Dominican Republic: Market for Activated Natural Mineral Products 2025

Market Size for Activated Natural Mineral Products in the Dominican Republic

The Dominican activated natural mineral products market rose rapidly to $X in 2021, growing by 7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a temperate expansion. Activated natural mineral products consumption peaked in 2021 and is likely to continue growth in years to come.

Exports of Activated Natural Mineral Products

Exports from the Dominican Republic

In 2021, overseas shipments of activated natural mineral products increased by 618% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports, however, recorded a abrupt contraction. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, activated natural mineral products exports skyrocketed to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 597%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for activated natural mineral products exports from the Dominican Republic, accounting for a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at -15.8%.

In value terms, the United States ($X) also remains the key foreign market for activated natural mineral products exports from the Dominican Republic.

From 2012 to 2021, the average annual growth rate of value to the United States was relatively modest.

Export Prices by Country

The average activated natural mineral products export price stood at $X per ton in 2021, reducing by -39.3% against the previous year. In general, the export price, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2016 an increase of 157%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +18.8% per year.

Imports of Activated Natural Mineral Products

Imports into the Dominican Republic

In 2021, purchases abroad of activated natural mineral products increased by 9.6% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, imports enjoyed slight growth. The growth pace was the most rapid in 2019 when imports increased by 125% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, activated natural mineral products imports reached $X in 2021. Overall, imports enjoyed a slight increase. The pace of growth was the most pronounced in 2019 with an increase of 127%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Mexico (X tons), the United States (X tons) and Brazil (X tons) were the main suppliers of activated natural mineral products imports to the Dominican Republic, with a combined 88% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +21.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Mexico ($X) and Brazil ($X) constituted the largest activated natural mineral products suppliers to the Dominican Republic, together comprising 75% of total imports.

Brazil, with a CAGR of +24.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average activated natural mineral products import price stood at $X per ton in 2021, with an increase of 1.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 18%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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