Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Dominican Republic - 2023
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Dominican Republic (CIF) - 2022
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Dominican Republic (FOB) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Dominican Republic
- Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Dominican Republic
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Dominican Republic (CIF) - 2022
The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $2,658 per ton in 2022, growing by 55% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses increased by +126.3% 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 highest price was recorded for prices from the United States ($3,164 per ton) and Brazil ($2,747 per ton), while the price for South Korea ($2,346 per ton) and China ($2,572 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+56.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Dominican Republic (FOB) - 2022
The average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $2,370 per ton in 2022, remaining constant against the previous year. Over the period under review, the export price posted a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($2,419 per ton), while the average price for exports to France stood at $1,038 per ton.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+6.5%).
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Dominican Republic
Imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses into the Dominican Republic skyrocketed to 280 tons in 2022, jumping by 41% on the previous year. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 96%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses surged to $744K in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 187% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 64.0 | 23.4 | 63.3 | 308 | 68.8% |
| China | 69.5 | 17.5 | 82.0 | 185 | 38.6% |
| South Korea | N/A | N/A | 30.4 | 150 | 393.4% |
| United States | 66.7 | 45.7 | 66.2 | 101 | 14.8% |
| Russia | N/A | N/A | 33.0 | N/A | 0% |
| Netherlands | 29.6 | 32.5 | 52.5 | N/A | 33.2% |
| Others | N/A | N/A | 14.1 | N/A | 0% |
| Total | 230 | 119 | 342 | 744 | 47.9% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to the Dominican Republic in 2022:
- Brazil (112.0 tons)
- China (72.0 tons)
- South Korea (64.0 tons)
- United States (32.0 tons)
Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Dominican Republic
In 2022, shipments abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses decreased by -50% to 9 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a significant expansion.
In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses fell markedly to $21K in 2022. In general, exports, however, enjoyed a significant increase.
| Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | N/A | N/A | 37.8 | 21.0 | -44.4% |
| France | N/A | N/A | 4.8 | 0.3 | -93.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | N/A | 42.7 | 21.3 | -50.1% |
Top Export Markets for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts from the Dominican Republic in 2022:
- Guatemala (8.7 tons)
- France (0.3 tons)
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