Report Update Nov 1, 2024

Dominican Republic - 2,2-Oxydiethanol (Diethylene Glycol, Digol) - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Market for 2,2-Oxydiethanol (Diethylene Glycol, Digol) 2024

Market Size for 2,2-Oxydiethanol (Diethylene Glycol, Digol) in the Dominican Republic

In 2021, after six years of decline, there was significant growth in the Dominican diethylene glycol and digol market, when its value increased by 1,718% to $X. In general, consumption saw a perceptible expansion. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Exports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Exports from the Dominican Republic

Diethylene glycol and digol exports from the Dominican Republic stood at X kg in 2019, remaining constant against the previous year's figure. Over the period under review, exports continue to indicate a strong expansion. The smallest decline of 99.9% was in 2016. Over the period under review, the exports attained the maximum in 2019 and are expected to retain growth in the immediate term.

In value terms, diethylene glycol and digol exports totaled $X in 2019. In general, exports saw a noticeable curtailment. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2019, the exports failed to regain momentum.

Exports by Country

Haiti (X kg) was the main destination for diethylene glycol and digol exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2015 to 2019, the average annual growth rate of volume to Haiti was relatively modest.

From 2015 to 2019, the average annual growth rate of value to Haiti was relatively modest.

Export Prices by Country

The average diethylene glycol and digol export price stood at $X per ton in 2019, remaining stable against the previous year. Over the period under review, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2016 a decrease of 99.9%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2019, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Haiti.

From 2015 to 2019, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Imports into the Dominican Republic

After six years of decline, overseas purchases of X-oxydiethanol (diethylene glycol, digol) increased by 1,153% to X tons in 2021. Over the period under review, imports continue to indicate measured growth. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, diethylene glycol and digol imports soared to $X in 2021. In general, imports posted a buoyant increase. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest diethylene glycol and digol supplier to the Dominican Republic, with a 84% share of total imports. Moreover, diethylene glycol and digol imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), eightfold. Spain (X tons) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.6% per year) and Spain (-14.0% per year).

In value terms, China ($X) constituted the largest supplier of X-oxydiethanol (diethylene glycol, digol) to the Dominican Republic, comprising 64% of total imports. The second position in the ranking was held by the United States ($X), with a 26% share of total imports. It was followed by Mexico, with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +23.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+14.4% per year) and Mexico (-17.1% per year).

Import Prices by Country

The average diethylene glycol and digol import price stood at $X per ton in 2021, surging by 125% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+45.7%), 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 2,2-oxydiethanol (diethylene glycol, digol) in the world?

The countries with the highest volumes of in 2021 were China, Saudi Arabia and Taiwan Chinese), with a combined 58% share of global consumption.

What are the largest producers of 2,2-oxydiethanol (diethylene glycol, digol) in the world?

Saudi Arabia remains the largest diethylene glycol and digol producing country worldwide, comprising approx. 39% of total volume. Moreover, diethylene glycol and digol production in Saudi Arabia exceeded the figures recorded by the second-largest producer, Canada, fourfold. The third position in this ranking was occupied by Taiwan Chinese), with a 9.8% share.

What are the leading suppliers of 2,2-oxydiethanol (diethylene glycol, digol) to the Dominican Republic?

In value terms, Mexico constituted the largest supplier of diethylene glycol and digol to the Dominican Republic, comprising 94% of total imports. The second position in the ranking was occupied by the United States, with a 3.8% share of total imports.

What is the average export price for 2,2-oxydiethanol (diethylene glycol, digol) in the Dominican Republic?

In 2015, the average diethylene glycol and digol export price amounted to $2,000 per ton, leveling off at the previous year.

What is the average import price for 2,2-oxydiethanol (diethylene glycol, digol) in the Dominican Republic?

In 2021, the average diethylene glycol and digol import price amounted to $1,489 per ton, shrinking by -13.2% against the previous year.

This report provides an in-depth analysis of the market for diethylene glycol and digol 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:

Prodcom 20146333 - 2,2-Oxydiethanol (diethylene glycol, digol)

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