Report Update Nov 1, 2024

Dominican Republic - Colour Lakes, Preparations Based on Colour Lakes - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Colour Lake Market 2024

Colour Lake Market Size in the Dominican Republic

After five years of growth, the Dominican colour lake market decreased by -32.5% to $X in 2021. Overall, consumption, however, posted strong growth. Colour lake consumption peaked at $X in 2020, and then dropped significantly in the following year.

Colour Lake Exports

Exports from the Dominican Republic

In 2021, approx. X tons of colour lakes, preparations based on colour lakes were exported from the Dominican Republic; jumping by 532% compared with the year before. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2015 when exports increased by 3,024%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, colour lake exports soared to $X in 2021. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 3,346%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in years to come.

Exports by Country

Venezuela (X tons), the United States (X tons) and Jamaica (X tons) were the main destinations of colour lake exports from the Dominican Republic, with a combined 88% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Venezuela (with a CAGR of +151.3%), while the other leaders experienced more modest paces of growth.

In value terms, Venezuela ($X) emerged as the key foreign market for colour lakes, preparations based on colour lakes exports from the Dominican Republic, comprising 47% of total exports. The second position in the ranking was taken by the United States ($X), with a 21% share of total exports. It was followed by Haiti, with a 19% share.

From 2012 to 2021, the average annual growth rate of value to Venezuela totaled +255.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+162.1% per year) and Haiti (+169.9% per year).

Export Prices by Country

In 2021, the average colour lake export price amounted to $X per ton, with an increase of 64% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Haiti ($X per ton), while the average price for exports to the Netherlands ($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 Haiti (+11.0%), while the prices for the other major destinations experienced mixed trend patterns.

Colour Lake Imports

Imports into the Dominican Republic

In 2021, overseas purchases of colour lakes, preparations based on colour lakes decreased by -7.2% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2016 when imports increased by 114% against the previous year. Imports peaked at X tons in 2020, and then shrank in the following year.

In value terms, colour lake imports dropped to $X in 2021. Over the period under review, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of 64% against the previous year. Imports peaked at $X in 2020, and then fell in the following year.

Imports by Country

The United States (X tons), Spain (X tons) and China (X tons) were the main suppliers of colour lake imports to the Dominican Republic, together accounting for 48% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +83.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of colour lakes, preparations based on colour lakes to the Dominican Republic, comprising 61% of total imports. The second position in the ranking was taken by Spain ($X), with a 7.8% share of total imports. It was followed by Panama, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+71.1% per year) and Panama (+18.1% per year).

Import Prices by Country

The average colour lake import price stood at $X per ton in 2021, which is down by -4.3% against the previous year. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 28%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 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 the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for colour lakes, preparations based on colour lakes in the world?

The countries with the highest volumes of colour lake consumption in 2021 were China, the United States and India, with a combined 44% share of global consumption. Russia, Mexico, Nigeria, Vietnam, Canada, Turkey, Saudi Arabia, Iran, Spain and Italy lagged somewhat behind, together accounting for a further 28%.

What are the largest producers of colour lakes, preparations based on colour lakes in the world?

The countries with the highest volumes of colour lake production in 2021 were China, the United States and India, with a combined 45% share of global production. Russia, Mexico, Nigeria, Vietnam, Canada, Turkey, Saudi Arabia, Iran, Spain and the Netherlands lagged somewhat behind, together comprising a further 27%.

What are the leading suppliers of colour lakes, preparations based on colour lakes to the Dominican Republic?

In value terms, the United States constituted the largest supplier of colour lake to the Dominican Republic, comprising 55% of total imports. The second position in the ranking was occupied by Spain, with a 13% share of total imports. It was followed by Mexico, with a 12% share.

What are the leading importers of colour lakes, preparations based on colour lakes from the Dominican Republic?

In value terms, the largest markets for colour lake exported from the Dominican Republic were Haiti, the United States and Venezuela, together accounting for 99% of total exports.

What is the average export price for colour lakes, preparations based on colour lakes in the Dominican Republic?

In 2021, the average colour lake export price amounted to $4,846 per ton, reducing by -15.2% against the previous year.

What is the average import price for colour lakes, preparations based on colour lakes in the Dominican Republic?

The average colour lake import price stood at $13,310 per ton in 2021, approximately reflecting the previous year.

This report provides an in-depth analysis of the colour lake 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 20122170 - Colour lakes, preparations based on colour lakes

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