Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the Dominican Republic - 2023

Contents:

  1. Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the Dominican Republic (CIF) - 2022
  2. Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the Dominican Republic (FOB) - 2022
  3. Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the Dominican Republic
  4. Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the Dominican Republic

Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the Dominican Republic (CIF) - 2022

In 2022, the average import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves amounted to $2,916 per ton, rising by 74% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves increased by +107.8% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($3,127 per ton), while the price for the Netherlands ($1,455 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the Dominican Republic (FOB) - 2022

The average export price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves stood at $4,157 per ton in 2022, with an increase of 109% against the previous year. Over the period under review, the export price posted a perceptible expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to +4.7% per year.

Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the Dominican Republic

For the third consecutive year, the Dominican Republic recorded decline in supplies from abroad of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves, which decreased by -5.6% to 257 tons in 2022. Overall, imports showed a abrupt decrease.

In value terms, imports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves surged to $749K in 2022. In general, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States39921577.6298-9.3%
ChinaN/A0.4N/A1551868.5%
Brazil24.174.428.495.458.2%
Russia11310120786.9-8.4%
South KoreaN/AN/AN/A50.00%
Latvia30.324.081.544.013.2%
Netherlands30.8N/A50.37.6-37.3%
Spain55.624.9N/AN/A-55.2%
Others3.61.911.512.451.0%
Total6564414567494.5%

Top Suppliers of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof to the Dominican Republic in 2022:

  1. United States (95.7 tons)
  2. China (53.2 tons)
  3. Brazil (34.4 tons)
  4. Russia (34.4 tons)
  5. Latvia (17.2 tons)
  6. South Korea (16.0 tons)
  7. Netherlands (5.2 tons)

Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the Dominican Republic

In 2022, exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves from the Dominican Republic contracted markedly to 7.2 tons, shrinking by -83.4% compared with the previous year's figure. Overall, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,139% against the previous year. As a result, the exports attained the peak of 43 tons, and then declined significantly in the following year.

In value terms, exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves fell significantly to $30K in 2022. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,201% against the previous year. As a result, the exports reached the peak of $86K, and then dropped sharply in the following year.

Export of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti9.16.646.529.848.5%
Costa RicaN/AN/A28.3N/A0%
JamaicaN/AN/A9.4N/A0%
OthersN/AN/A1.5N/A0%
Total9.16.685.829.848.5%

Top Export Markets for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof from the Dominican Republic in 2022:

  1. Haiti (7.2 tons)

Source: IndexBox Market Intelligence Platform

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