Report Update Nov 1, 2024

Dominican Republic - Sulphur - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Sulphur Market 2024

Sulphur Market Size in the Dominican Republic

The Dominican sulphur market fell slightly to $X in 2022, approximately reflecting the previous year. In general, consumption, however, enjoyed a noticeable expansion. Sulphur consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Sulphur Production in the Dominican Republic

In value terms, sulphur production shrank remarkably to $X in 2022 estimated in export price. Overall, production showed a sharp reduction. Sulphur production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Sulphur Exports

Exports from the Dominican Republic

In 2022, overseas shipments of sulphur decreased by -50% to X kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a dramatic contraction. The pace of growth was the most pronounced in 2013 when exports increased by 19% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sulphur exports plummeted to $X in 2022. Overall, exports recorded a significant curtailment. The pace of growth appeared the most rapid in 2013 when exports increased by 39% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Vietnam (X tons) was the main destination for sulphur exports from the Dominican Republic, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Vietnam was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Vietnam was relatively modest.

Export Prices by Country

In 2021, the average sulphur export price amounted to $X per ton, almost unchanged from the previous year. In general, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2013 when the average export price increased by 17%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Jamaica amounted to +16.8% per year.

Sulphur Imports

Imports into the Dominican Republic

In 2022, after two years of growth, there was significant decline in purchases abroad of sulphur, when their volume decreased by -14.6% to X tons. Overall, imports showed a abrupt contraction. The growth pace was the most rapid in 2015 when imports increased by 305%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, sulphur imports skyrocketed to $X in 2022. Over the period under review, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 286%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest sulphur supplier to the Dominican Republic, with a 79% share of total imports. Moreover, sulphur imports from the United States exceeded the figures recorded by the second-largest supplier, Russia (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at -6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+14.5% per year) and Colombia (-6.8% per year).

In value terms, the United States ($X) constituted the largest supplier of sulphur to the Dominican Republic, comprising 92% of total imports. The second position in the ranking was taken by Russia ($X), with a 4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +47.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+3.5% per year) and Colombia (-5.6% per year).

Import Prices by Country

The average sulphur import price stood at $X per ton in 2022, growing by 88% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2017 an increase of 168%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+58.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sulphur in the world?

The country with the largest volume of sulphur consumption was China, comprising approx. 35% of total volume. Moreover, sulphur consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. Morocco ranked third in terms of total consumption with a 7.2% share.

What are the largest producers of sulphur in the world?

China remains the largest sulphur producing country worldwide, comprising approx. 18% of total volume. Moreover, sulphur production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. Russia ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of sulphur to the Dominican Republic?

In value terms, the United States constituted the largest supplier of sulphur to the Dominican Republic, comprising 93% of total imports. The second position in the ranking was occupied by Russia, with a 5.2% share of total imports.

What is the average export price for sulphur in the Dominican Republic?

In 2019, the average sulphur export price amounted to $140 per ton, approximately mirroring the previous year.

What is the average import price for sulphur in the Dominican Republic?

In 2021, the average sulphur import price amounted to $530 per ton, with a decrease of -14.4% against the previous year.

This report provides an in-depth analysis of the sulphur 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:

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