Report Update Nov 1, 2024

Dominican Republic - Saccharin and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Saccharin Market 2024

Saccharin Market Size in the Dominican Republic

In 2021, the Dominican saccharin market increased by 5.9% to $X for the first time since 2015, thus ending a five-year declining trend. Overall, consumption showed a abrupt descent. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Saccharin Exports

Exports from the Dominican Republic

For the fourth year in a row, the Dominican Republic recorded decline in shipments abroad of saccharin and its salts, which decreased by -31.8% to X kg in 2021. In general, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2017 when exports increased by 365%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, saccharin exports contracted dramatically to $X in 2021. Overall, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2017 when exports increased by 659% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Haiti (X kg), the United States (X kg) and Guatemala (X kg) were the main destinations of saccharin exports from the Dominican Republic, together accounting for 100% of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +14.6%), while shipments for the other leaders experienced a decline.

In value terms, Haiti ($X) remains the key foreign market for saccharin and its salts exports from the Dominican Republic, comprising 74% of total exports. The second position in the ranking was taken by Guatemala ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Haiti stood at -6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (-15.3% per year) and the United States (-16.8% per year).

Export Prices by Country

In 2021, the average saccharin export price amounted to $X per ton, which is down by -4.3% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 63% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.

Saccharin Imports

Imports into the Dominican Republic

In 2021, approx. X tons of saccharin and its salts were imported into the Dominican Republic; waning by -13.6% against 2020 figures. In general, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2015 when imports increased by 93% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, saccharin imports soared to $X in 2021. Over the period under review, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2015 with an increase of 126%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), the United States (X tons) and Guatemala (X tons) were the main suppliers of saccharin imports to the Dominican Republic, together comprising 95% of total imports. Spain lagged somewhat behind, comprising a further 2.5%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +54.5%), while imports for the other leaders experienced a decline.

In value terms, China ($X), the United States ($X) and Guatemala ($X) appeared to be the largest saccharin suppliers to the Dominican Republic, together accounting for 96% of total imports. Spain lagged somewhat behind, comprising a further 1%.

Spain, with a CAGR of +46.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average saccharin import price stood at $X per ton in 2021, surging by 39% against the previous year. In general, import price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saccharin and its salts in the world?

The countries with the highest volumes of in 2021 were China, the United States and South Korea, together accounting for 32% of global consumption.

What are the largest producers of saccharin and its salts in the world?

China constituted the country with the largest volume of saccharin production, comprising approx. 81% of total volume. Moreover, saccharin production in China exceeded the figures recorded by the second-largest producer, South Korea, fivefold.

What are the leading suppliers of saccharin and its salts to the Dominican Republic?

In value terms, the United States constituted the largest supplier of saccharin to the Dominican Republic, comprising 75% of total imports. The second position in the ranking was occupied by China, with a 17% share of total imports. It was followed by Guatemala, with a 4.1% share.

What are the leading importers of saccharin and its salts from the Dominican Republic?

In value terms, Haiti emerged as the key foreign market for saccharin exports from the Dominican Republic, comprising 85% of total exports. The second position in the ranking was occupied by Guatemala $294), with a 10% share of total exports.

What is the average export price for saccharin and its salts in the Dominican Republic?

The average saccharin export price stood at $8,044 per ton in 2021, with an increase of 119% against the previous year.

What is the average import price for saccharin and its salts in the Dominican Republic?

The average saccharin import price stood at $7,377 per ton in 2021, almost unchanged from the previous year.

This report provides an in-depth analysis of the saccharin 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 20144320 - Saccharin and its salts

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