Price for Chlorates; Other than Sodium in the Dominican Republic - 2023

Price for Chlorates; Other than Sodium in the Dominican Republic (CIF) - 2022

The average chlorates; other than sodium import price stood at $2,238 per ton in 2022, stabilizing at the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorates; other than sodium import price decreased by -18.0% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 33%. Over the period under review, average import prices reached the maximum at $2,729 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($23,159 per ton), while the price for Sweden totaled $1,251 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+31.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Chlorates; Other than Sodium in the Dominican Republic (FOB) - 2022

The average chlorates; other than sodium export price stood at $2,750 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price saw resilient growth. The most prominent rate of growth was recorded in 2021 a decrease of 99.9%. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Trinidad and Tobago.

From 2020 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Imports of Chlorates; Other than Sodium in the Dominican Republic

Chlorates; other than sodium imports into the Dominican Republic dropped to 117 tons in 2022, which is down by -12% against the previous year. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. As a result, imports attained the peak of 133 tons, and then shrank in the following year.

In value terms, chlorates; other than sodium imports reduced to $262K in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports attained the peak of $301K, and then reduced in the following year.

Import of Chlorates; Other than Sodium in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	62.7	42.5	59.2	140	30.7%
Chile	15.3	35.6	35.9	119	98.1%
Germany	88.4	91.7	110	N/A	11.6%
India	12.1	8.8	18.5	N/A	23.6%
Others	48.9	60.3	77.3	3.4	-58.9%
Total	227	239	301	262	4.9%

Top Suppliers of Chlorates; Other than Sodium to the Dominican Republic in 2022:

Sweden (111.9 tons)
Chile (5.1 tons)

Exports of Chlorates; Other than Sodium in the Dominican Republic

In 2022, exports of chlorates; other than sodia from the Dominican Republic amounted to 4 kg, standing approx. at the previous year's figure. Over the period under review, exports recorded a sharp decline. The smallest decline of 99.9% was in 2021.

In value terms, chlorates; other than sodium exports stood at $11 in 2022. Overall, exports showed a precipitous curtailment. The smallest decline of 99.9% was in 2021.