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