Dominican Republic - Natural Rubber And Gums - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Natural Rubber and Gum in the Dominican Republic - 2023
Contents:
- Price for Natural Rubber and Gum in the Dominican Republic (CIF) - 2022
- Price for Natural Rubber and Gum in the Dominican Republic (FOB) - 2022
- Imports of Natural Rubber and Gum in the Dominican Republic
- Exports of Natural Rubber and Gum in the Dominican Republic
Price for Natural Rubber and Gum in the Dominican Republic (CIF) - 2022
The average natural rubber and gum import price stood at $5,249 per ton in 2022, picking up by 81% against the previous year. Overall, the import price posted a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 ($8,647 per ton), while the price for Guatemala ($3,063 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Natural Rubber and Gum in the Dominican Republic (FOB) - 2022
The average natural rubber and gum export price stood at $930 per ton in 2022, dropping by -11.6% against the previous year. In general, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2018 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices reached the maximum at $2,419 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($3,071 per ton), while the average price for exports to the United States totaled $781 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+4.4%).
Imports of Natural Rubber and Gum in the Dominican Republic
In 2022, the amount of natural rubber and gums imported into the Dominican Republic soared to 52 tons, increasing by 19% compared with the previous year. In general, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 56%.
In value terms, natural rubber and gum imports skyrocketed to $272K in 2022. Overall, imports recorded measured growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Natural Rubber and Gum in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 71.0 | 50.6 | 51.8 | 154 | 29.4% |
| Guatemala | 25.3 | 2.4 | 11.5 | 99.5 | 57.8% |
| Mexico | 7.0 | 2.0 | 1.6 | 5.9 | -5.5% |
| Thailand | 90.8 | 23.0 | 39.0 | N/A | -34.5% |
| Taiwan (Chinese) | 16.4 | N/A | N/A | N/A | 0% |
| Canada | 14.1 | 7.4 | 7.1 | N/A | -29.0% |
| Others | 12.4 | 14.4 | 14.9 | 12.5 | 0.3% |
| Total | 237 | 99.8 | 126 | 272 | 4.7% |
Top Suppliers of Natural Rubber and Gum to the Dominican Republic in 2022:
- Guatemala (32.5 tons)
- United States (17.8 tons)
- Mexico (0.9 tons)
Exports of Natural Rubber and Gum in the Dominican Republic
In 2022, shipments abroad of natural rubber and gums increased by 11% to 215 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt curtailment.
In value terms, natural rubber and gum exports contracted slightly to $200 in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 3.7% against the previous year.
| Export of Natural Rubber and Gum in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 108 | 164 | 164 | 157 | 13.3% |
| Haiti | 19.0 | 33.0 | 39.0 | 43.0 | 31.3% |
| Panama | 63.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 190 | 197 | 203 | 200 | 1.7% |
Top Export Markets for Natural Rubber and Gum from the Dominican Republic in 2022:
- United States (201.0 kg)
- Haiti (14.0 kg)
This report provides an in-depth analysis of the market for natural rubber and gum in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 836 - Natural rubber
Country coverage:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for natural rubber and gum in the Dominican Republic.
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This report provides an in-depth analysis of the global market for natural rubber and gum.
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This report provides an in-depth analysis of the market for natural rubber and gum in the Dominican Republic.
2636
This report provides an in-depth analysis of the global market for natural rubber and gum.
751
In the beginning of 2021, demand for natural rubber spiked and prices for rubber increased due to a quick rebound in China’s tire manufacturing and the heightened need for latex gloves during the pandemic. Rubber production is projected to climb up this year in line with rising demand, slowing down the price growth. There is a risk that droughts in Malaysia, Thailand and Indonesia will create a supply shortage in the market and enable the prices to soar again.
927
The global natural rubber and gum market amounted to $25.2B in 2019, therefore, remained relatively stable against...
963
In value terms, natural rubber, balata, gutta-percha, guayule imports stood at $X in 2016. In general, natural rubber, balata, gutta-percha, guayule imports continue to indicate a measured decline. ...
1377
In value terms, natural rubber, balata, gutta-percha, guayule exports stood at $X in 2016. Overall, natural rubber, balata, gutta-percha, guayule exports continue to indicate a significant deduction...
2816
Global natural rubber and gum consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
1115
In 2015, the countries with the highest levels of production were Thailand (X thousand tons), Indonesia (X thousand tons), Vietnam (X thousand tons), together accounting for X% of total output.
1676
Despite a drop in exports in 2014, Thailand continues to lead the way in the global natural rubber and gum trade. In 2014, Thailand exported X thousand tons of natural rubber and gums totaling X million USD, X% under the previous year. Its p
751
In the beginning of 2021, demand for natural rubber spiked and prices for rubber increased due to a quick rebound in China’s tire manufacturing and the heightened need for latex gloves during the pandemic. Rubber production is projected to climb up this year in line with rising demand, slowing down the price growth. There is a risk that droughts in Malaysia, Thailand and Indonesia will create a supply shortage in the market and enable the prices to soar again.
927
The global natural rubber and gum market amounted to $25.2B in 2019, therefore, remained relatively stable against...
963
In value terms, natural rubber, balata, gutta-percha, guayule imports stood at $X in 2016. In general, natural rubber, balata, gutta-percha, guayule imports continue to indicate a measured decline. ...
