Dominican Republic - Synthetic Organic Coloring Matter And Pigments - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrganic Pigments Price in the Dominican Republic - 2023
Contents:
- Organic Pigments Price in the Dominican Republic (CIF) - 2022
- Organic Pigments Price in the Dominican Republic (FOB) - 2022
- Organic Pigments Imports in the Dominican Republic
- Organic Pigments Exports in the Dominican Republic
Organic Pigments Price in the Dominican Republic (CIF) - 2022
In 2021, the average organic pigments import price amounted to $4,794 per ton, reducing by -19.3% against the previous year. Overall, the import price faced a sharp reduction. The pace of growth appeared the most rapid in 2014 an increase of 16% against the previous year. As a result, import price reached the peak level of $196,900 per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Mexico ($22,356 per ton), while the price for Colombia ($4,074 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Organic Pigments Price in the Dominican Republic (FOB) - 2022
The average organic pigments export price stood at $3,530 per ton in 2021, with a decrease of -28.8% against the previous year. Over the period under review, the export price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2017 an increase of 73% against the previous year. Over the period under review, the average export prices hit record highs at $9,545 per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jamaica ($12,753 per ton), while the average price for exports to Vietnam ($3,182 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+33.4%), while the prices for the other major destinations experienced more modest paces of growth.
Organic Pigments Imports in the Dominican Republic
In 2022, the amount of synthetic organic coloring matter and pigments imported into the Dominican Republic shrank dramatically to 5.6K tons, which is down by -20.5% on the year before. Overall, total imports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +2.0% 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 +38.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 74% against the previous year. As a result, imports reached the peak of 7K tons, and then shrank significantly in the following year.
In value terms, organic pigments imports skyrocketed to $40M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.2% 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 +68.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 40% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Organic Pigments in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | 5.4 | 4.1 | 11.5 | 45.9% | |
| India | 15.3 | 7.1 | 8.2 | -26.8% | |
| Honduras | N/A | 1.4 | 2.5 | 78.6% | |
| Mexico | 2.7 | 2.8 | 2.3 | -7.7% | |
| Italy | 0.9 | 0.9 | 1.5 | 29.1% | |
| China | 1.1 | 1.6 | 1.5 | 16.8% | |
| Germany | 1.0 | 0.9 | 1.5 | 22.5% | |
| Colombia | 0.9 | 0.7 | 0.8 | -5.7% | |
| Spain | 0.6 | 0.5 | 0.8 | 15.5% | |
| Guatemala | 0.5 | 1.0 | 0.7 | 18.3% | |
| Brazil | 1.1 | 0.7 | 0.6 | -26.1% | |
| Taiwan (Chinese) | 0.6 | 0.6 | N/A | 0.0% | |
| Others | 2.7 | 1.8 | 1.8 | -18.4% | |
| Total | 32.7 | 24.0 | 33.7 | 1.5% | |
Top Suppliers of Organic Pigments to the Dominican Republic in 2022:
- United States (2153.4 tons)
- India (1326.7 tons)
- Honduras (436.9 tons)
- Colombia (186.3 tons)
- Brazil (151.7 tons)
- Germany (150.9 tons)
- China (144.8 tons)
- Italy (132.0 tons)
- Mexico (102.2 tons)
- Spain (95.2 tons)
- Guatemala (86.8 tons)
Organic Pigments Exports in the Dominican Republic
In 2022, approx. 24 tons of synthetic organic coloring matter and pigments were exported from the Dominican Republic; shrinking by -94.8% on the year before. In general, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 532%. As a result, the exports attained the peak of 460 tons, and then shrank markedly in the following year.
In value terms, organic pigments exports fell significantly to $68K in 2022. Overall, exports continue to indicate a significant contraction. The growth pace was the most rapid in 2021 when exports increased by 350%. As a result, the exports reached the peak of $1.6M, and then shrank markedly in the following year.
| Export of Organic Pigments in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | 260 | 219 | 800 | 75.4% | |
| Haiti | 0.6 | 7.1 | 153 | 1496.9% | |
| Mexico | 2.4 | N/A | 137 | 655.5% | |
| Vietnam | N/A | N/A | 90.2 | 0% | |
| Jamaica | 86.0 | 6.8 | 86.4 | 0.2% | |
| El Salvador | 1.0 | N/A | 65.1 | 706.8% | |
| Honduras | 123 | N/A | 54.6 | -33.4% | |
| Costa Rica | 4.6 | 21.9 | 13.4 | 70.7% | |
| Guatemala | 163 | 49.0 | 2.5 | -87.6% | |
| Austria | 24.4 | N/A | N/A | 0% | |
| Others | 13.9 | 56.6 | 221 | 298.7% | |
| Total | 678 | 360 | 1,623 | 54.7% | |
Top Export Markets for Organic Pigments from the Dominican Republic in 2022:
- United States (133.8 tons)
- Vietnam (28.3 tons)
- Haiti (25.4 tons)
- Mexico (18.5 tons)
- El Salvador (11.2 tons)
- Honduras (9.4 tons)
- Jamaica (6.8 tons)
- Costa Rica (6.0 tons)
- Guatemala (0.1 tons)
This report provides an in-depth analysis of the organic pigments 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 20122110 - Disperse dyes and preparations based thereon
- Prodcom 20122120 - Acid and mordant dyes and preparations based thereon
- Prodcom 20122130 - Basic dyes and preparations based thereon
- Prodcom 20122140 - Direct dyes and preparations based thereon
- Prodcom 20122150 - Other synthetic organic colouring matters
- Prodcom 20122160 - Synthetic organic products used as fluorescent brightening agents
- Prodcom 20122170 - Colour lakes, preparations based on colour lakes
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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