Dominican Republic - Polyethylene in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene in Primary Forms in the Dominican Republic - 2023
Contents:
- Price for Polyethylene in Primary Forms in the Dominican Republic (CIF) - 2023
- Price for Polyethylene in Primary Forms in the Dominican Republic (FOB) - 2022
- Imports of Polyethylene in Primary Forms in the Dominican Republic
- Exports of Polyethylene in Primary Forms in the Dominican Republic
Price for Polyethylene in Primary Forms in the Dominican Republic (CIF) - 2023
The average polyethylene in primary forms import price stood at $1,197 per ton in March 2023, standing approximately at the previous month. In general, the import price, however, continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in April 2022 an increase of 54% month-to-month. Over the period under review, average import prices reached the maximum at $2,786 per ton in August 2022; however, from September 2022 to March 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Thailand ($1,965 per ton), while the price for Mexico ($1,154 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 Thailand (-0.8%), while the prices for the other major suppliers experienced a decline.
Price for Polyethylene in Primary Forms in the Dominican Republic (FOB) - 2022
In 2022, the average polyethylene in primary forms export price amounted to $1,558 per ton, growing by 2.2% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyethylene in primary forms export price increased by +33.2% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 106% against the previous year. Over the period under review, the average export prices attained the maximum at $2,032 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($3,224 per ton), while the average price for exports to Peru ($374 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 China (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polyethylene in Primary Forms in the Dominican Republic
Polyethylene in primary forms imports into the Dominican Republic rose sharply to 119K tons in 2022, increasing by 5.2% compared with the previous year. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.5% 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 +77.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 69%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, polyethylene in primary forms imports amounted to $204M in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 100% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Polyethylene in Primary Forms in the Dominican Republic (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 65.8 | 66.0 | 121 | 125 | 23.8% |
Mexico | 22.9 | 21.7 | 32.6 | 41.8 | 22.2% |
Saudi Arabia | 2.8 | 1.9 | 14.0 | 6.7 | 33.8% |
China | 0.8 | 1.1 | 7.2 | 5.6 | 91.3% |
Thailand | 2.4 | 1.9 | 3.0 | 4.4 | 22.4% |
South Korea | 0.3 | 0.1 | 2.8 | 3.9 | 135.1% |
Brazil | 3.4 | 1.6 | 4.2 | 3.8 | 3.8% |
Canada | 2.5 | 2.1 | 3.0 | 1.6 | -13.8% |
Others | 3.6 | 4.1 | 13.5 | 10.6 | 43.3% |
Total | 104 | 101 | 201 | 204 | 25.2% |
Top Suppliers of Polyethylene in Primary Forms to the Dominican Republic in 2022:
- United States (72.9K tons)
- Mexico (25.9K tons)
- Saudi Arabia (4.0K tons)
- China (3.5K tons)
- Brazil (2.0K tons)
- Thailand (2.0K tons)
- South Korea (2.0K tons)
- Canada (1.0K tons)
Exports of Polyethylene in Primary Forms in the Dominican Republic
In 2022, shipments abroad of polyethylene in primary forms increased by 349% to 2.8K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, polyethylene in primary forms exports skyrocketed to $4.4M in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Polyethylene in Primary Forms in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Venezuela | N/A | N/A | 291 | 3,500 | 1102.7% |
United States | 322 | 224 | 238 | 411 | 8.5% |
Peru | N/A | N/A | N/A | 115 | 0% |
Mexico | N/A | N/A | N/A | 102 | 0% |
Costa Rica | N/A | N/A | N/A | 67.9 | 0% |
Chile | N/A | N/A | N/A | 64.5 | 0% |
Ecuador | 782 | 617 | 183 | 26.1 | -67.8% |
Colombia | 31.1 | 25.6 | N/A | 24.7 | -7.4% |
Guatemala | 211 | N/A | 21.6 | 21.4 | -53.4% |
Haiti | 451 | 393 | 159 | 13.3 | -69.1% |
India | 24.6 | N/A | N/A | N/A | 0% |
Others | 24.7 | N/A | 59.0 | 19.5 | -7.6% |
Total | 1,846 | 1,260 | 951 | 4,365 | 33.2% |
Top Export Markets for Polyethylene in Primary Forms from the Dominican Republic in 2022:
- Venezuela (1818.7 tons)
- Peru (306.5 tons)
- United States (190.0 tons)
- Costa Rica (178.6 tons)
- Mexico (97.2 tons)
- Chile (90.9 tons)
- Ecuador (25.1 tons)
- Colombia (23.1 tons)
- Guatemala (22.6 tons)
- Haiti (4.1 tons)
This report provides an in-depth analysis of the market for polyethylene in primary forms 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 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
- Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
- Prodcom 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms
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
- 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 VOLUME AND VALUE
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
- 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
- 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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