Report Dominican Republic - Liquefied Petroleum Gas (LPG) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 30, 2022

Dominican Republic - Liquefied Petroleum Gas (LPG) - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Market for Liquefied Petroleum Gas (LPG) 2022

Market Size for Liquefied Petroleum Gas (LPG) in the Dominican Republic

In 2021, the Dominican liquefied petroleum gas (LPG) market was finally on the rise to reach $X after two years of decline. In general, consumption enjoyed a measured increase. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Production of Liquefied Petroleum Gas (LPG) in the Dominican Republic

In value terms, liquefied petroleum gas (LPG) production contracted dramatically to $X in 2021 estimated in export price. In general, production, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 132% against the previous year. Liquefied petroleum gas (LPG) production peaked at $X in 2020, and then reduced dramatically in the following year.

Exports of Liquefied Petroleum Gas (LPG)

Exports from the Dominican Republic

In 2021, the amount of liquefied petroleum gas (LPG) exported from the Dominican Republic declined significantly to X tons, dropping by -57.8% compared with 2020. In general, exports, however, showed strong growth. The pace of growth appeared the most rapid in 2014 when exports increased by 90% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, liquefied petroleum gas (LPG) exports shrank remarkably to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 86%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for liquefied petroleum gas (LPG) exports from the Dominican Republic, with a 99% share of total exports. It was followed by the United States (X kg), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to France stood at +37.4%.

In value terms, France ($X) emerged as the key foreign market for liquefied petroleum gas (LPG) exports from the Dominican Republic, comprising 99% of total exports. The second position in the ranking was held by the United States ($X), with a 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to +22.5%.

Export Prices by Country

In 2021, the average liquefied petroleum gas (LPG) export price amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 38% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to France amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+36.1%), while the prices for the other major destinations experienced a decline.

Imports of Liquefied Petroleum Gas (LPG)

Imports into the Dominican Republic

In 2021, overseas purchases of liquefied petroleum gas (LPG) were finally on the rise to reach X tons after two years of decline. In general, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 160%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, liquefied petroleum gas (LPG) imports skyrocketed to $X in 2021. Overall, imports saw a temperate expansion. The growth pace was the most rapid in 2016 when imports increased by 102% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, the United States (X tons) was the main liquefied petroleum gas (LPG) supplier to the Dominican Republic, with a 96% share of total imports. It was followed by Trinidad and Tobago (X tons), with a 1.8% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +49.1%.

In value terms, the United States ($X) constituted the largest supplier of liquefied petroleum gas (LPG) to the Dominican Republic, comprising 97% of total imports. The second position in the ranking was taken by Trinidad and Tobago ($X), with a 1.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +47.6%.

Import Prices by Country

In 2021, the average liquefied petroleum gas (LPG) import price amounted to $X per ton, increasing by 21% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 22% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Trinidad and Tobago stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for liquefied petroleum gas (lpg) in the world?
+
The countries with the highest volumes of consumption in 2021 were China, India and Russia, together comprising 40% of global consumption.
What are the largest producers of liquefied petroleum gas (lpg) in the world?
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The United States constituted the country with the largest volume of liquefied petroleum gas LPG) production, comprising approx. 28% of total volume. Moreover, liquefied petroleum gas LPG) production in the United States exceeded the figures recorded by the second-largest producer, China, threefold. Saudi Arabia ranked third in terms of total production with an 8.3% share.
What are the leading suppliers of liquefied petroleum gas (lpg) to the Dominican Republic?
+
In value terms, the United States constituted the largest supplier of liquefied petroleum gas LPG) to the Dominican Republic, comprising 97% of total imports. The second position in the ranking was taken by Trinidad and Tobago, with a 1.8% share of total imports.
What are the leading importers of liquefied petroleum gas (lpg) from the Dominican Republic?
+
In value terms, France emerged as the key foreign market for liquefied petroleum gas LPG) exports from the Dominican Republic, comprising 99% of total exports. The second position in the ranking was held by the United States, with a 0.1% share of total exports.
What is the average export price for liquefied petroleum gas (lpg) in the Dominican Republic?
+
The average liquefied petroleum gas LPG) export price stood at $387 per ton in 2021, approximately equating the previous year.
What is the average import price for liquefied petroleum gas (lpg) in the Dominican Republic?
+
The average liquefied petroleum gas LPG) import price stood at $599 per ton in 2021, with an increase of 21% against the previous year.

This report provides an in-depth analysis of the market for liquefied petroleum gas (lpg) in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
Country coverage:
• Dominican Republic

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Dominican Republic
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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