Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Dominican Republic - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Dominican Republic (CIF) - 2022
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Dominican Republic (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Dominican Republic
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Dominican Republic
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Dominican Republic (CIF) - 2022
In 2022, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $4,618 per ton, with an increase of 31% against the previous year. In general, the import price enjoyed a buoyant increase. The pace of growth was the most pronounced in 2017 an increase of 46% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($10,738 per ton), while the price for Germany amounted to $4,527 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Dominican Republic (FOB) - 2022
The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $3,160 per ton in 2022, growing by 116% against the previous year. Overall, the export price showed a prominent increase. 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 Haiti.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.1% per year.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Dominican Republic
In 2022, after two years of decline, there was significant growth in overseas purchases of monophenols; phenol (hydroxybenzene) and its saltses, when their volume increased by 25% to 4.2 tons. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses soared to $19K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4.3 | 3.3 | 3.5 | 18.6 | 62.9% |
Belgium | 6.9 | 6.4 | 6.7 | N/A | -1.5% |
Others | 1.6 | 1.5 | 1.5 | 0.7 | -24.1% |
Total | 12.9 | 11.2 | 11.7 | 19.2 | 14.2% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to the Dominican Republic in 2022:
- Germany (4.1 tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Dominican Republic
For the third consecutive year, the Dominican Republic recorded decline in overseas shipments of monophenols; phenol (hydroxybenzene) and its saltses, which decreased by -25.9% to 430 kg in 2022. Overall, exports recorded a abrupt downturn. The smallest decline of -13.8% was in 2021.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses skyrocketed to $1.4K in 2022. In general, exports, however, enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Dominican Republic (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | N/A | N/A | N/A | 1,359 | 0% |
United States | 532 | 673 | 850 | N/A | 26.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 532 | 673 | 850 | 1,359 | 36.7% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from the Dominican Republic in 2022:
- Haiti (430.0 kg)
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