Dominican Republic: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2024

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in the Dominican Republic

The Dominican market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function expanded to $X in 2022, surging by 4.7% against the previous year. Over the period under review, consumption showed buoyant growth. Butanal butanal and acyclic aldehydes consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in the Dominican Republic

In value terms, butanal butanal and acyclic aldehydes production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 59% against the previous year. Butanal butanal and acyclic aldehydes production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports from the Dominican Republic

In 2022, after two years of decline, there was growth in overseas shipments of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function, when their volume increased by 3.2% to X kg. Overall, exports recorded significant growth. The exports peaked at X kg in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, butanal butanal and acyclic aldehydes exports dropped slightly to $X in 2022. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 6.4% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined modestly in the following year.

Exports by Country

Guatemala (X kg) was the main destination for butanal butanal and acyclic aldehydes exports from the Dominican Republic, with a 83% share of total exports. Moreover, butanal butanal and acyclic aldehydes exports to Guatemala exceeded the volume sent to the second major destination, Germany (X kg), tenfold.

From 2015 to 2022, the average annual growth rate of volume to Guatemala stood at -8.9%.

In value terms, Guatemala ($X) remains the key foreign market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function exports from the Dominican Republic, comprising 68% of total exports. The second position in the ranking was held by Germany ($X), with a 16% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of value to Guatemala amounted to -9.2%.

Export Prices by Country

In 2022, the average export price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function amounted to $X per ton, dropping by -5.9% against the previous year. Overall, the export price, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 13% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Guatemala amounted to $X per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (-0.4%).

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports into the Dominican Republic

In 2022, the amount of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function imported into the Dominican Republic skyrocketed to X tons, picking up by 188% compared with 2021. Overall, imports showed a significant increase. The growth pace was the most rapid in 2015 when imports increased by 24,946% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, butanal butanal and acyclic aldehydes imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2015 with an increase of 26,611%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main butanal butanal and acyclic aldehydes supplier to the Dominican Republic, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +101.3%.

In value terms, China ($X) constituted the largest supplier of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function to the Dominican Republic.

From 2012 to 2022, the average annual growth rate of value from China totaled +92.4%.

Import Prices by Country

In 2022, the average import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function amounted to $X per ton, rising by 5.8% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 12% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +2.4% per year.

Source: IndexBox Platform

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