Report Update Nov 1, 2024

Dominican Republic - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Ammonium Nitrate Market 2024

Ammonium Nitrate Market Size in the Dominican Republic

The Dominican ammonium nitrate market surged to $X in 2021, growing by 72% 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). Overall, consumption saw a strong expansion. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Ammonium Nitrate Exports

Exports from the Dominican Republic

In 2021, overseas shipments of ammonium nitrate increased by 0.5% to X tons, rising for the second year in a row after four years of decline. Over the period under review, exports recorded prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 115%. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, ammonium nitrate exports reached $X in 2021. In general, exports, however, showed a pronounced decline. The growth pace was the most rapid in 2015 with an increase of 60% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Jamaica (X tons) was the main destination for ammonium nitrate exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Jamaica amounted to +9.7%.

In value terms, Jamaica ($X) emerged as the key foreign market for ammonium nitrate exports from the Dominican Republic.

From 2012 to 2021, the average annual rate of growth in terms of value to Jamaica stood at -1.6%.

Export Prices by Country

The average ammonium nitrate export price stood at $X per ton in 2021, almost unchanged from the previous year. In general, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Jamaica amounted to -10.3% per year.

Ammonium Nitrate Imports

Imports into the Dominican Republic

In 2021, ammonium nitrate imports into the Dominican Republic soared to X tons, growing by 78% against 2020. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 320% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, ammonium nitrate imports skyrocketed to $X in 2021. Overall, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 297%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest ammonium nitrate supplier to the Dominican Republic, accounting for a 77% share of total imports. Moreover, ammonium nitrate imports from Russia exceeded the figures recorded by the second-largest supplier, Chile (X tons), sixfold. The third position in this ranking was taken by Spain (X tons), with a 4.5% share.

From 2012 to 2021, the average annual growth rate of volume from Russia stood at +67.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+17.8% per year) and Spain (+37.0% per year).

In value terms, Russia ($X) constituted the largest supplier of ammonium nitrate to the Dominican Republic, comprising 72% of total imports. The second position in the ranking was taken by Chile ($X), with a 17% share of total imports. It was followed by Spain, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia totaled +60.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+10.7% per year) and Spain (+31.3% per year).

Import Prices by Country

In 2021, the average ammonium nitrate import price amounted to $X per ton, falling by -5.6% against the previous year. In general, the import price saw a deep slump. The most prominent rate of growth was recorded in 2019 an increase of 4.1% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+13.5%), 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 ammonium nitrate in the world?

The country with the largest volume of ammonium nitrate consumption was Russia, accounting for 24% of total volume. Moreover, ammonium nitrate consumption in Russia exceeded the figures recorded by the second-largest consumer, Brazil, threefold. Uzbekistan ranked third in terms of total consumption with a 5.4% share.

What are the largest producers of ammonium nitrate in the world?

The country with the largest volume of ammonium nitrate production was Russia, accounting for 41% of total volume. Moreover, ammonium nitrate production in Russia exceeded the figures recorded by the second-largest producer, Uzbekistan, sevenfold. The third position in this ranking was occupied by Saudi Arabia, with a 5.7% share.

What are the leading suppliers of ammonium nitrate to the Dominican Republic?

In value terms, Russia constituted the largest supplier of ammonium nitrate to the Dominican Republic, comprising 61% of total imports. The second position in the ranking was occupied by Chile, with a 24% share of total imports. It was followed by Spain, with a 7.5% share.

What are the leading importers of ammonium nitrate from the Dominican Republic?

In value terms, Jamaica remains the key foreign market for ammonium nitrate exports from the Dominican Republic.

What is the average export price for ammonium nitrate in the Dominican Republic?

In 2021, the average ammonium nitrate export price amounted to $480 per ton, increasing by 29% against the previous year.

What is the average import price for ammonium nitrate in the Dominican Republic?

In 2021, the average ammonium nitrate import price amounted to $374 per ton, jumping by 33% against the previous year.

This report provides an in-depth analysis of the ammonium nitrate 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:

FCL 4003 -

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