Dominican Republic: Market for Sulphides, Polysulphides, Dithionites And Sulphoxylates 2024

Market Size for Sulphides, Polysulphides, Dithionites And Sulphoxylates in the Dominican Republic

The Dominican sulphides, dithionites and sulphoxylates market expanded modestly to $X in 2022, increasing by 4.6% against the previous year. Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.6% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Sulphides, Polysulphides, Dithionites And Sulphoxylates in the Dominican Republic

In value terms, sulphides, dithionites and sulphoxylates production expanded modestly to $X in 2022 estimated in export price. In general, the total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.8% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of 21% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports from the Dominican Republic

In 2022, exports of sulphides, polysulphides, dithionites and sulphoxylates from the Dominican Republic skyrocketed to X tons, increasing by 238% against 2021 figures. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 17,293%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sulphides, dithionites and sulphoxylates exports skyrocketed to $X in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,906% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Honduras (X tons) was the main destination for sulphides, dithionites and sulphoxylates exports from the Dominican Republic, accounting for a 94% share of total exports. Moreover, sulphides, dithionites and sulphoxylates exports to Honduras exceeded the volume sent to the second major destination, Jamaica (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Honduras was relatively modest.

In value terms, Honduras ($X) emerged as the key foreign market for sulphides, polysulphides, dithionites and sulphoxylates exports from the Dominican Republic, comprising 91% of total exports. The second position in the ranking was held by Jamaica ($X), with a 9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Honduras was relatively modest.

Export Prices by Country

In 2022, the average sulphides, dithionites and sulphoxylates export price amounted to $X per ton, rising by 184% against the previous year. In general, the export price saw a strong expansion. The pace of growth appeared the most rapid in 2019 an increase of 898%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, 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 Jamaica ($X per ton), while the average price for exports to Honduras totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (-8.0%).

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports into the Dominican Republic

In 2022, approx. X tons of sulphides, polysulphides, dithionites and sulphoxylates were imported into the Dominican Republic; growing by 3,824% compared with the previous year. Over the period under review, imports continue to indicate a strong increase. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, sulphides, dithionites and sulphoxylates imports surged to $X in 2022. Overall, imports saw a strong increase. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main sulphides, dithionites and sulphoxylates supplier to the Dominican Republic, with a 97% share of total imports. It was followed by the United States (X kg), with a 0.5% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +17.2%.

In value terms, China ($X) constituted the largest supplier of sulphides, polysulphides, dithionites and sulphoxylates to the Dominican Republic, comprising 91% of total imports. The second position in the ranking was taken by the United States ($X), with a 0.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +11.9%.

Import Prices by Country

The average sulphides, dithionites and sulphoxylates import price stood at $X per ton in 2022, falling by -15.6% against the previous year. Over the period under review, the import price saw a noticeable decrease. The pace of growth appeared the most rapid in 2018 an increase of 55%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.1%).

Source: IndexBox Platform

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