Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the Dominican Republic - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the Dominican Republic (CIF) - 2023
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the Dominican Republic (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the Dominican Republic
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the Dominican Republic
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the Dominican Republic (CIF) - 2023
In February 2023, the average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $1,464 per ton, falling by -17.5% against the previous month. Overall, the import price continues to indicate a pronounced reduction. Over the period under review, average import prices attained the maximum at $2,606 per ton in April 2022; however, from May 2022 to February 2023, import prices stood 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 February 2022 to February 2023, the rate of growth in terms of prices for the United States amounted to -2.0% per month.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the Dominican Republic (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $1,312 per ton in 2020, jumping by 34% against the previous year. In general, the export price, however, continues to indicate a abrupt descent. Over the period under review, the average export prices hit record highs at $2,310 per ton in 2014; however, from 2015 to 2020, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Venezuela.
From 2014 to 2020, the rate of growth in terms of prices for Venezuela amounted to -9.0% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the Dominican Republic
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates decreased by -27.3% to 577 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. As a result, imports reached the peak of 793 tons, and then fell rapidly in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates contracted sharply to $1.2M in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 163%. As a result, imports reached the peak of $1.4M, and then shrank rapidly in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 414 | 197 | 599 | 1,165 | 41.2% |
| South Korea | N/A | 130 | 642 | N/A | 393.8% |
| Belgium | N/A | 61.8 | N/A | N/A | 0% |
| Sweden | N/A | N/A | 144 | N/A | 0% |
| Taiwan (Chinese) | N/A | 74.8 | N/A | N/A | 0% |
| Netherlands | N/A | 61.9 | N/A | N/A | 0% |
| Others | 1.1 | 1.8 | 0.9 | N/A | -9.5% |
| Total | 415 | 527 | 1,386 | 1,165 | 41.1% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to the Dominican Republic in 2022:
- United States (576.7 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the Dominican Republic
In 2020, the amount of acids; saturated acyclic monocarboxylic acids; vinyl acetates exported from the Dominican Republic contracted dramatically to 12 tons, which is down by -79.7% on 2019. Overall, exports recorded a dramatic setback.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates shrank markedly to $16K in 2020. In general, exports saw a dramatic setback.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Venezuela | N/A | 16.0 | 0% | ||
| Guatemala | 58.8 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 58.8 | 16.0 | -72.8% | ||
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate from the Dominican Republic in 2022:
- Venezuela (12.2 tons)
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