Dominican Republic: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in the Dominican Republic

In 2021, the Dominican market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals decreased by -1.1% to $X for the first time since 2016, thus ending a four-year rising trend. The market value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Consumption of peaked at $X in 2020, and then shrank slightly in the following year.

Production of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in the Dominican Republic

In value terms, production of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals contracted modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 26%. Production of peaked at $X in 2020, and then reduced modestly in the following year.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports from the Dominican Republic

In 2019, the amount of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals exported from the Dominican Republic totaled X kg, remaining constant against the previous year's figure. Over the period under review, exports showed a abrupt shrinkage. The smallest decline of -27.7% was in 2014. Over the period under review, the exports of reached the maximum at X tons in 2013; however, from 2014 to 2019, the exports stood at a somewhat lower figure.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals totaled $X in 2019. In general, exports saw a dramatic descent. The smallest decline of -30.5% was in 2014. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2019, the exports remained at a lower figure.

Exports by Country

Cuba (X kg) was the main destination for exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from the Dominican Republic, with a approx. 100% share of total exports.

From 2013 to 2019, the average annual rate of growth in terms of volume to Cuba was relatively modest.

From 2013 to 2019, the average annual growth rate of value to Cuba was relatively modest.

Export Prices by Country

In 2019, the average export price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2015 when the average export price decreased by -3.8% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2019, the export prices failed to regain momentum.

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

From 2013 to 2019, the rate of growth in terms of prices for Cuba amounted to 0.0% per year.

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports into the Dominican Republic

In 2021, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals into the Dominican Republic surged to X tons, with an increase of 140% compared with the previous year. In general, imports continue to indicate resilient growth. The growth pace was the most rapid in 2017 with an increase of 193% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals soared to $X in 2021. Overall, imports posted measured growth. The most prominent rate of growth was recorded in 2017 with an increase of 138%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Mexico (X tons) constituted the largest supplier of chlorides and phosphorus oxychloride and halides to the Dominican Republic, with a 60% share of total imports. Moreover, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from Mexico exceeded the figures recorded by the second-largest supplier, the United States (X kg), threefold. The third position in this ranking was taken by Germany (X kg), with a 16% share.

From 2012 to 2021, the average annual growth rate of volume from Mexico amounted to +55.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+8.1% per year) and Germany (+13.7% per year).

In value terms, the largest chlorides and phosphorus oxychloride and halides suppliers to the Dominican Republic were Germany ($X), the United States ($X) and Mexico ($X), with a combined 100% share of total imports.

Mexico, with a CAGR of +29.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X per ton in 2021, waning by -4.6% against the previous year. Over the period under review, the import price showed a perceptible contraction. The growth pace was the most rapid in 2020 an increase of 42%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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