Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Dominican Republic - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Dominican Republic (CIF) - 2022
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Dominican Republic (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Dominican Republic
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Dominican Republic
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Dominican Republic (CIF) - 2022
In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $19,906 per ton, picking up by 3.6% against the previous year. In general, the import price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2017 an increase of 40% against the previous year. The import price peaked at $32,740 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
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 Belgium ($55,543 per ton), while the price for the United States ($11,164 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Dominican Republic (FOB) - 2022
In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $4,301 per ton, reducing by -11.5% against the previous year. Over the period under review, the export price saw a perceptible decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by 52% against the previous year. The export price peaked at $13,007 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($97,385 per ton), while the average price for exports to the Netherlands ($549 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+28.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Dominican Republic
In 2022, approx. 24 tons of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol were imported into the Dominican Republic; surging by 12% compared with the previous year. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 214%. As a result, imports reached the peak of 29 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol soared to $484K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 85% against the previous year. As a result, imports attained the peak of $552K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 131 | 196 | 125 | 120 | -2.9% |
| Germany | 56.1 | 35.3 | 16.7 | 94.2 | 18.9% |
| Guatemala | 4.7 | 10.6 | 41.6 | 94.0 | 171.4% |
| China | 5.1 | 143 | 75.2 | 68.7 | 137.9% |
| Mexico | 14.6 | 29.7 | 19.0 | 17.4 | 6.0% |
| Netherlands | 2.4 | 22.3 | 18.7 | 17.1 | 92.4% |
| United States | 28.9 | 70.8 | 28.4 | 4.4 | -46.6% |
| Others | 55.6 | 44.2 | 91.8 | 68.6 | 7.3% |
| Total | 298 | 552 | 417 | 484 | 17.5% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to the Dominican Republic in 2022:
- India (7.9 tons)
- Guatemala (6.6 tons)
- China (3.4 tons)
- Germany (3.3 tons)
- Netherlands (0.4 tons)
- Mexico (0.4 tons)
- United States (0.4 tons)
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Dominican Republic
Exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol from the Dominican Republic skyrocketed to 1.2 tons in 2022, jumping by 20% against the previous year's figure. The total export volume increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol rose rapidly to $5.2K in 2022. The total export value increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 23%. As a result, the exports attained the peak of $5.5K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 3.8 | 4.4 | 4.0 | 4.2 | 3.4% |
| Haiti | 0.3 | 0.4 | 0.5 | 0.6 | 26.0% |
| United States | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Netherlands | N/A | 0.1 | N/A | N/A | 0% |
| Others | 0.3 | 0.5 | 0.3 | 0.2 | -12.6% |
| Total | 4.5 | 5.5 | 4.9 | 5.2 | 4.9% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from the Dominican Republic in 2022:
- Haiti (1020.0 kg)
- Netherlands (82.0 kg)
- United States (57.0 kg)
- Panama (43.0 kg)
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