Dominican Republic: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2024

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in the Dominican Republic

The Dominican hypochlorites, chlorites and hypobromites market reduced slightly to $X in 2022, waning by -3.1% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Hypochlorites, chlorites and hypobromites consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in the Dominican Republic

In value terms, hypochlorites, chlorites and hypobromites production reduced modestly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 15%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports from the Dominican Republic

Hypochlorites, chlorites and hypobromites exports from the Dominican Republic skyrocketed to X tons in 2022, jumping by 45% against the previous year. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 265% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, hypochlorites, chlorites and hypobromites exports soared to $X in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 366%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for hypochlorites, chlorites and hypobromites exports from the Dominican Republic, with a 67% share of total exports. Moreover, hypochlorites, chlorites and hypobromites exports to the United States exceeded the volume sent to the second major destination, Haiti (X tons), threefold. Barbados (X tons) ranked third in terms of total exports with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +53.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (+18.5% per year) and Barbados (+273.3% per year).

In value terms, the United States ($X), Haiti ($X) and Barbados ($X) constituted the largest markets for hypochlorites, chlorites and hypobromites exported from the Dominican Republic worldwide, with a combined 95% share of total exports.

Barbados, with a CAGR of +254.7%, saw the highest rates of growth with regard to the value of exports, among 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 hypochlorites, chlorites and hypobromites export price stood at $X per ton in 2022, growing by 3.4% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2013 an increase of 49% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($X per ton), while the average price for exports to Barbados ($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 (+2.9%), while the prices for the other major destinations experienced a decline.

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports into the Dominican Republic

In 2022, supplies from abroad of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites increased by 184% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a slight curtailment. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, hypochlorites, chlorites and hypobromites imports soared to $X in 2022. Over the period under review, imports showed a notable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the United States (X tons) and India (X tons) were the main suppliers of hypochlorites, chlorites and hypobromites imports to the Dominican Republic, together comprising 95% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +46.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hypochlorites, chlorites and hypobromites suppliers to the Dominican Republic were the United States ($X), China ($X) and India ($X), with a combined 96% share of total imports. Mexico and Singapore lagged somewhat behind, together accounting for a further 4.3%.

In terms of the main suppliers, Singapore, with a CAGR of +58.2%, 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

In 2022, the average hypochlorites, chlorites and hypobromites import price amounted to $X per ton, surging by 4.6% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hypochlorites, chlorites and hypobromites import price increased by +59.1% against 2018 indices. The growth pace was the most rapid in 2016 when the average import price increased by 57% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+38.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :