Price for Silicates; Commercial Alkali Metal Silicates in the Dominican Republic - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in the Dominican Republic (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates in the Dominican Republic (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates in the Dominican Republic
- Exports of Silicates; Commercial Alkali Metal Silicates in the Dominican Republic
Price for Silicates; Commercial Alkali Metal Silicates in the Dominican Republic (CIF) - 2022
In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $726 per ton, growing by 51% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; commercial alkali metal silicates import price increased by +80.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,128 per ton), while the price for Egypt ($571 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; Commercial Alkali Metal Silicates in the Dominican Republic (FOB) - 2022
The average export price for silicates; commercial alkali metal silicateses stood at $64 per ton in 2022, shrinking by -88.2% against the previous year. In general, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2019 when the average export price increased by 62%. The export price peaked at $813 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($643 per ton), while the average price for exports to Aruba ($22 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 Haiti (+9.6%), while the prices for the other major destinations experienced a decline.
Imports of Silicates; Commercial Alkali Metal Silicates in the Dominican Republic
In 2022, the amount of silicates; commercial alkali metal silicateses imported into the Dominican Republic stood at 15K tons, increasing by 13% against 2021 figures. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, silicates; commercial alkali metal silicates imports soared to $11M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silicates; Commercial Alkali Metal Silicates in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.8 | 0.7 | 0.7 | 3.0 | 55.4% |
| United States | 0.9 | 1.2 | 1.5 | 2.4 | 38.7% |
| Colombia | 0.1 | N/A | 1.7 | 2.1 | 175.9% |
| Spain | 1.0 | 1.2 | 1.2 | 2.1 | 28.1% |
| Egypt | 1.9 | 1.2 | 0.9 | 0.8 | -25.0% |
| Others | 0.3 | 0.3 | 0.3 | 0.6 | 26.0% |
| Total | 5.0 | 4.7 | 6.4 | 11.0 | 30.1% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to the Dominican Republic in 2022:
- China (4.9K tons)
- Colombia (3.2K tons)
- Spain (3.1K tons)
- United States (2.1K tons)
- Egypt (1.4K tons)
Exports of Silicates; Commercial Alkali Metal Silicates in the Dominican Republic
For the fourth year in a row, the Dominican Republic recorded growth in overseas shipments of silicates; commercial alkali metal silicateses, which increased by 2,254% to 19K tons in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 3,289,400%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, silicates; commercial alkali metal silicates exports skyrocketed to $1.3M in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 4,009,050% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Silicates; Commercial Alkali Metal Silicates in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sao Tome and Principe | N/A | N/A | N/A | 587 | 0% |
| United States | N/A | 60.0 | 62.7 | 289 | 119.5% |
| Turks and Caicos Islands | N/A | N/A | 162 | 245 | 51.2% |
| Aruba | N/A | N/A | N/A | 119 | 0% |
| British Virgin Islands | N/A | N/A | 216 | N/A | 0% |
| Others | N/A | 20.2 | 10.0 | 10.8 | -26.9% |
| Total | N/A | 80.2 | 451 | 1,250 | 294.8% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates from the Dominican Republic in 2022:
- Sao Tome and Principe (9.6K tons)
- Aruba (5.4K tons)
- Turks and Caicos Islands (4.0K tons)
- United States (0.4K tons)
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