Price for Sulphites; Other than of Sodium in the Dominican Republic - 2023

Price for Sulphites; Other than of Sodium in the Dominican Republic (CIF) - 2022

The average import price for sulphites; other than of sodia stood at $809 per ton in 2022, rising by 4.6% against the previous year. Over the period under review, the import price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2018 an increase of 55%. Over the period under review, average import prices reached the maximum at $921 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($3,489 per ton), while the price for China ($680 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sulphites; Other than of Sodium in the Dominican Republic (FOB) - 2022

The average export price for sulphites; other than of sodia stood at $965 per ton in 2022, which is down by -3.5% against the previous year. Overall, the export price showed a pronounced curtailment. The pace of growth appeared the most rapid in 2013 when the average export price increased by 61%. The export price peaked at $12,048 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Haiti.

From 2012 to 2022, the rate of growth in terms of prices for Cuba amounted to +64.1% per year.

Imports of Sulphites; Other than of Sodium in the Dominican Republic

In 2022, overseas purchases of sulphites; other than of sodia were finally on the rise to reach 230 tons after two years of decline. Overall, imports, however, showed a sharp downturn.

In value terms, sulphites; other than of sodium imports skyrocketed to $186K in 2022. In general, imports, however, recorded a abrupt decrease.

Import of Sulphites; Other than of Sodium in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	267	22.3	11.4	144	-18.6%
Netherlands	N/A	9.3	N/A	17.8	38.3%
Italy	5.0	N/A	11.0	16.2	48.0%
Others	37.6	19.8	7.4	8.0	-40.3%
Total	309	51.4	29.7	186	-15.6%

Top Suppliers of Sulphites; Other than of Sodium to the Dominican Republic in 2022:

China (211.7 tons)
Italy (11.1 tons)
Netherlands (6.1 tons)

Exports of Sulphites; Other than of Sodium in the Dominican Republic

Sulphites; other than of sodium exports from the Dominican Republic soared to 13 tons in 2022, growing by 3,208% on the previous year's figure. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; other than of sodium exports surged to $13K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.