Dominican Republic: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in the Dominican Republic

In 2022, the Dominican market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by 99% to $X, rising for the second year in a row after two years of decline. In general, consumption posted prominent growth. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in the Dominican Republic

In value terms, production of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid stood at $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 2.3%. Production of peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports from the Dominican Republic

In 2022, overseas shipments of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid decreased by -93.1% to X tons, falling for the fifth consecutive year after three years of growth. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by 76%. Over the period under review, the exports of hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid fell rapidly to $X in 2022. Over the period under review, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2013 when exports increased by 60% against the previous year. The exports peaked at $X in 2021, and then dropped sharply in the following year.

Exports by Country

Jamaica (X tons) was the main destination for exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from the Dominican Republic, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Jamaica stood at +58.3%.

In value terms, Jamaica ($X) emerged as the key foreign market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exports from the Dominican Republic.

From 2012 to 2022, the average annual rate of growth in terms of value to Jamaica totaled +110.2%.

Export Prices by Country

In 2022, the average export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $X per ton, growing by 162% against the previous year. Overall, the export price saw a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Jamaica amounted to +32.8% per year.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports into the Dominican Republic

In 2022, overseas purchases of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by 8.2% to X tons, rising for the second consecutive year after two years of decline. In general, imports showed modest growth. The growth pace was the most rapid in 2017 with an increase of 251% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid totaled $X in 2022. Overall, imports recorded tangible growth. The most prominent rate of growth was recorded in 2017 with an increase of 211% against the previous year. Over the period under review, imports of attained the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main supplier of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid 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 stood at +53.6%.

In value terms, China ($X) constituted the largest supplier of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to the Dominican Republic.

From 2012 to 2022, the average annual growth rate of value from China stood at +55.1%.

Import Prices by Country

In 2022, the average import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $X per ton, almost unchanged from the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by +76.9% against 2017 indices. The pace of growth appeared the most rapid in 2020 an increase of 28%. The import price peaked in 2022 and is likely to continue growth in the near future.

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 Taiwan (Chinese) amounted to +7.1% per year.

Source: IndexBox Platform

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