Dominican Republic: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in the Dominican Republic

The Dominican hexamethylenediamine and ethylenediamine market skyrocketed to $X in 2022, picking up 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). In general, consumption continues to indicate a perceptible downturn. Hexamethylenediamine and ethylenediamine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Hexamethylenediamine And Ethylenediamine Exports

Exports from the Dominican Republic

In 2022, shipments abroad of hexamethylenediamine and its salts, ethylenediamine and its salts increased by X% to X kg, rising for the third consecutive year after three years of decline. Overall, exports posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X kg in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, hexamethylenediamine and ethylenediamine exports amounted to $X in 2022. In general, exports enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Cuba (X kg) was the main destination for hexamethylenediamine and ethylenediamine exports from the Dominican Republic, with a X% share of total exports. Moreover, hexamethylenediamine and ethylenediamine exports to Cuba exceeded the volume sent to the second major destination, Haiti (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cuba amounted to X%.

In value terms, Cuba ($X) remains the key foreign market for hexamethylenediamine and its salts, ethylenediamine and its salts exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by Haiti ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Cuba amounted to X%.

Export Prices by Country

The average hexamethylenediamine and ethylenediamine export price stood at $X per ton in 2022, approximately equating the previous year. In general, the export price, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export 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 Cuba totaled $X per ton.

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

Hexamethylenediamine And Ethylenediamine Imports

Imports into the Dominican Republic

In 2022, the amount of hexamethylenediamine and its salts, ethylenediamine and its salts imported into the Dominican Republic dropped modestly to X tons, reducing by X% against the previous year. In general, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine imports soared to $X in 2022. Overall, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Spain (X tons), Belgium (X tons) and China (X tons) were the main suppliers of hexamethylenediamine and ethylenediamine imports to the Dominican Republic, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), China ($X) and the United States ($X) were the largest hexamethylenediamine and ethylenediamine suppliers to the Dominican Republic, with a combined X% share of total imports.

In terms of the main suppliers, Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average hexamethylenediamine and ethylenediamine import price amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained 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 Belgium ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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