Dominican Republic: Zinc Powder Market 2024

Zinc Powder Market Size in the Dominican Republic

The Dominican zinc powder market amounted to $X in 2022, surging by X% against the previous year. Overall, consumption, however, recorded a slight slump. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Zinc Powder Production in the Dominican Republic

In value terms, zinc powder production reached $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

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Zinc Powder Exports

Exports from the Dominican Republic

In 2022, overseas shipments of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, posted moderate growth. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, zinc powder exports reduced sharply to $X in 2022. Overall, exports, however, recorded a strong increase. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Haiti (X tons) was the main destination for zinc powder exports from the Dominican Republic, accounting for a X% share of total exports. Moreover, zinc powder exports to Haiti exceeded the volume sent to the second major destination, Turks and Caicos Islands (X kg), fourfold.

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

In value terms, Haiti ($X) remains the key foreign market for zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by Turks and Caicos Islands ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Haiti stood at X%.

Export Prices by Country

In 2022, the average zinc powder export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price enjoyed a notable increase. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turks and Caicos Islands ($X per ton), while the average price for exports to Haiti amounted to $X per ton.

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

Zinc Powder Imports

Imports into the Dominican Republic

After two years of decline, overseas purchases of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) increased by X% to X kg in 2022. Over the period under review, imports, however, saw a dramatic descent. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, zinc powder imports skyrocketed to $X in 2022. In general, imports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United States (X kg) was the main supplier of zinc powder to the Dominican Republic, accounting for a X% share of total imports. Moreover, zinc powder imports from the United States exceeded the figures recorded by the second-largest supplier, China (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at X%.

In value terms, the United States ($X) constituted the largest supplier of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) to the Dominican Republic, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%.

Import Prices by Country

The average zinc powder import price stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced notably in the following year.

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 the United States ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform