Dominican Republic: Bentonite Market 2021

Bentonite Market Size in the Dominican Republic

The Dominican bentonite market shrank to $X in 2019, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a abrupt contraction. The pace of growth was the most pronounced in 2017 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2011; however, from 2012 to 2019, consumption stood at a somewhat lower figure.

Bentonite Exports

Exports from the Dominican Republic

For the sixth year in a row, the Dominican Republic recorded growth in shipments abroad of bentonite, which increased by X% to X tons in 2019. Overall, exports saw a prominent expansion. The growth pace was the most rapid in 2012 when exports increased by X% year-to-year. As a result, exports reached the peak of X tons. From 2013 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, bentonite exports surged to $X in 2019. In general, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. From 2013 to 2019, the growth exports failed to regain the momentum.

Exports by Country

In 2019, India (X tons), distantly followed by the U.S. (X tons), Turkey (X tons), Italy (X tons) and China (X tons) represented the largest exporters of bentonite, together mixing up X% of total exports. Slovakia (X tons), Azerbaijan (X tons), the Czech Republic (X tons), the Netherlands (X tons), Germany (X tons) and Greece (X tons) took a relatively small share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Greece, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite supplying countries from the Dominican Republic were the U.S. ($X), Turkey ($X) and India ($X), with a combined X% share of total exports.

Turkey recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the bentonite export price in the Dominican Republic amounted to $X per ton, growing by X% against the previous year. Overall, the export price continues to indicate a noticeable expansion. The growth pace was the most rapid in 2009 an increase of X% y-o-y. The Dominican Republic export price peaked at $X per ton in 2012; however, from 2013 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports into the Dominican Republic

Bentonite imports into the Dominican Republic contracted to X tons in 2019, which is down by -X% against the year before. In general, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2017 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X tons in 2011; however, from 2012 to 2019, imports remained at a lower figure.

In value terms, bentonite imports shrank to $X in 2019. Over the period under review, imports saw a deep setback. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2011; however, from 2012 to 2019, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the twelve major importers of bentonite, namely Germany, Canada, Indonesia, the Netherlands, Malaysia, Poland, Russia, Saudi Arabia, Thailand, the UK, Japan and France, represented more than half of total import. Italy (X tons) occupied a minor share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Thailand, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite importing markets into the Dominican Republic were Germany ($X), Canada ($X) and the Netherlands ($X), with a combined X% share of total imports. Japan, Thailand, France, the UK, Indonesia, Saudi Arabia, Poland, Russia, Malaysia and Italy lagged somewhat behind, together accounting for a further X saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the bentonite import price in the Dominican Republic amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the import price saw a noticeable descent. The growth pace was the most rapid in 2008 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2009 to 2019, the growth in terms of the import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform