Price for Sugars; Fructose, Chemically Pure, in Solid Form in the Dominican Republic - 2022

Contents:

1. Price for Sugars; Fructose, Chemically Pure, in Solid Form in the Dominican Republic (CIF) - 2022
2. Price for Sugars; Fructose, Chemically Pure, in Solid Form in the Dominican Republic (FOB) - 2022
3. Imports of Sugars; Fructose, Chemically Pure, in Solid Form in the Dominican Republic
4. Exports of Sugars; Fructose, Chemically Pure, in Solid Form in the Dominican Republic

Price for Sugars; Fructose, Chemically Pure, in Solid Form in the Dominican Republic (CIF) - 2022

In 2022, the average import price for sugars; fructose, chemically pure, in solid form amounted to $1,720 per ton, reducing by -36.6% against the previous year. In general, the import price, however, enjoyed a measured expansion. The growth pace was the most rapid in 2021 when the average import price increased by 153% against the previous year. As a result, import price attained the peak level of $2,715 per ton, and then declined significantly in the following year.

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 Finland ($8,949 per ton), while the price for Mexico ($692 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+22.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Sugars; Fructose, Chemically Pure, in Solid Form in the Dominican Republic (FOB) - 2022

The average export price for sugars; fructose, chemically pure, in solid form stood at $6,054 per ton in 2022, rising by 13% against the previous year. In general, export price indicated a prominent increase from 2013 to 2022: its price increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for sugars; fructose, chemically pure, in solid form increased by +80.1% against 2013 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2022, the rate of growth in terms of prices for Morocco amounted to 0.0% per year.

Imports of Sugars; Fructose, Chemically Pure, in Solid Form in the Dominican Republic

Imports of sugars; fructose, chemically pure, in solid form into the Dominican Republic surged to 45 tons in 2022, picking up by 245% against the previous year's figure. Over the period under review, imports showed a significant expansion.

In value terms, imports of sugars; fructose, chemically pure, in solid form soared to $78K in 2022. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 186% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to the Dominican Republic in 2022:

1. Mexico (25.6 tons)
2. China (11.4 tons)
3. United States (5.0 tons)
4. Finland (1.4 tons)
5. Germany (1.4 tons)
6. Spain (0.4 tons)
7. Israel (0.2 tons)

Exports of Sugars; Fructose, Chemically Pure, in Solid Form in the Dominican Republic

In 2022, the amount of sugars; fructose, chemically pure, in solid form exported from the Dominican Republic declined significantly to 1.1 tons, with a decrease of -19.9% against the previous year. Over the period under review, exports faced a abrupt shrinkage.

In value terms, exports of sugars; fructose, chemically pure, in solid form fell to $6.8K in 2022. Overall, exports continue to indicate a abrupt descent.

Top Export Markets for Sugars; Fructose, Chemically Pure, in Solid Form from the Dominican Republic in 2022:

1. Germany (1.1 tons)

Source: IndexBox Market Intelligence Platform