Dominican Republic - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 9, 2024

Dominican Republic - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights

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Monoethanolamine Price in the Dominican Republic - 2023

Contents:

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

Monoethanolamine Price in the Dominican Republic (CIF) - 2022

The average monoethanolamine import price stood at $2,974 per ton in 2022, increasing by 67% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monoethanolamine import price increased by +117.4% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Philippines ($3,280 per ton) and Thailand ($2,999 per ton), while the price for China ($2,539 per ton) and the United States ($2,721 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Monoethanolamine Price in the Dominican Republic (FOB) - 2022

In 2022, the average monoethanolamine export price amounted to $2,213 per ton, leveling off at the previous year. Over the period under review, the export price showed a noticeable slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 9.9% against the previous year. As a result, the export price attained the peak level of $3,220 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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 -2.8% per year.

Monoethanolamine Imports in the Dominican Republic

In 2022, imports of monoethanolamine and its salts into the Dominican Republic soared to 125 tons, rising by 760% on the year before. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, monoethanolamine imports surged to $373K in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Monoethanolamine in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PhilippinesN/AN/AN/A1680%
ThailandN/AN/AN/A76.80%
ChinaN/AN/AN/A66.60%
Belgium4.38.97.546.7121.5%
United States8.66.62.813.616.5%
India9.510.63.9N/A-35.9%
Taiwan (Chinese)4.77.75.2N/A5.2%
Netherlands6.713.43.3N/A-29.8%
Others3.85.63.40.9-38.1%
Total37.652.726.0373114.9%

Top Suppliers of Monoethanolamine to the Dominican Republic in 2022:

  1. Philippines (51.2 tons)
  2. China (26.3 tons)
  3. Thailand (25.6 tons)
  4. Belgium (17.0 tons)
  5. United States (5.0 tons)

Monoethanolamine Exports in the Dominican Republic

In 2022, the amount of monoethanolamine and its salts exported from the Dominican Republic declined markedly to 2.6 tons, shrinking by -36.8% on the previous year's figure. Over the period under review, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 278%. As a result, the exports reached the peak of 4.1 tons, and then shrank dramatically in the following year.

In value terms, monoethanolamine exports shrank remarkably to $5.7K in 2022. In general, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 288% against the previous year. As a result, the exports attained the peak of $9.1K, and then dropped remarkably in the following year.

Export of Monoethanolamine in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti4.22.39.15.710.7%
OthersN/AN/AN/AN/A0%
Total4.22.39.15.710.7%

Top Export Markets for Monoethanolamine from the Dominican Republic in 2022:

  1. Haiti (2.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the monoethanolamine 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 20144233 - Monoethanolamine and its salts

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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