Price for Albumins; Albuminates and Other Albumin Derivatives in the Dominican Republic - 2022

Contents:

  1. Price for Albumins; Albuminates and Other Albumin Derivatives in the Dominican Republic (CIF) - 2022
  2. Imports of Albumins; Albuminates and Other Albumin Derivatives in the Dominican Republic

Price for Albumins; Albuminates and Other Albumin Derivatives in the Dominican Republic (CIF) - 2022

The average import price for albumins; albuminates and other albumin derivativeses stood at $14,748 per ton in 2022, increasing by 56% against the previous year. Over the period under review, the import price posted a resilient increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 87% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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 +12.8% per year.

Imports of Albumins; Albuminates and Other Albumin Derivatives in the Dominican Republic

In 2022, the amount of albumins; albuminates and other albumin derivativeses imported into the Dominican Republic surged to 37 tons, increasing by 59% against 2021. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 310%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of albumins; albuminates and other albumin derivativeses surged to $552K in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 390% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Albumins; Albuminates and Other Albumin Derivatives in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States54.524.5178547115.7%
China3.63.96.8N/A37.4%
Belgium9.87.910.4N/A3.0%
Germany3.43.67.2N/A45.5%
Panama3.73.96.9N/A36.6%
Netherlands10.21.513.3N/A14.2%
Others0.50.40.44.9114.0%
Total85.745.622355286.1%

Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to the Dominican Republic in 2022:

  1. United States (37.2 tons)

Source: IndexBox Market Intelligence Platform

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