Dominican Republic - Refined or Synthetic Glycerol - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Refined or Synthetic Glycerol in the Dominican Republic - 2023
Contents:
- Price for Refined or Synthetic Glycerol in the Dominican Republic (CIF) - 2023
- Price for Refined or Synthetic Glycerol in the Dominican Republic (FOB) - 2022
- Imports of Refined or Synthetic Glycerol in the Dominican Republic
- Exports of Refined or Synthetic Glycerol in the Dominican Republic
Price for Refined or Synthetic Glycerol in the Dominican Republic (CIF) - 2023
In March 2023, the average refined or synthetic glycerol import price amounted to $1,208 per ton, rising by 54% against the previous month. Overall, the import price, however, continues to indicate a abrupt setback. Over the period under review, average import prices reached the maximum at $2,612 per ton in March 2022; however, from April 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 Belgium ($3,330 per ton), while the price for Brazil ($806 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 Belgium (+1.3%), while the prices for the other major suppliers experienced a decline.
Price for Refined or Synthetic Glycerol in the Dominican Republic (FOB) - 2022
In 2022, the average refined or synthetic glycerol export price amounted to $3,070 per ton, picking up by 67% against the previous year. In general, the export price saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 an increase of 70%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($11,960 per ton), while the average price for exports to Haiti ($2,901 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+207.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Refined or Synthetic Glycerol in the Dominican Republic
In 2022, supplies from abroad of refined or synthetic glycerol decreased by -9.8% to 2.3K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. As a result, imports attained the peak of 2.5K tons, and then contracted in the following year.
In value terms, refined or synthetic glycerol imports soared to $5.1M in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 114%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Refined or Synthetic Glycerol in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 688 | 666 | 1,622 | 3,276 | 68.2% |
| Colombia | 33.9 | 49.5 | 334 | 652 | 167.9% |
| Germany | 15.2 | 29.6 | 59.1 | 377 | 191.6% |
| United States | 21.9 | 69.1 | 0.6 | 333 | 147.7% |
| Malaysia | 40.9 | 90.5 | 74.9 | 330 | 100.6% |
| Honduras | 52.9 | 58.7 | 75.0 | N/A | 19.1% |
| Others | 168 | 221 | 371 | 151 | -3.5% |
| Total | 1,020 | 1,185 | 2,536 | 5,120 | 71.2% |
Top Suppliers of Refined or Synthetic Glycerol to the Dominican Republic in 2022:
- Brazil (1498.2 tons)
- Colombia (303.0 tons)
- United States (156.9 tons)
- Malaysia (140.0 tons)
- Germany (130.3 tons)
Exports of Refined or Synthetic Glycerol in the Dominican Republic
In 2022, approx. 36 tons of refined or synthetic glycerol were exported from the Dominican Republic; growing by 149% compared with the previous year's figure. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, refined or synthetic glycerol exports soared to $111K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Refined or Synthetic Glycerol in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 12.2 | 13.4 | 26.6 | 86.6 | 92.2% |
| Cuba | N/A | N/A | N/A | 21.2 | 0% |
| United States | N/A | 12.6 | N/A | 3.0 | -51.2% |
| Others | N/A | 6.4 | N/A | N/A | 0% |
| Total | 12.2 | 32.4 | 26.6 | 111 | 108.8% |
Top Export Markets for Refined or Synthetic Glycerol from the Dominican Republic in 2022:
- Haiti (29.9 tons)
- Cuba (6.0 tons)
- United States (0.3 tons)
This report provides an in-depth analysis of the market for refined or synthetic glycerol 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 20142360 - Glycerol (including synthetic, excluding crude, waters and lyes)
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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