Dominican Republic - Hydrogen - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHydrogen Price in the Dominican Republic - 2023
Contents:
- Hydrogen Price in the Dominican Republic (FOB) - 2022
- Hydrogen Price in the Dominican Republic (CIF) - 2022
- Hydrogen Exports in the Dominican Republic
- Hydrogen Imports in the Dominican Republic
Hydrogen Price in the Dominican Republic (FOB) - 2022
In 2022, the average hydrogen export price amounted to $0.2 per cubic meter, dropping by -36.7% against the previous year. Over the period under review, the export price, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2021 when the average export price increased by 163% against the previous year. As a result, the export price reached the peak level of $0.2 per cubic meter, and then contracted significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turks and Caicos Islands ($0.3 per cubic meter), while the average price for exports to the United States stood at $0.1 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.0%).
Hydrogen Price in the Dominican Republic (CIF) - 2022
The average hydrogen import price stood at $0.6 per cubic meter in 2022, picking up by 27% against the previous year. In general, the import price recorded modest growth. The growth pace was the most rapid in 2020 when the average import price increased by 34%. The import price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.1% per year.
Hydrogen Exports in the Dominican Republic
In 2022, the amount of hydrogen exported from the Dominican Republic dropped dramatically to 28K cubic meters, which is down by -90.2% on 2021 figures. Overall, exports, however, saw a modest expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,671% against the previous year. As a result, the exports attained the peak of 290K cubic meters, and then declined sharply in the following year.
In value terms, hydrogen exports fell remarkably to $4.4K in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 7,177%. As a result, the exports reached the peak of $71K, and then reduced dramatically in the following year.
| Export of Hydrogen in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.7 | 0.8 | 0.1 | 2.6 | 54.9% |
| Turks and Caicos Islands | N/A | N/A | N/A | 1.8 | 0% |
| Colombia | N/A | N/A | 69.3 | N/A | 0% |
| Cuba | N/A | N/A | 1.8 | N/A | 0% |
| Others | 0.3 | 0.2 | N/A | N/A | -33.3% |
| Total | 1.0 | 1.0 | 71.2 | 4.4 | 63.9% |
Top Export Markets for Hydrogen from the Dominican Republic in 2022:
- United States (22.1K cubic meters)
- Turks and Caicos Islands (6.2K cubic meters)
Hydrogen Imports in the Dominican Republic
In 2022, purchases abroad of hydrogen was finally on the rise to reach 71K cubic meters after two years of decline. Over the period under review, imports, however, faced a dramatic descent. Over the period under review, imports attained the maximum at 372K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, hydrogen imports soared to $46K in 2022. In general, imports, however, recorded a sharp slump. Over the period under review, imports attained the peak figure at $119K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Hydrogen in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 119 | 66.6 | 4.4 | 45.9 | -27.2% |
| Others | N/A | N/A | 2.9 | N/A | 0% |
| Total | 119 | 66.6 | 7.3 | 45.9 | -27.2% |
Top Suppliers of Hydrogen to the Dominican Republic in 2022:
- United States (70.9K cubic meters)
This report provides an in-depth analysis of the hydrogen 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 20111150 - Hydrogen
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
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