Report Update Nov 1, 2024

Dominican Republic - 4-Methylpentan-2-One (Methyl Isobutyl Ketone) - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Methyl Isobutyl Ketone Market 2024

Methyl Isobutyl Ketone Market Size in the Dominican Republic

In 2022, the Dominican methyl isobutyl ketone market increased by 58% to $X, rising for the second consecutive year after two years of decline. Overall, consumption enjoyed a prominent expansion. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Methyl Isobutyl Ketone Exports

Exports from the Dominican Republic

In 2022, approx. X tons of X-methylpentan-2-one (methyl isobutyl ketone) were exported from the Dominican Republic; dropping by -57.1% against the previous year's figure. In general, exports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2013 with an increase of 1,062% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, methyl isobutyl ketone exports reduced rapidly to $X in 2022. Over the period under review, exports recorded a mild decline. The most prominent rate of growth was recorded in 2020 when exports increased by 869% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Trinidad and Tobago (X tons) was the main destination for methyl isobutyl ketone exports from the Dominican Republic, accounting for a 74% share of total exports. Moreover, methyl isobutyl ketone exports to Trinidad and Tobago exceeded the volume sent to the second major destination, Jamaica (X kg), threefold.

From 2012 to 2022, the average annual growth rate of volume to Trinidad and Tobago totaled +2.2%.

In value terms, Trinidad and Tobago ($X) emerged as the key foreign market for X-methylpentan-2-one (methyl isobutyl ketone) exports from the Dominican Republic, comprising 74% of total exports. The second position in the ranking was held by Jamaica ($X), with a 26% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Trinidad and Tobago stood at +3.6%.

Export Prices by Country

In 2022, the average methyl isobutyl ketone export price amounted to $X per ton, rising by 38% against the previous year. In general, the export price saw a measured increase. The growth pace was the most rapid in 2021 an increase of 74%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Jamaica ($X per ton), while the average price for exports to Trinidad and Tobago amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Methyl Isobutyl Ketone Imports

Imports into the Dominican Republic

In 2022, the amount of X-methylpentan-2-one (methyl isobutyl ketone) imported into the Dominican Republic surged to X tons, with an increase of 47% on the previous year. Over the period under review, imports continue to indicate pronounced growth. The growth pace was the most rapid in 2013 with an increase of 221% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, methyl isobutyl ketone imports surged to $X in 2022. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of 221%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X tons), the United States (X tons) and the Netherlands (X tons) were the main suppliers of methyl isobutyl ketone imports to the Dominican Republic.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +4.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest methyl isobutyl ketone suppliers to the Dominican Republic were Brazil ($X), the United States ($X) and the Netherlands ($X).

In terms of the main suppliers, the United States, with a CAGR of +10.5%, recorded 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

The average methyl isobutyl ketone import price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 97% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+12.9%), 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 4-methylpentan-2-one (methyl isobutyl ketone) in the world?

The countries with the highest volumes of in 2021 were China, India and the United States, together comprising 51% of global consumption. Germany, South Africa, Brazil, Mexico, Italy, Belgium, the UK, Iran and Turkey lagged somewhat behind, together accounting for a further 23%.

What are the largest producers of 4-methylpentan-2-one (methyl isobutyl ketone) in the world?

The countries with the highest volumes of in 2021 were China, the United States and South Africa, together accounting for 45% of global production.

What are the leading suppliers of 4-methylpentan-2-one (methyl isobutyl ketone) to the Dominican Republic?

In value terms, the largest methyl isobutyl ketone suppliers to the Dominican Republic were the Netherlands, the United Arab Emirates and South Korea, together accounting for 66% of total imports.

What are the leading importers of 4-methylpentan-2-one (methyl isobutyl ketone) from the Dominican Republic?

In value terms, Jamaica remains the key foreign market for methyl isobutyl ketone exports from the Dominican Republic, comprising 82% of total exports. The second position in the ranking was occupied by Trinidad and Tobago, with an 18% share of total exports.

What is the average export price for 4-methylpentan-2-one (methyl isobutyl ketone) in the Dominican Republic?

In 2021, the average methyl isobutyl ketone export price amounted to $1,439 per ton, standing approx. at the previous year.

What is the average import price for 4-methylpentan-2-one (methyl isobutyl ketone) in the Dominican Republic?

In 2021, the average methyl isobutyl ketone import price amounted to $3,290 per ton, picking up by 53% against the previous year.

This report provides an in-depth analysis of the methyl isobutyl ketone 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:

Prodcom 20146215 - 4-Methylpentan-2-one (methyl isobutyl ketone)

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