Dominican Republic - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCyclic Hydrocarbons Price in the Dominican Republic - 2023
Contents:
- Cyclic Hydrocarbons Price in the Dominican Republic (CIF) - 2023
- Cyclic Hydrocarbons Price in the Dominican Republic (FOB) - 2023
- Cyclic Hydrocarbons Imports in the Dominican Republic
- Cyclic Hydrocarbons Exports in the Dominican Republic
Cyclic Hydrocarbons Price in the Dominican Republic (CIF) - 2023
In March 2023, the average cyclic hydrocarbons import price amounted to $1,488 per ton, rising by 12% against the previous month. Over the period under review, import price indicated a modest expansion from March 2022 to March 2023: its price increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, cyclic hydrocarbons import price decreased by -37.8% against January 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 73% m-o-m. As a result, import price reached the peak level of $2,394 per ton. From February 2023 to March 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,461 per ton), while the price for Colombia totaled $1,487 per ton.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Colombia (+1.5%), while the prices for the other major suppliers experienced a decline.
Cyclic Hydrocarbons Price in the Dominican Republic (FOB) - 2023
The average cyclic hydrocarbons export price stood at $1,559 per ton in March 2023, reducing by -2.1% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2022 an increase of 20% m-o-m. Over the period under review, the average export prices hit record highs at $2,390 per ton in October 2022; however, from November 2022 to March 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In March 2023, the country with the highest price was Jamaica ($1,626 per ton), while the average price for exports to the United States totaled $1,394 per ton.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Cyclic Hydrocarbons Imports in the Dominican Republic
In 2022, approx. 15K tons of cyclic hydrocarbons were imported into the Dominican Republic; stabilizing at the previous year. The total import volume increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. As a result, imports attained the peak of 15K tons, leveling off in the following year.
In value terms, cyclic hydrocarbons imports skyrocketed to $23M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 87%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Cyclic Hydrocarbons in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.0 | 3.7 | 7.6 | 9.8 | 25.1% |
| Spain | 2.8 | 2.9 | 5.7 | 8.5 | 44.8% |
| Colombia | 3.0 | 1.2 | 1.6 | 4.1 | 11.0% |
| Netherlands | 0.3 | 0.3 | 0.5 | 0.4 | 10.1% |
| Others | 0.4 | 0.4 | 0.4 | 0.6 | 14.5% |
| Total | 11.4 | 8.4 | 15.8 | 23.4 | 27.1% |
Top Suppliers of Cyclic Hydrocarbons to the Dominican Republic in 2022:
- United States (6.3K tons)
- Spain (5.6K tons)
- Colombia (2.8K tons)
- Netherlands (0.2K tons)
Cyclic Hydrocarbons Exports in the Dominican Republic
In 2022, cyclic hydrocarbons exports from the Dominican Republic skyrocketed to 1.4K tons, increasing by 44% on the previous year's figure. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 139% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, cyclic hydrocarbons exports soared to $2.5M in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 218% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Cyclic Hydrocarbons in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 257 | 194 | 444 | 935 | 53.8% |
| Jamaica | 19.7 | 14.3 | 429 | 766 | 238.8% |
| Trinidad and Tobago | 182 | 143 | 351 | 607 | 49.4% |
| Guyana | N/A | 27.2 | N/A | 109 | 100.2% |
| Others | 5.4 | 23.0 | 50.9 | 73.4 | 138.7% |
| Total | 465 | 401 | 1,275 | 2,490 | 75.0% |
Top Export Markets for Cyclic Hydrocarbons from the Dominican Republic in 2022:
- United States (478.0 tons)
- Jamaica (472.5 tons)
- Trinidad and Tobago (391.0 tons)
- Guyana (76.6 tons)
This report provides an in-depth analysis of the cyclic hydrocarbons market 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 20141213 - Cyclohexane
- Prodcom 20141215 - Cyclanes, cyclenes and cycloterpenes (excluding cyclohexane)
- Prodcom 20141223 - Benzene
- Prodcom 20141225 - Toluene
- Prodcom 20141243 - o-Xylene
- Prodcom 20141245 - p-Xylene
- Prodcom 20141247 - m-Xylene and mixed xylene isomers
- Prodcom 20141250 - Styrene
- Prodcom 20141260 - Ethylbenzene
- Prodcom 20141270 - Cumene
- Prodcom 20141290 - Other cyclic hydrocarbons
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
-
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
275
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2847
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