Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in the Dominican Republic - 2022

Contents:

1. Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in the Dominican Republic (CIF) - 2022
2. Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in the Dominican Republic (FOB) - 2022
3. Imports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in the Dominican Republic
4. Exports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in the Dominican Republic

Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in the Dominican Republic (CIF) - 2022

The average import price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes stood at $3,795 per ton in 2022, which is down by -23.7% against the previous year. In general, the import price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 51%. As a result, import price attained the peak level of $4,975 per ton, and then contracted markedly in the following year.

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 the United States ($5,323 per ton), while the price for Trinidad and Tobago totaled $2,182 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in the Dominican Republic (FOB) - 2022

In 2022, the average export price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes amounted to $1,079 per ton, remaining relatively unchanged against the previous year. In general, the export price continues to indicate a perceptible downturn. The export price peaked at $1,339 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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 the United States ($746 per ton), while the average price for exports to Canada ($29 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (-17.1%).

Imports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in the Dominican Republic

In 2022, supplies from abroad of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes was finally on the rise to reach 56 tons after two years of decline. In general, imports, however, saw a dramatic setback.

In value terms, imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes soared to $211K in 2022. Over the period under review, imports, however, saw a abrupt setback.

Top Suppliers of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene to the Dominican Republic in 2022:

1. Trinidad and Tobago (92.4 tons)

Exports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in the Dominican Republic

For the third consecutive year, the Dominican Republic recorded decline in overseas shipments of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes, which decreased by -24.9% to 42 tons in 2022. In general, exports showed a sharp downturn.

In value terms, exports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes shrank dramatically to $45K in 2022. Over the period under review, exports showed a sharp decline.

Top Export Markets for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene from the Dominican Republic in 2022:

1. Haiti (0.2 tons)
2. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform