Report Update Apr 1, 2024

Dominican Republic - Zinc - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Zinc Market 2024

Zinc Market Size in the Dominican Republic

The Dominican zinc market was finally on the rise to reach $X in 2021, after three years of decline. In general, consumption, however, recorded a pronounced reduction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Zinc Exports

Exports from the Dominican Republic

In 2021, the amount of zinc exported from the Dominican Republic skyrocketed to X tons, increasing by 38% against 2020. Overall, exports, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2015 when exports increased by 683%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, zinc exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2015 when exports increased by 681%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for zinc exports from the Dominican Republic, with a 68% share of total exports. Moreover, zinc exports to the United States exceeded the volume sent to the second major destination, Haiti (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +26.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (-17.3% per year) and Turks and Caicos Islands (+4.6% per year).

In value terms, the United States ($X) emerged as the key foreign market for zinc exports from the Dominican Republic, comprising 67% of total exports. The second position in the ranking was taken by Haiti ($X), with a 29% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +32.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (-13.7% per year) and Turks and Caicos Islands (-0.4% per year).

Export Prices by Country

The average zinc export price stood at $X per ton in 2021, declining by -8.2% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 38%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Haiti ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.

Zinc Imports

Imports into the Dominican Republic

In 2021, zinc imports into the Dominican Republic skyrocketed to X tons, picking up by 78% against 2020 figures. In general, imports, however, saw a abrupt decline. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, zinc imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a perceptible slump. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Peru (X tons), Germany (X tons) and China (X tons) were the main suppliers of zinc imports to the Dominican Republic, together accounting for 100% of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +36.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Peru ($X), Germany ($X) and China ($X) appeared to be the largest zinc suppliers to the Dominican Republic, with a combined 100% share of total imports.

Germany, with a CAGR of +42.8%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average zinc import price stood at $X per ton in 2021, growing by 29% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 38% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for zinc in the world?

China remains the largest zinc consuming country worldwide, accounting for 32% of total volume. Moreover, zinc consumption in China exceeded the figures recorded by the second-largest consumer, Peru, fourfold. The third position in this ranking was held by the United States, with an 8.8% share.

What are the largest producers of zinc in the world?

China remains the largest zinc producing country worldwide, comprising approx. 29% of total volume. Moreover, zinc production in China exceeded the figures recorded by the second-largest producer, Peru, threefold. Australia ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of zinc to the Dominican Republic?

In value terms, Peru, Germany and China constituted the largest zinc suppliers to the Dominican Republic, together accounting for 100% of total imports.

What are the leading importers of zinc from the Dominican Republic?

In value terms, the United States emerged as the key foreign market for zinc exports from the Dominican Republic, comprising 67% of total exports. The second position in the ranking was taken by Haiti, with a 29% share of total exports.

What is the average export price for zinc in the Dominican Republic?

The average zinc export price stood at $1,341 per ton in 2021, dropping by -8.2% against the previous year.

What is the average import price for zinc in the Dominican Republic?

The average zinc import price stood at $3,092 per ton in 2021, jumping by 29% against the previous year.

This report provides an in-depth analysis of the zinc market 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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023