Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the Dominican Republic - 2023

Contents:

  1. Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the Dominican Republic (CIF) - 2022
  2. Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the Dominican Republic (FOB) - 2022
  3. Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the Dominican Republic
  4. Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the Dominican Republic

Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the Dominican Republic (CIF) - 2022

In 2022, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $7,337 per ton, declining by -9.8% against the previous year. Overall, the import price recorded a noticeable decrease. The pace of growth was the most pronounced in 2019 an increase of 56%. Over the period under review, average import prices hit record highs at $10,106 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,761 per ton), while the price for Spain ($4,617 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.3%), while the prices for the other major suppliers experienced a decline.

Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the Dominican Republic (FOB) - 2022

The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $1,669 per ton in 2022, with a decrease of -32.2% against the previous year. Overall, the export price faced a abrupt slump. The pace of growth appeared the most rapid in 2014 an increase of 476%. As a result, the export price attained the peak level of $33,085 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($2,916 per ton), while the average price for exports to Turks and Caicos Islands ($1,066 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turks and Caicos Islands (-1.5%), while the prices for the other major destinations experienced a decline.

Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the Dominican Republic

In 2022, supplies from abroad of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -28.2% to 445 kg, falling for the second consecutive year after two years of growth. Overall, imports faced a precipitous shrinkage. The growth pace was the most rapid in 2020 when imports increased by 5%. As a result, imports attained the peak of 1.7 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol dropped sharply to $3.3K in 2022. In general, imports saw a dramatic curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 27%. As a result, imports attained the peak of $10K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.37.54.11.6-36.7%
China1.6N/AN/A1.3-6.7%
SpainN/A2.41.00.4-59.2%
OthersN/A0.3N/AN/A0%
Total8.010.25.03.3-25.6%

Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to the Dominican Republic in 2022:

  1. China (201.0 kg)
  2. United States (163.0 kg)
  3. Spain (81.0 kg)

Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the Dominican Republic

In 2022, the amount of alcohols; aromatic and derivatives, other than benzyl alcohol exported from the Dominican Republic shrank rapidly to 1.2 tons, with a decrease of -32.8% on 2021. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 618%. As a result, the exports attained the peak of 1.8 tons, and then dropped markedly in the following year.

In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol dropped dramatically to $2K in 2022. Over the period under review, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 981% against the previous year. As a result, the exports reached the peak of $4.4K, and then reduced markedly in the following year.

Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the Dominican Republic (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti1,1701292991,009-4.8%
Turks and Caicos IslandsN/A220760920104.5%
ArubaN/A15.03,1972.0-63.5%
United StatesN/A47.0151N/A221.3%
Others4.0N/A35.092.0184.4%
Total1,1744114,4422,02319.9%

Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from the Dominican Republic in 2022:

  1. Turks and Caicos Islands (863.0 kg)
  2. Haiti (346.0 kg)
  3. Aruba (1.0 kg)

Source: IndexBox Market Intelligence Platform

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