Price for Dithionites and Sulphoxylates; of Sodium in the Dominican Republic - 2023
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in the Dominican Republic (CIF) - 2022
- Price for Dithionites and Sulphoxylates; of Sodium in the Dominican Republic (FOB) - 2022
- Imports of Dithionites and Sulphoxylates; of Sodium in the Dominican Republic
- Exports of Dithionites and Sulphoxylates; of Sodium in the Dominican Republic
Price for Dithionites and Sulphoxylates; of Sodium in the Dominican Republic (CIF) - 2022
The average import price for dithionites and sulphoxylates; of sodia stood at $1,298 per ton in 2022, which is down by -2.8% against the previous year. In general, the import price showed a slight decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 52% against the previous year. Over the period under review, average import prices hit record highs at $1,556 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 Costa Rica ($10,212 per ton), while the price for China stood at $1,065 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+17.8%).
Price for Dithionites and Sulphoxylates; of Sodium in the Dominican Republic (FOB) - 2022
In 2021, the average export price for dithionites and sulphoxylates; of sodia amounted to $788 per ton, declining by -13.9% against the previous year. Overall, the export price faced a abrupt shrinkage. Over the period under review, the average export prices hit record highs at $915 per ton in 2020, and then contracted in the following year.
As there is only one major export destination, the average price level is determined by prices for Guatemala.
From 2020 to 2021, the rate of growth in terms of prices for Guatemala amounted to -13.9% per year.
Imports of Dithionites and Sulphoxylates; of Sodium in the Dominican Republic
Dithionites and sulphoxylates; of sodium imports into the Dominican Republic shrank rapidly to 75 tons in 2022, waning by -42.3% on 2021 figures. Over the period under review, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 522%. As a result, imports reached the peak of 131 tons, and then declined sharply in the following year.
In value terms, dithionites and sulphoxylates; of sodium imports reduced rapidly to $98K in 2022. In general, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 718% against the previous year. As a result, imports attained the peak of $175K, and then dropped markedly in the following year.
| Import of Dithionites and Sulphoxylates; of Sodium in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 47.3 | 10.2 | 130 | 78.0 | 18.1% |
| Others | 13.8 | 11.1 | 44.8 | 20.0 | 13.2% |
| Total | 61.2 | 21.3 | 175 | 97.9 | 17.0% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to the Dominican Republic in 2022:
- China (73.2 tons)
Exports of Dithionites and Sulphoxylates; of Sodium in the Dominican Republic
In 2021, the amount of dithionites and sulphoxylates; of sodia exported from the Dominican Republic soared to 22 tons, rising by 16% compared with 2020 figures. The total export volume increased at an average annual rate of +16.2% from 2020 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, dithionites and sulphoxylates; of sodium exports stood at $17K in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked in 2021 and are expected to retain growth in years to come.
| Export of Dithionites and Sulphoxylates; of Sodium in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Guatemala | 17.0 | 17.0 | 0.0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 17.0 | 17.0 | 0.0% | ||
Top Export Markets for Dithionites and Sulphoxylates; of Sodium from the Dominican Republic in 2022:
- Guatemala (21.6 tons)
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