Dominican Republic: Unsaturated Acyclic Hydrocarbons Market 2025

Unsaturated Acyclic Hydrocarbons Market Size in the Dominican Republic

In 2021, the Dominican unsaturated acyclic hydrocarbons market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Unsaturated Acyclic Hydrocarbons Production in the Dominican Republic

In value terms, unsaturated acyclic hydrocarbons production stood at $X in 2021 estimated in export price. In general, production, however, saw mild growth. The pace of growth was the most pronounced in 2018 with an increase of 84%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Unsaturated Acyclic Hydrocarbons Exports

Exports from the Dominican Republic

For the fifth consecutive year, the Dominican Republic recorded growth in shipments abroad of unsaturated acyclic hydrocarbons, which increased by 16% to X tons in 2021. Overall, exports posted a resilient increase. The pace of growth appeared the most rapid in 2013 when exports increased by 120% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, unsaturated acyclic hydrocarbons exports soared to $X in 2021. In general, exports posted a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by 158%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for unsaturated acyclic hydrocarbons exports from the Dominican Republic, accounting for a 86% share of total exports. Moreover, unsaturated acyclic hydrocarbons exports to the United States exceeded the volume sent to the second major destination, France (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +39.8%.

In value terms, the United States ($X) remains the key foreign market for unsaturated acyclic hydrocarbons exports from the Dominican Republic, comprising 90% of total exports. The second position in the ranking was taken by France ($X), with a 9.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +46.3%.

Export Prices by Country

The average unsaturated acyclic hydrocarbons export price stood at $X per ton in 2021, remaining constant against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 22%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to France totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.6%).

Unsaturated Acyclic Hydrocarbons Imports

Imports into the Dominican Republic

In 2021, purchases abroad of unsaturated acyclic hydrocarbons increased by 137% to X tons, rising for the third year in a row after four years of decline. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, unsaturated acyclic hydrocarbons imports skyrocketed to $X in 2021. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2014 with an increase of 102% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

The United States (X tons), Guatemala (X tons) and China (X tons) were the main suppliers of unsaturated acyclic hydrocarbons imports to the Dominican Republic, together accounting for 94% of total imports.

From 2012 to 2021, the biggest increases were recorded for Guatemala (with a CAGR of +14,931.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Guatemala ($X) and China ($X) were the largest unsaturated acyclic hydrocarbons suppliers to the Dominican Republic, together accounting for 92% of total imports.

In terms of the main suppliers, Guatemala, with a CAGR of +11,717.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average unsaturated acyclic hydrocarbons import price stood at $X per ton in 2021, dropping by -17.7% against the previous year. Over the period under review, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 46%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Costa Rica ($X per ton), while the price for China ($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 (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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