Price for Lecithins and Other Phosphoaminolipids in the Dominican Republic - 2023
Contents:
- Price for Lecithins and Other Phosphoaminolipids in the Dominican Republic (CIF) - 2022
- Price for Lecithins and Other Phosphoaminolipids in the Dominican Republic (FOB) - 2022
- Imports of Lecithins and Other Phosphoaminolipids in the Dominican Republic
- Exports of Lecithins and Other Phosphoaminolipids in the Dominican Republic
Price for Lecithins and Other Phosphoaminolipids in the Dominican Republic (CIF) - 2022
The average lecithins and other phosphoaminolipids import price stood at $2,620 per ton in 2022, with an increase of 42% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Germany ($4,405 per ton), while the price for Argentina ($1,606 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Lecithins and Other Phosphoaminolipids in the Dominican Republic (FOB) - 2022
In 2022, the average lecithins and other phosphoaminolipids export price amounted to $3,071 per ton, rising by 4.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The pace of growth was the most pronounced in 2021 an increase of 27% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($3,252 per ton), while the average price for exports to the United States ($2,699 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 Barbados (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lecithins and Other Phosphoaminolipids in the Dominican Republic
In 2022, after three years of growth, there was significant decline in overseas purchases of lecithins and other phosphoaminolipidses, when their volume decreased by -22% to 310 tons. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 28% against the previous year.
In value terms, lecithins and other phosphoaminolipids imports expanded sharply to $811K in 2022. The total import value increased at an average annual rate of +13.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 21%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Lecithins and Other Phosphoaminolipids in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 340 | 267 | 336 | 441 | 9.1% |
| Germany | 138 | 251 | 217 | 176 | 8.4% |
| Brazil | 67.3 | 54.7 | 104 | 130 | 24.5% |
| Argentina | 15.6 | 100 | 54.3 | 54.0 | 51.3% |
| Others | 2.3 | 6.7 | 21.6 | 10.5 | 65.9% |
| Total | 563 | 681 | 733 | 811 | 12.9% |
Top Suppliers of Lecithins and Other Phosphoaminolipids to the Dominican Republic in 2022:
- United States (157.1 tons)
- Brazil (76.8 tons)
- Germany (40.0 tons)
- Argentina (33.6 tons)
Exports of Lecithins and Other Phosphoaminolipids in the Dominican Republic
In 2022, overseas shipments of lecithins and other phosphoaminolipidses decreased by -30.7% to 1.3 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 132% against the previous year. As a result, the exports reached the peak of 4.8 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, lecithins and other phosphoaminolipids exports contracted dramatically to $3.9K in 2022. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 119% against the previous year. As a result, the exports attained the peak of $11K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Lecithins and Other Phosphoaminolipids in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 1.7 | 0.2 | 0.1 | 1.5 | -4.1% |
| Barbados | 1.1 | N/A | N/A | 1.3 | 5.7% |
| United States | 2.2 | 6.1 | 5.2 | 1.1 | -20.6% |
| Guyana | N/A | 4.8 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 5.1 | 11.1 | 5.4 | 3.9 | -8.6% |
Top Export Markets for Lecithins and Other Phosphoaminolipids from the Dominican Republic in 2022:
- Haiti (448.0 kg)
- United States (418.0 kg)
- Barbados (408.0 kg)
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