Cerium Compounds Price in the Dominican Republic - 2022
Contents:
- Cerium Compounds Price in the Dominican Republic (CIF) - 2022
- Cerium Compounds Price in the Dominican Republic (FOB) - 2022
- Cerium Compounds Imports in the Dominican Republic
- Cerium Compounds Exports in the Dominican Republic
Cerium Compounds Price in the Dominican Republic (CIF) - 2022
The average cerium compounds import price stood at $42,000 per ton in 2022, picking up by 27% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cerium compounds import price increased by +95.2% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 55%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($141,000 per ton), while the price for the United States totaled $37,286 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Cerium Compounds Price in the Dominican Republic (FOB) - 2022
In 2022, the average cerium compounds export price amounted to $2,442,500 per ton, growing by 26,142% against the previous year. Overall, the export price posted a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Barbados.
From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to +9.2% per year.
Cerium Compounds Imports in the Dominican Republic
In 2022, overseas purchases of cerium compoundses decreased by -31.2% to 22 kg, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, imports attained the peak of 62 kg. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cerium compounds imports contracted to $924 in 2022. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 19%. As a result, imports reached the peak of $1.4K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cerium Compounds in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 233 | 432 | 313 | 783 | 49.8% |
| Germany | 61.0 | 67.0 | 55.0 | 141 | 32.2% |
| China | 54.0 | 70.0 | 70.0 | N/A | 13.9% |
| Mexico | 4.0 | 5.0 | 4.0 | N/A | 0.0% |
| Italy | 711 | 710 | 539 | N/A | -12.9% |
| Brazil | 99.0 | 98.0 | 75.0 | N/A | -13.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,162 | 1,382 | 1,056 | 924 | -7.4% |
Top Suppliers of Cerium Compounds to the Dominican Republic in 2022:
- United States (21.0 kg)
- Germany (1.0 kg)
Cerium Compounds Exports in the Dominican Republic
In 2022, shipments abroad of cerium compoundses decreased by -94.9% to 2 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 225%. As a result, the exports attained the peak of 39 kg, and then shrank dramatically in the following year.
In value terms, cerium compounds exports skyrocketed to $4.9K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cerium Compounds in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Barbados | N/A | N/A | N/A | 4.9 | 0% |
| Turks and Caicos Islands | N/A | N/A | 0.2 | N/A | 0% |
| Haiti | N/A | 0.1 | 0.2 | N/A | 100.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | 0.1 | 0.4 | 4.9 | 600.0% |
Top Export Markets for Cerium Compounds from the Dominican Republic in 2022:
- Barbados (2.0 kg)
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