Report Update Nov 1, 2024

Dominican Republic - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Rare Gases Market 2024

Rare Gases Exports

Exports from the Dominican Republic

In 2022, approx. X cubic meters of rare gases (excluding argon) were exported from the Dominican Republic; declining by -45.2% against the year before. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 968%. The exports peaked at X cubic meters in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, rare gases exports reduced sharply to $X in 2022. Over the period under review, exports showed a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 1,417% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X cubic meters), France (X cubic meters) and Haiti (X cubic meters) were the main destinations of rare gases exports from the Dominican Republic, together accounting for 99% of total exports.

From 2012 to 2022, the biggest increases were recorded for Haiti (with a CAGR of +9.4%), while shipments for the other leaders experienced a decline.

In value terms, France ($X) remains the key foreign market for rare gases (excluding argon) exports from the Dominican Republic, comprising 22% of total exports. The second position in the ranking was held by the United States ($X), with a 1.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to France totaled -15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-34.5% per year) and Haiti (-52.5% per year).

Export Prices by Country

The average rare gases export price stood at $X per cubic meter in 2022, with a decrease of -2.7% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rare gases export price increased by +89.1% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 70%. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per cubic meter), while the average price for exports to Haiti (less than $X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-2.8%), while the prices for the other major destinations experienced a decline.

Rare Gases Imports

Imports into the Dominican Republic

In 2022, overseas purchases of rare gases (excluding argon) decreased by -27.5% to X cubic meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 123% against the previous year. As a result, imports attained the peak of X cubic meters, and then contracted notably in the following year.

In value terms, rare gases imports stood at $X in 2022. Overall, imports, however, saw a prominent increase. The growth pace was the most rapid in 2016 when imports increased by 60%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Trinidad and Tobago (X cubic meters), Guatemala (X cubic meters) and the United States (X cubic meters) were the main suppliers of rare gases imports to the Dominican Republic, with a combined 99% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Guatemala (with a CAGR of +354.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of rare gases (excluding argon) to the Dominican Republic, comprising 75% of total imports. The second position in the ranking was held by Guatemala ($X), with a 21% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (+115.6% per year) and Trinidad and Tobago (-0.8% per year).

Import Prices by Country

In 2022, the average rare gases import price amounted to $X per cubic meter, increasing by 44% against the previous year. Over the period under review, the import price, however, recorded a abrupt slump. Over the period under review, average import prices hit record highs at $X per cubic meter in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 the United States ($X per cubic meter), while the price for Trinidad and Tobago ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rare gases (excluding argon) in the world?

The countries with the highest volumes of rare gases consumption in 2021 were China, the United States and Germany, together comprising 43% of global consumption.

What are the largest producers of rare gases (excluding argon) in the world?

The countries with the highest volumes of rare gases production in 2021 were China, the United States and Germany, with a combined 44% share of global production.

What are the leading suppliers of rare gases (excluding argon) to the Dominican Republic?

In value terms, the United States constituted the largest supplier of rare gases to the Dominican Republic, comprising 92% of total imports. The second position in the ranking was occupied by China, with a 3.6% share of total imports.

What are the leading importers of rare gases (excluding argon) from the Dominican Republic?

In value terms, France emerged as the key foreign market for rare gases exports from the Dominican Republic, comprising 90% of total exports. The second position in the ranking was occupied by the United States, with an 8.4% share of total exports.

What is the average export price for rare gases (excluding argon) in the Dominican Republic?

The average rare gases export price stood at $0.6 per cubic meter in 2021, growing by 272% against the previous year.

What is the average import price for rare gases (excluding argon) in the Dominican Republic?

In 2021, the average rare gases import price amounted to $55 per cubic meter, surging by 31% against the previous year.

This report provides an in-depth analysis of the rare gases 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 20111130 - Rare gases (excluding argon)

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:

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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
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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