Report Update Nov 1, 2024

Dominican Republic - Lysine and Its Esters, and Salts Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Lysine Market 2024

Lysine Market Size in the Dominican Republic

The Dominican lysine market soared to $X in 2022, surging by 49% 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). Overall, consumption continues to indicate a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Lysine Exports

Exports from the Dominican Republic

In 2022, the amount of lysine and its esters, and salts thereof exported from the Dominican Republic reduced rapidly to X kg, waning by -40.5% against the previous year's figure. In general, exports faced a dramatic setback. The smallest decline of -13.6% was in 2015. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, lysine exports contracted sharply to $X in 2022. Over the period under review, exports showed a precipitous shrinkage. The smallest decline of -10.1% was in 2019. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Haiti (X kg) was the main destination for lysine exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Haiti totaled +132.1%.

In value terms, Haiti ($X) emerged as the key foreign market for lysine and its esters, and salts thereof exports from the Dominican Republic.

From 2012 to 2022, the average annual growth rate of value to Haiti totaled +274.4%.

Export Prices by Country

The average lysine export price stood at $X per ton in 2022, dropping by -19.7% against the previous year. Over the period under review, the export price, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 372% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced dramatically in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to +61.3% per year.

Lysine Imports

Imports into the Dominican Republic

After two years of decline, overseas purchases of lysine and its esters, and salts thereof increased by 62% to X tons in 2022. Over the period under review, imports continue to indicate resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lysine imports soared to $X in 2022. Overall, imports enjoyed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest lysine supplier to the Dominican Republic, with a 65% share of total imports. Moreover, lysine imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +23.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-4.3% per year) and the United States (+9.6% per year).

In value terms, China ($X), Brazil ($X) and the United States ($X) appeared to be the largest lysine suppliers to the Dominican Republic, with a combined 99% share of total imports.

In terms of the main suppliers, China, with a CAGR of +18.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average lysine import price stood at $X per ton in 2022, waning by -10.3% against the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The growth pace was the most rapid in 2021 when the average import price increased by 48%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lysine and its esters, and salts thereof in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, together accounting for 38% of global consumption. These countries were followed by Japan, Germany, Brazil, Indonesia, Russia, the UK, Spain, Turkey, Thailand and South Korea, which together accounted for a further 35%.

What are the largest producers of lysine and its esters, and salts thereof in the world?

China constituted the country with the largest volume of lysine production, accounting for 34% of total volume. Moreover, lysine production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.6% share.

What are the leading suppliers of lysine and its esters, and salts thereof to the Dominican Republic?

In value terms, the largest lysine suppliers to the Dominican Republic were Brazil, China and the United States, with a combined 96% share of total imports. These countries were followed by the Netherlands and Italy, which together accounted for a further 2.9%.

What is the average export price for lysine and its esters, and salts thereof in the Dominican Republic?

The average lysine export price stood at $2,155 per ton in 2020, remaining stable against the previous year.

What is the average import price for lysine and its esters, and salts thereof in the Dominican Republic?

The average lysine import price stood at $1,853 per ton in 2021, stabilizing at the previous year.

This report provides an in-depth analysis of the lysine 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 21102010 - Lysine and its esters, and salts thereof

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
Find deeper insights into current market developments
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