Dominican Republic: Aromatic Polyamines Market 2024

Aromatic Polyamines Market Size in the Dominican Republic

The Dominican aromatic polyamines market rose markedly to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption posted a prominent increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Aromatic Polyamines Production in the Dominican Republic

In value terms, aromatic polyamines production expanded remarkably to $X in 2022 estimated in export price. In general, production posted buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Aromatic Polyamines Exports

Exports from the Dominican Republic

For the sixth consecutive year, the Dominican Republic recorded decline in shipments abroad of aromatic polyamines and their derivatives, salts thereof, which decreased by X% to X kg in 2022. Over the period under review, exports saw a dramatic curtailment. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, aromatic polyamines exports shrank remarkably to $X in 2022. Overall, exports recorded a significant contraction. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Panama (X kg) and Haiti (X kg) were the main destinations of aromatic polyamines exports from the Dominican Republic.

From 2012 to 2022, the biggest increases were recorded for Haiti (with a CAGR of X%).

In value terms, Haiti ($X) emerged as the key foreign market for aromatic polyamines and their derivatives, salts thereof exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by Panama ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Haiti was relatively modest.

Export Prices by Country

The average aromatic polyamines export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price recorded a significant increase. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($X per ton), while the average price for exports to Panama stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%).

Aromatic Polyamines Imports

Imports into the Dominican Republic

In 2022, the amount of aromatic polyamines and their derivatives, salts thereof imported into the Dominican Republic surged to X tons, with an increase of X% against the previous year. Overall, imports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, aromatic polyamines imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), the United States (X tons) and South Korea (X kg) were the main suppliers of aromatic polyamines imports to the Dominican Republic, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of aromatic polyamines and their derivatives, salts thereof to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average aromatic polyamines import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price posted a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2020; however, from 2021 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 India ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :