Dominican Republic: Market for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates 2025

Market Size for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in the Dominican Republic

The Dominican chlorates, bromates and iodates market surged to $X in 2021, with an increase of 101% 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). In general, consumption continues to indicate a noticeable increase. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Exports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Exports from the Dominican Republic

In 2021, shipments abroad of chlorates and perchlorates, bromates and perbromates, iodates and periodates decreased by -6.4% to X kg for the first time since 2018, thus ending a two-year rising trend. In general, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 170%. Over the period under review, the exports reached the maximum at X kg in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, chlorates, bromates and iodates exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 139% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Haiti (X kg) was the main destination for chlorates, bromates and iodates exports from the Dominican Republic, with a 67% share of total exports. Moreover, chlorates, bromates and iodates exports to Haiti exceeded the volume sent to the second major destination, Jamaica (X kg), fourfold. The third position in this ranking was held by Trinidad and Tobago (X kg), with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Haiti amounted to +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (+11.4% per year) and Trinidad and Tobago (+18.4% per year).

In value terms, the largest markets for chlorates, bromates and iodates exported from the Dominican Republic were Haiti ($X), Jamaica ($X) and Trinidad and Tobago ($X), with a combined 88% share of total exports.

Among the main countries of destination, Trinidad and Tobago, with a CAGR of +57.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average chlorates, bromates and iodates export price stood at $X per ton in 2021, surging by 67% against the previous year. Over the period under review, the export price saw a buoyant increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 89%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Trinidad and Tobago ($X per ton), while the average price for exports to Haiti ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Barbados (+162.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Imports into the Dominican Republic

In 2021, approx. X tons of chlorates and perchlorates, bromates and perbromates, iodates and periodates were imported into the Dominican Republic; jumping by 100% against 2020 figures. Over the period under review, imports showed a perceptible increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chlorates, bromates and iodates imports soared to $X in 2021. In general, imports showed a strong increase. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Sweden (X tons), India (X tons) and Germany (X tons) were the main suppliers of chlorates, bromates and iodates imports to the Dominican Republic, together comprising 58% of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +29.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Sweden ($X) and Chile ($X) constituted the largest chlorates, bromates and iodates suppliers to the Dominican Republic, with a combined 54% share of total imports. These countries were followed by India and the United States, which together accounted for a further 7.3%.

Among the main suppliers, India, with a CAGR of +12.9%, saw 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 chlorates, bromates and iodates import price stood at $X per ton in 2021, approximately mirroring the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2013 when the average import price increased by 15%. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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 Chile ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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