Dominican Republic: Anti-Oxidising Preparations Market 2024

Anti-Oxidising Preparations Market Size in the Dominican Republic

The Dominican anti-oxidising preparations market amounted to less than $X in 2022, approximately reflecting the previous year. In general, consumption, however, showed significant growth. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Anti-Oxidising Preparations Production in the Dominican Republic

In value terms, anti-oxidising preparations production amounted to less than $X in 2022 estimated in export price. Overall, production recorded a drastic downturn. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Anti-oxidising preparations production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Anti-Oxidising Preparations Exports

Exports from the Dominican Republic

In 2016, approx. X tons of anti-oxidising preparations and other compounds stabilisers for rubber or plastics were exported from the Dominican Republic; picking up by X% compared with 2015. Over the period under review, total exports indicated moderate growth from 2012 to 2016: its volume increased at an average annual rate of X% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, exports decreased by X% against 2014 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2016, the growth of the exports remained at a lower figure.

In value terms, anti-oxidising preparations exports expanded slightly to $X in 2016. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2016, the growth of the exports failed to regain momentum.

Exports by Country

Trinidad and Tobago (X tons) was the main destination for anti-oxidising preparations exports from the Dominican Republic, with a X% share of total exports. Moreover, anti-oxidising preparations exports to Trinidad and Tobago exceeded the volume sent to the second major destination, Guatemala (X tons), twofold.

From 2012 to 2016, the average annual growth rate of volume to Trinidad and Tobago was relatively modest.

In value terms, Trinidad and Tobago ($X) emerged as the key foreign market for anti-oxidising preparations and other compounds stabilisers for rubber or plastics exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by Guatemala ($X), with a X% share of total exports.

From 2012 to 2016, the average annual rate of growth in terms of value to Trinidad and Tobago was relatively modest.

Export Prices by Country

The average anti-oxidising preparations export price stood at $X per ton in 2016, with a decrease of X% against the previous year. Over the period under review, the export price, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015, and then reduced markedly in the following year.

Average prices varied noticeably for the major foreign markets. In 2016, amid the top suppliers, the country with the highest price was Trinidad and Tobago ($X per ton), while the average price for exports to Guatemala amounted to $X per ton.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (X%).

Anti-Oxidising Preparations Imports

Imports into the Dominican Republic

For the fifth consecutive year, the Dominican Republic recorded growth in overseas purchases of anti-oxidising preparations and other compounds stabilisers for rubber or plastics, which increased by X% to X tons in 2016. In general, total imports indicated a resilient expansion from 2012 to 2016: its volume increased at an average annual rate of X% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, imports increased by X% against 2012 indices. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs in 2016 and are expected to retain growth in the immediate term.

In value terms, anti-oxidising preparations imports rose modestly to $X in 2016. Over the period under review, total imports indicated a remarkable increase from 2012 to 2016: its value increased at an average annual rate of X% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, imports decreased by X% against 2014 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of $X; afterwards, it flattened through to 2016.

Imports by Country

The United States (X tons), Mexico (X tons) and Colombia (X tons) were the main suppliers of anti-oxidising preparations imports to the Dominican Republic, together accounting for X% of total imports. Germany, China, Panama and South Korea lagged somewhat behind, together comprising a further X%.

From 2012 to 2016, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Mexico ($X) and Colombia ($X) were the largest anti-oxidising preparations suppliers to the Dominican Republic, with a combined X% share of total imports. Panama, Germany, China and South Korea lagged somewhat behind, together accounting for a further X%.

China, with a CAGR of X%, recorded 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 more modest paces of growth.

Import Prices by Country

In 2016, the average anti-oxidising preparations import price amounted to $X per ton, waning by X% against the previous year. In general, the import price saw a pronounced contraction. The growth pace was the most rapid in 2013 a decrease of less than X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2016, import prices failed to regain momentum.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Panama (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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