Alkali Metals; Sodium Price in the Dominican Republic - 2022

Contents:

  1. Alkali Metals; Sodium Price in the Dominican Republic (FOB) - 2022
  2. Alkali Metals; Sodium Price in the Dominican Republic (CIF) - 2022
  3. Alkali Metals; Sodium Exports in the Dominican Republic
  4. Alkali Metals; Sodium Imports in the Dominican Republic

Alkali Metals; Sodium Price in the Dominican Republic (FOB) - 2022

The average alkali metals; sodium export price stood at $2,737 per ton in 2022, declining by -13.9% against the previous year. In general, the export price, however, posted measured growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 62% against the previous year. As a result, the export price attained the peak level of $3,179 per ton, and then shrank in the following year.

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

From 2013 to 2022, the rate of growth in terms of prices for Haiti amounted to +2.9% per year.

Alkali Metals; Sodium Price in the Dominican Republic (CIF) - 2022

The average alkali metals; sodium import price stood at $36,480 per ton in 2022, growing by 368% against the previous year. Overall, the import price enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 785%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($66,262 per ton), while the price for the United States stood at $7,283 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+39.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Alkali Metals; Sodium Exports in the Dominican Republic

In 2022, the amount of alkali metals; sodia exported from the Dominican Republic soared to 18 tons, increasing by 123% on the previous year's figure. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,105%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, alkali metals; sodium exports soared to $50K in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,853% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Alkali Metals; Sodium in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti1.91.325.949.6196.6%
OthersN/AN/AN/AN/A0%
Total1.91.325.949.6196.6%

Top Export Markets for Alkali Metals; Sodium from the Dominican Republic in 2022:

  1. Haiti (18.1 tons)

Alkali Metals; Sodium Imports in the Dominican Republic

After two years of decline, supplies from abroad of alkali metals; sodia increased by 494% to 101 kg in 2022. In general, imports, however, recorded a sharp decline.

In value terms, alkali metals; sodium imports skyrocketed to $3.7K in 2022. Overall, imports, however, recorded a precipitous slump.

Import of Alkali Metals; Sodium in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China76.234.40.13.3-64.9%
United States1.83.7N/A0.4-39.4%
India16.3N/AN/AN/A0%
Others5.02.5N/AN/A-50.0%
Total99.440.60.13.7-66.6%

Top Suppliers of Alkali Metals; Sodium to the Dominican Republic in 2022:

  1. United States (51.0 kg)
  2. China (50.0 kg)

Source: IndexBox Market Intelligence Platform

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