Dominican Republic - Processed Petroleum Oils and Distillates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Processed Petroleum Oils and Distillates in the Dominican Republic - 2023
Contents:
- Price for Processed Petroleum Oils and Distillates in the Dominican Republic (CIF) - 2022
- Price for Processed Petroleum Oils and Distillates in the Dominican Republic (FOB) - 2022
- Imports of Processed Petroleum Oils and Distillates in the Dominican Republic
- Exports of Processed Petroleum Oils and Distillates in the Dominican Republic
Price for Processed Petroleum Oils and Distillates in the Dominican Republic (CIF) - 2022
The average import price for processed petroleum oils and distillates stood at $809 per ton in 2022, rising by 111% against the previous year. Over the period under review, the import price, however, continues to indicate a slight shrinkage. Over the period under review, average import prices reached the peak figure at $979 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($1,043 per ton), while the price for the United States ($783 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (-0.9%), while the prices for the other major suppliers experienced a decline.
Price for Processed Petroleum Oils and Distillates in the Dominican Republic (FOB) - 2022
The average export price for processed petroleum oils and distillates stood at $617 per ton in 2022, approximately reflecting the previous year. In general, the export price showed strong growth. The growth pace was the most rapid in 2013 when the average export price increased by 82% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($9,690 per ton), while the average price for exports to the United States ($568 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 Paraguay (+108.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Processed Petroleum Oils and Distillates in the Dominican Republic
Processed petroleum oils and distillates imports into the Dominican Republic dropped modestly to 3.3M tons in 2022, which is down by -4.9% on the previous year. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 59%.
In value terms, processed petroleum oils and distillates imports skyrocketed to $2.6B in 2022. Over the period under review, imports, however, saw a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Processed Petroleum Oils and Distillates in the Dominican Republic (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,399 | 601 | 1,079 | 2,382 | 19.4% |
United Kingdom | N/A | 0.1 | 0.2 | 149 | 3760.1% |
Colombia | 28.1 | 3.2 | 37.1 | 27.5 | -0.7% |
Netherlands | 120 | 55.7 | 57.4 | 1.4 | -77.3% |
Russia | 54.0 | 0.9 | 0.8 | N/A | -87.8% |
Others | 211 | 165 | 139 | 74.8 | -29.2% |
Total | 1,812 | 826 | 1,313 | 2,635 | 13.3% |
Top Suppliers of Processed Petroleum Oils and Distillates to the Dominican Republic in 2022:
- United States (3043.9K tons)
- United Kingdom (142.8K tons)
- Colombia (29.3K tons)
- Netherlands (0.7K tons)
Exports of Processed Petroleum Oils and Distillates in the Dominican Republic
Processed petroleum oils and distillates exports from the Dominican Republic shrank markedly to 20K tons in 2022, declining by -58.9% against 2021. In general, exports saw a dramatic curtailment.
In value terms, processed petroleum oils and distillates exports fell dramatically to $12M in 2022. Over the period under review, exports saw a sharp curtailment.
Export of Processed Petroleum Oils and Distillates in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Colombia | N/A | 4.5 | 0% | ||
France | 10.7 | 3.3 | -69.2% | ||
United States | 1.3 | 0.5 | -61.5% | ||
Jamaica | 0.4 | 0.2 | -50.0% | ||
Cayman Islands | 6.6 | N/A | 0% | ||
Others | 11.0 | 3.8 | -65.5% | ||
Total | 30.0 | 12.3 | -59.0% |
Top Export Markets for Processed Petroleum Oils and Distillates from the Dominican Republic in 2022:
- Colombia (7.0K tons)
- France (5.7K tons)
- United States (0.9K tons)
- Jamaica (0.3K tons)
This report provides an in-depth analysis of the market for processed petroleum oils and distillates 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:
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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