Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the Dominican Republic - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the Dominican Republic (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the Dominican Republic (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the Dominican Republic
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the Dominican Republic
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the Dominican Republic (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $2,377 per ton, growing by 2.7% against the previous year. In general, the import price enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2018 an increase of 59%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($2,639 per ton) and the United States ($2,508 per ton), while the price for the Netherlands ($2,190 per ton) and Germany ($2,213 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the Dominican Republic (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $3,700 per ton, picking up by 83% against the previous year. In general, the export price showed a perceptible expansion. As a result, the export price attained 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 Trinidad and Tobago.
From 2012 to 2022, the rate of growth in terms of prices for Trinidad and Tobago amounted to +5.5% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the Dominican Republic
In 2022, approx. 787 tons of acids; saturated acyclic monocarboxylic acids; n-butyl acetates were imported into the Dominican Republic; jumping by 28% compared with 2021 figures. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates surged to $1.9M in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 364 | 171 | 448 | 606 | 18.5% |
| Russia | 321 | 271 | 620 | 442 | 11.3% |
| United States | 191 | 438 | 208 | 414 | 29.4% |
| Netherlands | 55.9 | 40.8 | 47.2 | 226 | 59.3% |
| Germany | N/A | 26.2 | 0.9 | 112 | 106.8% |
| Brazil | N/A | N/A | 67.8 | 62.8 | -7.4% |
| Others | 44.6 | 3.8 | 25.9 | 9.2 | -40.9% |
| Total | 976 | 951 | 1,418 | 1,871 | 24.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to the Dominican Republic in 2022:
- China (272.0 tons)
- Russia (167.4 tons)
- United States (164.9 tons)
- Netherlands (103.1 tons)
- Germany (50.5 tons)
- Brazil (27.2 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the Dominican Republic
For the third consecutive year, the Dominican Republic recorded decline in overseas shipments of acids; saturated acyclic monocarboxylic acids; n-butyl acetates, which decreased by -95.7% to 720 kg in 2022. Overall, exports continue to indicate a dramatic setback. The smallest decline of -9% was in 2021.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates contracted dramatically to $2.7K in 2022. Over the period under review, exports showed a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 26%.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Trinidad and Tobago | 35.8 | 14.9 | 18.7 | 2.7 | -57.7% |
| Nicaragua | N/A | 5.1 | 6.4 | N/A | 25.5% |
| Honduras | 3.8 | 6.6 | N/A | N/A | 73.7% |
| Jamaica | 6.4 | N/A | 8.5 | N/A | 15.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 46.0 | 26.6 | 33.5 | 2.7 | -61.1% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from the Dominican Republic in 2022:
- Trinidad and Tobago (720.0 kg)
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