Report Update Nov 1, 2024

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

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Dominican Republic: Thiosulphates Market 2024

Thiosulphates Market Size in the Dominican Republic

The Dominican thiosulphates market contracted dramatically to $X in 2021, which is down by -25.2% 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). Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Thiosulphates Exports

Exports from the Dominican Republic

In 2018, the amount of thiosulphates exported from the Dominican Republic amounted to X kg, remaining constant against 2017. In general, exports saw notable growth. The smallest decline of 99.9% was in 2013. Over the period under review, the exports hit record highs in 2018 and are expected to retain growth in the near future.

In value terms, thiosulphates exports amounted to $X in 2018. Over the period under review, exports saw a deep setback. The smallest decline of 99.9% was in 2013. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2018, the exports failed to regain momentum.

Exports by Country

El Salvador (X kg) was the main destination for thiosulphates exports from the Dominican Republic, with a approx. 100% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to El Salvador was relatively modest.

From 2012 to 2018, the average annual growth rate of value to El Salvador was relatively modest.

Export Prices by Country

In 2018, the average thiosulphates export price amounted to $X per ton, standing approx. at the previous year. Overall, the export price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2013 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2018, the export prices stood at a somewhat lower figure.

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

From 2012 to 2018, the rate of growth in terms of prices for Cuba amounted to 0.0% per year.

Thiosulphates Imports

Imports into the Dominican Republic

Thiosulphates imports into the Dominican Republic reduced to X tons in 2021, falling by -10.7% on 2020. In general, imports continue to indicate a pronounced descent. The growth pace was the most rapid in 2016 with an increase of 355%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, thiosulphates imports contracted notably to $X in 2021. Over the period under review, imports, however, posted a buoyant increase. The growth pace was the most rapid in 2016 when imports increased by 965% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Colombia (X tons) was the main thiosulphates supplier to the Dominican Republic, with a 96% share of total imports. It was followed by Mexico (X kg), with a 1.9% share of total imports. The third position in this ranking was taken by the United States (X kg), with a 1.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Colombia stood at +73.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-23.0% per year) and the United States (-37.7% per year).

In value terms, Colombia ($X) constituted the largest supplier of thiosulphates to the Dominican Republic, comprising 72% of total imports. The second position in the ranking was held by the United States ($X), with an 18% share of total imports. It was followed by Mexico, with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Colombia totaled +32.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.8% per year) and Mexico (-9.5% per year).

Import Prices by Country

In 2021, the average thiosulphates import price amounted to $X per ton, reducing by -30.6% against the previous year. In general, the import price, however, showed a strong increase. The most prominent rate of growth was recorded in 2016 an increase of 134%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+63.8%), 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 thiosulphates in the world?

China constituted the country with the largest volume of thiosulphates consumption, comprising approx. 22% of total volume. Moreover, thiosulphates 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 7.8% share.

What are the largest producers of thiosulphates in the world?

The country with the largest volume of thiosulphates production was China, comprising approx. 29% of total volume. Moreover, thiosulphates production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 9.7% share.

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

In value terms, the United States constituted the largest supplier of thiosulphates to the Dominican Republic.

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

The average thiosulphates export price stood at $1,868 per ton in 2018, approximately mirroring the previous year.

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

The average thiosulphates import price stood at $366 per ton in 2020, shrinking by -49% against the previous year.

This report provides an in-depth analysis of the thiosulphates 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 20134135 - Thiosulphates

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