Report Update Nov 1, 2024

Dominican Republic - Carbon Dioxide - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Carbon Dioxide Market 2024

Carbon Dioxide Market Size in the Dominican Republic

The Dominican carbon dioxide market fell to $X in 2022, reducing by -12.3% 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, however, posted a resilient increase. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Carbon Dioxide Exports

Exports from the Dominican Republic

In 2022, approx. X tons of carbon dioxide were exported from the Dominican Republic; jumping by 259% on 2021. Overall, exports, however, saw a pronounced shrinkage. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, carbon dioxide exports surged to $X in 2022. In general, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 431% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons), Haiti (X tons) and Saint Lucia (X tons) were the main destinations of carbon dioxide exports from the Dominican Republic, with a combined 75% share of total exports. Curacao, Aruba and the Netherlands lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the biggest increases were recorded for Curacao (with a CAGR of +249.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for carbon dioxide exported from the Dominican Republic were the United States ($X), Haiti ($X) and Saint Lucia ($X), with a combined 82% share of total exports. Curacao, Aruba and the Netherlands lagged somewhat behind, together comprising a further 18%.

Curacao, with a CAGR of +323.9%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average carbon dioxide export price stood at $X per ton in 2022, falling by -3% against the previous year. Over the period under review, the export price, however, saw a prominent expansion. The growth pace was the most rapid in 2020 when the average export price increased by 300%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+22.1%), while the prices for the other major destinations experienced mixed trend patterns.

Carbon Dioxide Imports

Imports into the Dominican Republic

In 2022, overseas purchases of carbon dioxide decreased by -21.4% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 110% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, carbon dioxide imports reached $X in 2022. Overall, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of 104%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Trinidad and Tobago (X tons), Costa Rica (X tons) and China (X tons) were the main suppliers of carbon dioxide imports to the Dominican Republic, together comprising 95% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +93.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest carbon dioxide suppliers to the Dominican Republic were Costa Rica ($X), Trinidad and Tobago ($X) and Colombia ($X), with a combined 91% share of total imports. The United States, China and Guatemala lagged somewhat behind, together accounting for a further 8.2%.

Among the main suppliers, China, with a CAGR of +66.7%, 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 carbon dioxide import price stood at $X per ton in 2022, surging by 27% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carbon dioxide in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 40% share of global consumption. Japan, Brazil, the UK, Russia, the Netherlands, France, South Korea, Pakistan, Nigeria and Iran lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of carbon dioxide in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 41% of global production. These countries were followed by Japan, Brazil, Russia, the UK, the Netherlands, South Korea, France, Pakistan, Nigeria and Iran, which together accounted for a further 29%.

What are the leading suppliers of carbon dioxide to the Dominican Republic?

In value terms, Trinidad and Tobago, Costa Rica and the United States appeared to be the largest carbon dioxide suppliers to the Dominican Republic, together comprising 98% of total imports.

What are the leading importers of carbon dioxide from the Dominican Republic?

In value terms, Haiti remains the key foreign market for carbon dioxide exports from the Dominican Republic, comprising 74% of total exports. The second position in the ranking was occupied by the United States, with a 24% share of total exports.

What is the average export price for carbon dioxide in the Dominican Republic?

In 2021, the average carbon dioxide export price amounted to $1,011 per ton, falling by -36.7% against the previous year.

What is the average import price for carbon dioxide in the Dominican Republic?

The average carbon dioxide import price stood at $283 per ton in 2021, which is down by -35.2% against the previous year.

This report provides an in-depth analysis of the carbon dioxide 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 20111230 - Carbon dioxide

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
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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