Report Update Nov 1, 2024

Dominican Republic - M-Xylene and Mixed Xylene Isomers - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: M-Xylene And Xylenes Market 2024

M-Xylene And Xylenes Market Size in the Dominican Republic

The Dominican m-xylene and xylenes market surged to $X in 2022, jumping by 36% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. X-xylene and xylenes consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

M-Xylene And Xylenes Production in the Dominican Republic

In value terms, m-xylene and xylenes production amounted to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. Over the period under review, production attained the peak level in 2022 and is expected to retain growth in the immediate term.

M-Xylene And Xylenes Exports

Exports from the Dominican Republic

In 2022, overseas shipments of m-xylene and mixed xylene isomers increased by 1.6% to X tons, rising for the third consecutive year after two years of decline. In general, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2014 when exports increased by 313% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, m-xylene and xylenes exports expanded slightly to $X in 2022. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 162% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Trinidad and Tobago (X tons) was the main destination for m-xylene and xylenes exports from the Dominican Republic, accounting for a 91% share of total exports. Moreover, m-xylene and xylenes exports to Trinidad and Tobago exceeded the volume sent to the second major destination, Jamaica (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume to Trinidad and Tobago totaled +20.9%.

In value terms, Trinidad and Tobago ($X) remains the key foreign market for m-xylene and mixed xylene isomers exports from the Dominican Republic, comprising 90% of total exports. The second position in the ranking was taken by Jamaica ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Trinidad and Tobago amounted to +20.6%.

Export Prices by Country

The average m-xylene and xylenes export price stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the export price, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2013 an increase of 61%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Jamaica ($X per ton), while the average price for exports to Trinidad and Tobago totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (-0.2%).

M-Xylene And Xylenes Imports

Imports into the Dominican Republic

In 2022, approx. X tons of m-xylene and mixed xylene isomers were imported into the Dominican Republic; with a decrease of -99.8% against the previous year. Over the period under review, imports saw a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 278% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, m-xylene and xylenes imports dropped sharply to $X in 2022. In general, imports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 233% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) was the main m-xylene and xylenes supplier to the Dominican Republic, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled -39.0%.

In value terms, the United States ($X) constituted the largest supplier of m-xylene and mixed xylene isomers to the Dominican Republic.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at -37.6%.

Import Prices by Country

The average m-xylene and xylenes import price stood at $X per ton in 2022, surging by 99% against the previous year. Overall, the import price saw noticeable growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for m-xylene and mixed xylene isomers in the world?

The countries with the highest volumes of in 2021 were China, Belgium and the United States, with a combined 40% share of global consumption. India, Portugal, Japan, Canada, Germany, Indonesia, Slovakia, Russia, Brazil and the UK lagged somewhat behind, together accounting for a further 38%.

What are the largest producers of m-xylene and mixed xylene isomers in the world?

The countries with the highest volumes of in 2021 were China, the United States and Japan, with a combined 42% share of global production. India, Portugal, South Korea, Iran, Germany, Slovakia, Russia, the UK, Brazil and Algeria lagged somewhat behind, together comprising a further 42%.

What are the leading suppliers of m-xylene and mixed xylene isomers to the Dominican Republic?

In value terms, the largest m-xylene and xylenes suppliers to the Dominican Republic were Colombia and the United States.

What are the leading importers of m-xylene and mixed xylene isomers from the Dominican Republic?

In value terms, the largest markets for m-xylene and xylenes exported from the Dominican Republic were Jamaica and Trinidad and Tobago.

What is the average export price for m-xylene and mixed xylene isomers in the Dominican Republic?

In 2021, the average m-xylene and xylenes export price amounted to $986 per ton, dropping by -2% against the previous year.

What is the average import price for m-xylene and mixed xylene isomers in the Dominican Republic?

The average m-xylene and xylenes import price stood at $711 per ton in 2021, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the m-xylene and xylenes 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 20141247 - m-Xylene and mixed xylene isomers

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