Sulphites; Thiosulphates Price in the Dominican Republic - 2023

Sulphites; Thiosulphates Price in the Dominican Republic (CIF) - 2022

In 2022, the average sulphites; thiosulphates import price amounted to $1,165 per ton, rising by 35% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; thiosulphates import price increased by +87.7% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 89%. The import price peaked in 2022 and is likely to see gradual 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 Italy ($1,843 per ton), while the price for Colombia ($386 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; Thiosulphates Price in the Dominican Republic (FOB) - 2022

In 2022, the average sulphites; thiosulphates export price amounted to $3,108 per ton, rising by 36% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 506% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 Jamaica amounted to +7.6% per year.

Sulphites; Thiosulphates Imports in the Dominican Republic

In 2022, imports of sulphites; thiosulphateses into the Dominican Republic skyrocketed to 512 tons, growing by 46% against 2021. In general, imports, however, saw a dramatic decrease.

In value terms, sulphites; thiosulphates imports skyrocketed to $597K in 2022. Overall, imports, however, continue to indicate a perceptible reduction.

Import of Sulphites; Thiosulphates in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	460	106	207	230	-20.6%
Netherlands	17.8	65.6	21.0	200	124.0%
United States	119	35.5	10.4	43.2	-28.7%
Germany	35.6	26.7	27.6	41.4	5.2%
Italy	19.1	11.6	19.9	27.2	12.5%
Belgium	N/A	N/A	15.6	21.7	39.1%
Colombia	8.3	3.3	N/A	4.6	-17.9%
Others	13.7	0.1	1.5	28.9	28.3%
Total	674	249	303	597	-4.0%

Top Suppliers of Sulphites; Thiosulphates to the Dominican Republic in 2022:

China (262.1 tons)
Netherlands (145.8 tons)
Germany (24.8 tons)
Belgium (24.5 tons)
United States (24.1 tons)
Italy (14.7 tons)
Colombia (12.0 tons)

Sulphites; Thiosulphates Exports in the Dominican Republic

In 2022, shipments abroad of sulphites; thiosulphateses decreased by -43.9% to 4.1 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 381% against the previous year. As a result, the exports attained the peak of 23 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sulphites; thiosulphates exports contracted sharply to $13K in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 53% against the previous year.