Dominican Republic - Polyethylene Glycols and Polyethers in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 2, 2024

Dominican Republic - Polyethylene Glycols and Polyethers in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polyethylene Glycol and Polyether in the Dominican Republic - 2021

Contents:

  1. Price for Polyethylene Glycol and Polyether in the Dominican Republic (CIF) - 2021
  2. Price for Polyethylene Glycol and Polyether in the Dominican Republic (FOB) - 2022
  3. Imports of Polyethylene Glycol and Polyether in the Dominican Republic
  4. Exports of Polyethylene Glycol and Polyether in the Dominican Republic

Price for Polyethylene Glycol and Polyether in the Dominican Republic (CIF) - 2021

The average polyethylene glycol and polyether import price stood at $3,042 per ton in December 2021, growing by 1.8% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in March 2021 an increase of 8.5% m-o-m. Over the period under review, average import prices attained the peak figure at $3,172 per ton in July 2021; however, from August 2021 to December 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($3,373 per ton), while the price for South Korea ($1,734 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyethylene Glycol and Polyether in the Dominican Republic (FOB) - 2022

The average polyethylene glycol and polyether export price stood at $1,850 per ton in 2022, with a decrease of -4.7% against the previous year. Over the period under review, the export price recorded a perceptible setback. The pace of growth was the most pronounced in 2018 when the average export price increased by 20%. Over the period under review, the average export prices attained the peak figure at $2,843 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Suriname ($2,536 per ton) and Haiti ($2,354 per ton), while the average price for exports to Trinidad and Tobago ($1,706 per ton) and Jamaica ($1,833 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Suriname (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polyethylene Glycol and Polyether in the Dominican Republic

In 2022, imports of polyethylene glycols and polyethers in primary forms into the Dominican Republic dropped to 9.2K tons, declining by -8.9% on 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports reached the peak of 10K tons, and then contracted in the following year.

In value terms, polyethylene glycol and polyether imports reduced sharply to $22M in 2022. Overall, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 95%. As a result, imports reached the peak of $29M, and then shrank dramatically in the following year.

Import of Polyethylene Glycol and Polyether in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10.29.914.210.92.2%
China4.02.94.93.7-2.6%
Singapore0.60.24.43.478.3%
South Korea1.41.03.72.826.0%
Panama0.20.40.40.314.5%
Colombia0.50.20.30.3-15.7%
Others0.50.41.20.711.9%
Total17.515.029.222.18.1%

Top Suppliers of Polyethylene Glycol and Polyether to the Dominican Republic in 2022:

  1. United States (4.5K tons)
  2. China (1.9K tons)
  3. Singapore (1.2K tons)
  4. South Korea (1.1K tons)
  5. Panama (0.1K tons)
  6. Colombia (0.1K tons)

Exports of Polyethylene Glycol and Polyether in the Dominican Republic

In 2022, the amount of polyethylene glycols and polyethers in primary forms exported from the Dominican Republic skyrocketed to 166 tons, surging by 18% against the previous year. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 60%. As a result, the exports reached the peak of 191 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, polyethylene glycol and polyether exports expanded significantly to $307K in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.9% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 53% against the previous year. As a result, the exports attained the peak of $341K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Polyethylene Glycol and Polyether in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Trinidad and Tobago83.424.011813316.8%
Jamaica61.955.410511824.0%
Haiti36.422533.248.29.8%
Suriname2.63.26.67.441.7%
Barbados16.5N/AN/AN/A0%
Costa RicaN/A23.91.9N/A-92.1%
MexicoN/A9.63.4N/A-64.6%
Others22.0N/A4.5N/A-54.8%
Total22334127330711.2%

Top Export Markets for Polyethylene Glycol and Polyether from the Dominican Republic in 2022:

  1. Trinidad and Tobago (77.9 tons)
  2. Jamaica (64.6 tons)
  3. Haiti (20.5 tons)
  4. Suriname (2.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polyethylene glycol and polyether 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:

  • Prodcom 20164015 - Polyethylene glycols and other polyether alcohols, in primary forms
  • Prodcom 20164020 - Polyethers, in primary forms (excluding polyacetals, polyether alcohols)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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