Dominican Republic - Methanal (Formaldehyde) - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingFormaldehyde Price in the Dominican Republic - 2023
Contents:
- Formaldehyde Price in the Dominican Republic (CIF) - 2022
- Formaldehyde Price in the Dominican Republic (FOB) - 2022
- Formaldehyde Imports in the Dominican Republic
- Formaldehyde Exports in the Dominican Republic
Formaldehyde Price in the Dominican Republic (CIF) - 2022
The average formaldehyde import price stood at $928 per ton in 2022, jumping by 28% against the previous year. In general, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 34% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($1,000 per ton) and Belgium ($982 per ton), while the price for Spain ($825 per ton) and the Netherlands ($981 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Formaldehyde Price in the Dominican Republic (FOB) - 2022
In 2022, the average formaldehyde export price amounted to $1,654 per ton, growing by 31% against the previous year. In general, the export price showed a remarkable increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 181%. As a result, the export price attained the peak level of $2,269 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
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 Haiti amounted to +8.0% per year.
Formaldehyde Imports in the Dominican Republic
In 2022, supplies from abroad of formaldehyde was finally on the rise to reach 698 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, formaldehyde imports soared to $648K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.4% 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 +75.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Formaldehyde in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 266 | 249 | 235 | 329 | 7.3% |
| Belgium | 32.6 | 38.7 | 22.0 | 139 | 62.2% |
| Netherlands | 27.0 | N/A | 43.0 | 115 | 62.1% |
| India | 18.6 | 17.6 | 21.8 | 24.0 | 8.9% |
| Germany | 39.7 | 3.0 | 45.2 | N/A | 6.7% |
| Others | 16.6 | 62.0 | 44.0 | 40.8 | 35.0% |
| Total | 400 | 370 | 411 | 648 | 17.4% |
Top Suppliers of Formaldehyde to the Dominican Republic in 2022:
- Spain (398.4 tons)
- Belgium (142.0 tons)
- Netherlands (117.5 tons)
- India (24.0 tons)
Formaldehyde Exports in the Dominican Republic
Formaldehyde exports from the Dominican Republic soared to 14 tons in 2022, picking up by 67% against the year before. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 21,846%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, formaldehyde exports surged to $22K in 2022. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 25,468%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Formaldehyde in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 0.2 | N/A | 10.2 | 22.4 | 382.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.2 | N/A | 10.2 | 22.4 | 382.0% |
Top Export Markets for Formaldehyde from the Dominican Republic in 2022:
- Haiti (13.6 tons)
This report provides an in-depth analysis of the formaldehyde 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 20146111 - Methanal (formaldehyde)
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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
311
This report provides an in-depth analysis of the formaldehyde market in the Dominican Republic.
218
This report provides an in-depth analysis of the market for butanal butanal and acyclic aldehydes in the Dominican Republic.
212
This report provides an in-depth analysis of the aldehydes cyclic polymers market in the Dominican Republic.
227
This report provides an in-depth analysis of the ethanal market in the Dominican Republic.
249
This report provides an in-depth analysis of the paraformaldehyde market in the Dominican Republic.
68
This report provides an in-depth analysis of the market for benzaldehyde and other cyclic aldehydes in the Dominican Republic.
81
This report provides an in-depth analysis of the market for aldehyde-alcohols, aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function in the Dominican Republic.
869
This report provides an in-depth analysis of the global formaldehyde market.
563
This report provides an in-depth analysis of the global market for butanal butanal and acyclic aldehydes.
485
This report provides an in-depth analysis of the global aldehydes cyclic polymers market.
968
In value terms, aldehydes imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuatio...
1000
In value terms, halogenated, sulphonated, nitrated aldehydes imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ...
943
In value terms, aldehydes exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indicated...
621
In value terms, halogenated, sulphonated, nitrated aldehydes exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the tr...
968
In value terms, aldehydes imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuatio...
1000
In value terms, halogenated, sulphonated, nitrated aldehydes imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ...
943
In value terms, aldehydes exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indicated...
621
In value terms, halogenated, sulphonated, nitrated aldehydes exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the tr...
