Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Dominican Republic - 2023
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Dominican Republic (CIF) - 2023
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Dominican Republic (FOB) - 2022
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Dominican Republic
- Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Dominican Republic
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Dominican Republic (CIF) - 2023
The average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $3,793 per ton in March 2023, with an increase of 379% against the previous month. Over the period under review, the import price posted a strong increase. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 611% m-o-m. As a result, import price reached the peak level of $4,451 per ton. From February 2023 to March 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($1,013 per ton), while the price for the Netherlands ($400 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Dominican Republic (FOB) - 2022
The average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $686 per ton in 2022, jumping by 21% against the previous year. Overall, the export price, however, saw a noticeable setback. The growth pace was the most rapid in 2016 an increase of 1,482% against the previous year. As a result, the export price reached the peak level of $10,787 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Trinidad and Tobago ($1,739 per ton), while the average price for exports to the United States ($576 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Dominican Republic
Imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s into the Dominican Republic fell rapidly to 1.4M tons in 2022, waning by -23.3% against 2021. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, imports reached the peak of 1.9M tons, and then contracted markedly in the following year.
In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s dropped significantly to $1.1B in 2022. Overall, imports saw a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year.
| Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,628 | 782 | 1,459 | 795 | -21.3% |
| Netherlands | 425 | 199 | 204 | 244 | -16.9% |
| Bahamas | 30.1 | 17.6 | 10.7 | 22.8 | -8.8% |
| Others | 294 | 321 | 417 | 19.7 | -59.4% |
| Total | 2,378 | 1,320 | 2,091 | 1,082 | -23.1% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to the Dominican Republic in 2022:
- United States (921.2K tons)
- Netherlands (435.8K tons)
- Bahamas (49.7K tons)
Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Dominican Republic
In 2022, exports of petroleum spirit for motor vehicles **legacy non-wco code**s from the Dominican Republic dropped rapidly to 38K tons, waning by -66.6% on 2021. Overall, exports faced a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 124%.
In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s declined markedly to $26M in 2022. In general, exports saw a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 212% against the previous year.
| Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4.1 | 8.2 | 20.8 | 22.9 | 77.4% |
| Haiti | 5.4 | 6.1 | 9.3 | 1.1 | -41.2% |
| United States | 1.7 | 4.5 | 18.1 | 0.5 | -33.5% |
| Ecuador | N/A | N/A | 11.1 | N/A | 0% |
| Others | 469 | 1.9 | 5.2 | 1.4 | -85.6% |
| Total | 480 | 20.7 | 64.4 | 25.9 | -62.2% |
Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from the Dominican Republic in 2022:
- Netherlands (34.9K tons)
- Haiti (1.1K tons)
- United States (0.8K tons)
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