Dominican Republic - Ketones And Quinones - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Dominican Republic - Ketones And Quinones - Market Analysis, Forecast, Size, Trends and Insights

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Ketone and Quinone Price in the Dominican Republic - 2023

Contents:

  1. Ketone and Quinone Price in the Dominican Republic (CIF) - 2022
  2. Ketone and Quinone Price in the Dominican Republic (FOB) - 2022
  3. Ketone and Quinone Imports in the Dominican Republic
  4. Ketone and Quinone Exports in the Dominican Republic

Ketone and Quinone Price in the Dominican Republic (CIF) - 2022

The average ketone and quinone import price stood at $1,802 per ton in 2022, with an increase of 8.5% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 31% against the previous year. As a result, import price attained the peak level of $2,037 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,852 per ton), while the price for South Africa ($1,112 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Ketone and Quinone Price in the Dominican Republic (FOB) - 2022

The average ketone and quinone export price stood at $1,518 per ton in 2022, dropping by -20.6% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 45% against the previous year. Over the period under review, the average export prices reached the maximum at $2,051 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($6,145 per ton), while the average price for exports to Panama ($346 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 Costa Rica (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Ketone and Quinone Imports in the Dominican Republic

Ketone and quinone imports into the Dominican Republic contracted significantly to 3K tons in 2022, shrinking by -26.2% on the previous year's figure. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.5% 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 +23.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 67%. As a result, imports attained the peak of 4.1K tons, and then shrank notably in the following year.

In value terms, ketone and quinone imports dropped dramatically to $5.4M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.2% 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 +33.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. As a result, imports attained the peak of $6.8M, and then declined notably in the following year.

Import of Ketone and Quinone in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,8211,9602,1351,919-12.1%
Russia4523391,5281,14536.3%
Netherlands27822792769535.7%
Belgium14629882761961.8%
China11554539229336.6%
Spain2272453292462.7%
South Africa70.981.611994.910.2%
Others432387542430-0.2%
Total4,5424,0826,7995,4416.2%

Top Suppliers of Ketone and Quinone to the Dominican Republic in 2022:

  1. United States (1016.1 tons)
  2. Russia (668.6 tons)
  3. Netherlands (391.4 tons)
  4. Belgium (318.6 tons)
  5. Spain (213.0 tons)
  6. China (102.8 tons)
  7. South Africa (85.3 tons)

Ketone and Quinone Exports in the Dominican Republic

In 2022, approx. 96 tons of ketones and quinones were exported from the Dominican Republic; with an increase of 122% on the year before. In general, exports showed notable growth.

In value terms, ketone and quinone exports soared to $145K in 2022. Over the period under review, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 80%. As a result, the exports attained the peak of $208K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Ketone and Quinone in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guyana12.426.630.335.041.3%
United States27.948.65.134.16.9%
Jamaica46.070.06.525.4-18.0%
Guatemala9.317.514.516.721.5%
Trinidad and Tobago9.96.02.68.8-3.9%
Honduras2.95.34.24.717.5%
Panama1.11.71.21.22.9%
Others6.232.118.119.245.8%
Total11620882.51457.7%

Top Export Markets for Ketone and Quinone from the Dominican Republic in 2022:

  1. Guyana (25.7 tons)
  2. Jamaica (20.7 tons)
  3. Guatemala (16.6 tons)
  4. United States (13.8 tons)
  5. Trinidad and Tobago (8.6 tons)
  6. Panama (3.3 tons)
  7. Honduras (2.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ketone and quinone 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 20146211 - Acetone
  • Prodcom 20146213 - Butanone (methyl ethyl ketone)
  • Prodcom 20146215 - 4-Methylpentan-2-one (methyl isobutyl ketone)
  • Prodcom 20146219 - Acyclic ketones, without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), 4-methylpentan-2one (methyl isobutyl ketone))
  • Prodcom 20146231 - Camphor, aromatic ketones without other oxygen function, k etone-alcohols, ketone-aldehydes, ketone-phenols and ketones with other oxygen function
  • Prodcom 20146233 - Cyclohexanone and methylcyclohexanones
  • Prodcom 20146235 - Ionones and methylionones
  • Prodcom 20146239 - Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function (excluding camphor, cyclohexanone and methylcyclohexanones, ionones and methylionones)
  • Prodcom 20146260 - Quinones
  • Prodcom 20146270 - Halogenated, sulphonated, nitrated or nitrosated derivatives of ketones and quinones

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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