Report Update Nov 1, 2024

Dominican Republic - Other Chemical Products - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Other Chemical Products Market 2024

Other Chemical Products Market Size in the Dominican Republic

The Dominican other chemical products market declined to $X in 2022, with a decrease of -6.5% 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). In general, consumption, however, continues to indicate a abrupt downturn. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Other Chemical Products Exports

Exports from the Dominican Republic

Other chemical products exports from the Dominican Republic expanded notably to X tons in 2022, picking up by 7.4% against 2021. Overall, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 28% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, other chemical products exports expanded significantly to $X in 2022. In general, exports, however, continue to indicate a dramatic decrease. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Saint Lucia (X tons) was the main destination for other chemical products 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 Saint Lucia was relatively modest.

In value terms, Saint Lucia ($X) also remains the key foreign market for other chemical products exports from the Dominican Republic.

From 2012 to 2022, the average annual rate of growth in terms of value to Saint Lucia amounted to -2.8%.

Export Prices by Country

In 2022, the average other chemical products export price amounted to $X per ton, almost unchanged from the previous year. Overall, the export price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 26%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +43.7% per year.

Other Chemical Products Imports

Imports into the Dominican Republic

In 2022, purchases abroad of other chemical products increased by 20% to X tons, rising for the second consecutive year after four years of decline. In general, imports, however, saw a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 97% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, other chemical products imports contracted sharply to $X in 2022. Overall, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 57% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Mexico (X tons) was the main other chemical products supplier to the Dominican Republic, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Mexico totaled +15.9%.

In value terms, Mexico ($X) constituted the largest supplier of other chemical products to the Dominican Republic.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico amounted to +3.5%.

Import Prices by Country

In 2022, the average other chemical products import price amounted to $X per ton, waning by -30.7% against the previous year. Overall, the import price recorded a mild shrinkage. The growth pace was the most rapid in 2020 an increase of 51%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +11.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for other chemical products in the world?

China constituted the country with the largest volume of other chemical products consumption, comprising approx. 24% of total volume. Moreover, other chemical products consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 7.4% share.

What are the largest producers of other chemical products in the world?

China remains the largest other chemical products producing country worldwide, comprising approx. 26% of total volume. Moreover, other chemical products production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of other chemical products to the Dominican Republic?

In value terms, the United States constituted the largest supplier of other chemical products to the Dominican Republic, comprising 68% of total imports. The second position in the ranking was occupied by Mexico, with an 11% share of total imports. It was followed by Denmark, with a 6.8% share.

What are the leading importers of other chemical products from the Dominican Republic?

In value terms, the largest markets for other chemical products exported from the Dominican Republic were Barbados, Saint Lucia and Cuba, together accounting for 56% of total exports. Colombia, the United States, Chile and China lagged somewhat behind, together accounting for a further 29%.

What is the average export price for other chemical products in the Dominican Republic?

The average other chemical products export price stood at $9,199 per ton in 2021, rising by 17% against the previous year.

What is the average import price for other chemical products in the Dominican Republic?

The average other chemical products import price stood at $4,522 per ton in 2021, declining by -17% against the previous year.

This report provides an in-depth analysis of the other chemical products 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 20595730 - Naphthenic acids, their water-insoluble salts and their esters
Prodcom 20595910 - Ion-exchangers, getters for vacuum tubes, petroleum sulphonates (excluding petroleum sulphonates of alkali metals, of ammonium or of ethanolamines), thiophenated sulphonic acids of oils obtained from bituminous minerals, a nd their salts
Prodcom 20595920 - Pyrolignites, crude calcium tartrate, crude calcium citrate, antirust preparations containing amines as active constituents
Prodcom 20595930 - Inorganic composite solvents and thinners for varnishes and similar products
Prodcom 20595940 - Anti-scaling and similar compounds
Prodcom 20595953 - Preparations for electroplating
Prodcom 20595957 - Mixtures of mono-, di-and tri-, fatty acid esters of glycerol (emulsifiers for fats)
Prodcom 20595963 - Products and preparations for pharmaceutical or surgical uses
Prodcom 20595965 - Auxiliary products for foundries (excluding prepared binders for foundry moulds or cores)
Prodcom 20595967 - Fire-proofing, water-proofing and similar protective preparations used in the building industry
Prodcom 20595993 - Other chemical products, n.e.c.
Prodcom 21201380 - Other medicaments of mixed or unmixed products, p.r.s., n .e.c.

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