Report Update May 1, 2024

Dominican Republic - Silicates, Commercial Alkali Metal Silicates - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Silicates Market 2024

Silicates Market Size in the Dominican Republic

The Dominican silicates market skyrocketed to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption showed a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Silicates Production in the Dominican Republic

In value terms, silicates production totaled $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. Over the period under review, production reached the peak level in 2022 and is expected to retain growth in the near future.

Silicates Exports

Exports from the Dominican Republic

In 2022, overseas shipments of silicates, commercial alkali metal silicates increased by X% to X tons, rising for the third consecutive year after three years of decline. In general, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by X,400%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, silicates exports surged to $X in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by X,050% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Sao Tome and Principe (X tons), Turks and Caicos Islands (X tons) and Aruba (X tons) were the main destinations of silicates exports from the Dominican Republic, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turks and Caicos Islands (with a CAGR of X.2%), while the other leaders experienced more modest paces of growth.

In value terms, Sao Tome and Principe ($X) emerged as the key foreign market for silicates, commercial alkali metal silicates exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Turks and Caicos Islands, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Sao Tome and Principe was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Turks and Caicos Islands (X% per year).

Export Prices by Country

The average silicates export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price saw a deep slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 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 the United States ($X per ton), while the average price for exports to Aruba ($X 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 Haiti (X%), while the prices for the other major destinations experienced a decline.

Silicates Imports

Imports into the Dominican Republic

In 2022, approx. X tons of silicates, commercial alkali metal silicates were imported into the Dominican Republic; surging by X% compared with 2021. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, silicates imports surged to $X in 2022. In general, imports enjoyed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Colombia (X tons) and Spain (X tons) were the main suppliers of silicates imports to the Dominican Republic, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest silicates suppliers to the Dominican Republic were China ($X), the United States ($X) and Spain ($X), with a combined X% share of total imports.

Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average silicates import price amounted to $X per ton, surging by X% against the previous year. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silicates, commercial alkali metal silicates in the world?

China remains the largest silicates consuming country worldwide, comprising approx. 24% of total volume. Moreover, silicates consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was taken by India, with a 6.9% share.

What are the largest producers of silicates, commercial alkali metal silicates in the world?

China constituted the country with the largest volume of silicates production, comprising approx. 27% of total volume. Moreover, silicates production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. India ranked third in terms of total production with a 5.1% share.

What are the leading suppliers of silicates, commercial alkali metal silicates to the Dominican Republic?

In value terms, the largest silicates suppliers to the Dominican Republic were China, the United States and Spain, with a combined 69% share of total imports.

What are the leading importers of silicates, commercial alkali metal silicates from the Dominican Republic?

In value terms, Sao Tome and Principe emerged as the key foreign market for silicates, commercial alkali metal silicates exports from the Dominican Republic, comprising 47% of total exports. The second position in the ranking was taken by the United States, with a 23% share of total exports. It was followed by Turks and Caicos Islands, with a 20% share.

What is the average export price for silicates, commercial alkali metal silicates in the Dominican Republic?

In 2022, the average silicates export price amounted to $58 per ton, reducing by -84.1% against the previous year.

What is the average import price for silicates, commercial alkali metal silicates in the Dominican Republic?

In 2022, the average silicates import price amounted to $726 per ton, with an increase of 51% against the previous year.

This report provides an in-depth analysis of the silicates 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 20136240 - Silicates, commercial alkali metal silicates

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023