Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Dominican Republic - 2022
Contents:
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Dominican Republic (CIF) - 2022
- Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Dominican Republic
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Dominican Republic (CIF) - 2022
In 2022, the average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses amounted to $4,294 per ton, rising by 6.3% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 an increase of 78%. As a result, import price attained the peak level of $18,911 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -8.6% per year.
Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Dominican Republic
After three years of growth, overseas purchases of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses decreased by -17.6% to 3.2 tons in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 120%.
In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses contracted to $14K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.4% 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 +74.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 50%.
| Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.9 | 11.8 | 15.8 | 13.8 | 20.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.9 | 11.8 | 15.8 | 13.8 | 20.4% |
Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to the Dominican Republic in 2022:
- United States (3.2 tons)
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