Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in the Dominican Republic - 2022
Contents:
- Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in the Dominican Republic (CIF) - 2022
- Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in the Dominican Republic
Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in the Dominican Republic (CIF) - 2022
In 2022, the average import price for residues; of petroleum oils or of oils obtained from bituminous mineralses amounted to $1,775 per ton, jumping by 37% against the previous year. Overall, the import price saw prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +15.3% per year.
Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in the Dominican Republic
For the fourth consecutive year, the Dominican Republic recorded growth in overseas purchases of residues; of petroleum oils or of oils obtained from bituminous mineralses, which increased by 24% to 155 tons in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses soared to $275K in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 88.7 | 112 | 161 | 275 | 45.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 88.7 | 112 | 161 | 275 | 45.8% |
Top Suppliers of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals to the Dominican Republic in 2022:
- United States (155.0 tons)
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