Report Update Nov 1, 2024

Dominican Republic - Naphthalene and Other Aromatic Hydrocarbon Mixtures - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Aromatic Hydrocarbon Mixtures Market 2024

Aromatic Hydrocarbon Mixtures Market Size in the Dominican Republic

In 2022, the Dominican aromatic hydrocarbon mixtures market increased by 341% to $X, rising for the third year in a row after three years of decline. Overall, consumption, however, showed a dramatic setback. Aromatic hydrocarbon mixtures consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Aromatic Hydrocarbon Mixtures Exports

Exports from the Dominican Republic

In 2022, exports of naphthalene and other aromatic hydrocarbon mixtures from the Dominican Republic dropped remarkably to X kg, which is down by -87.8% compared with the year before. In general, exports recorded a sharp downturn. The pace of growth appeared the most rapid in 2013 with an increase of 45%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, aromatic hydrocarbon mixtures exports shrank sharply to $X in 2022. Over the period under review, exports faced a dramatic downturn. The pace of growth was the most pronounced in 2013 with an increase of 76% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Jamaica (X kg) was the main destination for aromatic hydrocarbon mixtures exports from the Dominican Republic, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Jamaica stood at -20.5%.

In value terms, Jamaica ($X) emerged as the key foreign market for naphthalene and other aromatic hydrocarbon mixtures exports from the Dominican Republic.

From 2012 to 2022, the average annual rate of growth in terms of value to Jamaica amounted to -17.9%.

Export Prices by Country

In 2022, the average aromatic hydrocarbon mixtures export price amounted to $X per ton, falling by -46.7% against the previous year. In general, the export price, however, posted perceptible growth. The pace of growth appeared the most rapid in 2018 an increase of 59%. The export price peaked at $X per ton in 2021, and then fell remarkably in the following year.

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 the United States amounted to +11.0% per year.

Aromatic Hydrocarbon Mixtures Imports

Imports into the Dominican Republic

In 2022, supplies from abroad of naphthalene and other aromatic hydrocarbon mixtures increased by 231% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, imports, however, continue to indicate a dramatic descent. The growth pace was the most rapid in 2016 when imports increased by 6,609%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, aromatic hydrocarbon mixtures imports surged to $X in 2022. In general, imports, however, saw a precipitous descent. The growth pace was the most rapid in 2016 when imports increased by 5,837% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of aromatic hydrocarbon mixtures to the Dominican Republic, with a 90% share of total imports. Moreover, aromatic hydrocarbon mixtures imports from the United States exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at -42.3%.

In value terms, the United States ($X) constituted the largest supplier of naphthalene and other aromatic hydrocarbon mixtures to the Dominican Republic, comprising 88% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to -37.6%.

Import Prices by Country

In 2022, the average aromatic hydrocarbon mixtures import price amounted to $X per ton, rising by 34% against the previous year. Overall, the import price continues to indicate a resilient expansion. The growth pace was the most rapid in 2018 an increase of 38% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for naphthalene and other aromatic hydrocarbon mixtures in the world?

The countries with the highest volumes of in 2021 were China, Angola and Belgium, together comprising 53% of global consumption.

What are the largest producers of naphthalene and other aromatic hydrocarbon mixtures in the world?

Angola remains the largest aromatic hydrocarbon mixtures producing country worldwide, comprising approx. 28% of total volume. Moreover, aromatic hydrocarbon mixtures production in Angola exceeded the figures recorded by the second-largest producer, Malaysia, fourfold. The third position in this ranking was occupied by the Netherlands, with a 5.8% share.

What are the leading suppliers of naphthalene and other aromatic hydrocarbon mixtures to the Dominican Republic?

In value terms, the United States constituted the largest supplier of aromatic hydrocarbon mixtures to the Dominican Republic, comprising 89% of total imports. The second position in the ranking was occupied by India, with a 4.5% share of total imports. It was followed by the Netherlands, with a 3.8% share.

What are the leading importers of naphthalene and other aromatic hydrocarbon mixtures from the Dominican Republic?

In value terms, Jamaica, the United States and Grenada $766) were the largest markets for aromatic hydrocarbon mixtures exported from the Dominican Republic worldwide.

What is the average export price for naphthalene and other aromatic hydrocarbon mixtures in the Dominican Republic?

The average aromatic hydrocarbon mixtures export price stood at $1,489 per ton in 2021, with a decrease of -33.9% against the previous year.

What is the average import price for naphthalene and other aromatic hydrocarbon mixtures in the Dominican Republic?

In 2021, the average aromatic hydrocarbon mixtures import price amounted to $681 per ton, rising by 2.8% against the previous year.

This report provides an in-depth analysis of the aromatic hydrocarbon mixtures 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 20147340 - Naphthalene and other aromatic hydrocarbon mixtures (excluding benzole, toluole, xylole)

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