Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Dominican Republic - 2023

Contents:

1. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Dominican Republic (CIF) - 2023
2. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Dominican Republic (FOB) - 2022
3. Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Dominican Republic
4. Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Dominican Republic

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Dominican Republic (CIF) - 2023

In March 2023, the average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $8,568 per ton, jumping by 15% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in September 2022 an increase of 25% against the previous month. Over the period under review, average import prices hit record highs in March 2023.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was the United States ($11,783 per ton), while the price for China ($5,356 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Dominican Republic (FOB) - 2022

The average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $8,834 per ton in 2022, jumping by 56% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Jamaica ($10,699 per ton), while the average price for exports to the United States ($3,192 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 Ecuador (+68.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Dominican Republic

In 2022, after three years of growth, there was significant decline in purchases abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses, when their volume decreased by -10.2% to 1.3K tons. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 108% against the previous year. As a result, imports attained the peak of 1.4K tons, and then contracted in the following year.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses expanded significantly to $8.5M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 119% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

Top Suppliers of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms to the Dominican Republic in 2022:

1. China (408.4 tons)
2. Sweden (280.4 tons)
3. United States (264.3 tons)
4. Germany (161.1 tons)
5. Switzerland (74.4 tons)
6. Belgium (33.3 tons)
7. South Korea (20.8 tons)

Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Dominican Republic

Exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses from the Dominican Republic stood at 104 tons in 2022, standing approx. at the previous year. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 742% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses skyrocketed to $922K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 627% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms from the Dominican Republic in 2022:

1. Ecuador (38.9 tons)
2. Jamaica (24.7 tons)
3. El Salvador (23.3 tons)
4. Haiti (7.5 tons)
5. Peru (3.0 tons)
6. France (1.9 tons)
7. Grenada (1.9 tons)
8. Costa Rica (1.2 tons)
9. United States (0.4 tons)

Source: IndexBox Market Intelligence Platform