Price for Iron Oxides and Hydroxides in the Dominican Republic - 2023
Contents:
- Price for Iron Oxides and Hydroxides in the Dominican Republic (CIF) - 2022
- Price for Iron Oxides and Hydroxides in the Dominican Republic (FOB) - 2022
- Imports of Iron Oxides and Hydroxides in the Dominican Republic
- Exports of Iron Oxides and Hydroxides in the Dominican Republic
Price for Iron Oxides and Hydroxides in the Dominican Republic (CIF) - 2022
In 2022, the average iron oxides and hydroxides import price amounted to $1,559 per ton, with an increase of 2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2016 an increase of 25%. The import price peaked at $1,591 per ton in 2020; afterwards, it flattened through to 2022.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Switzerland ($1,774 per ton) and China ($1,774 per ton), while the price for the United States ($1,335 per ton) and Colombia ($1,368 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron Oxides and Hydroxides in the Dominican Republic (FOB) - 2022
The average iron oxides and hydroxides export price stood at $2,534 per ton in 2022, which is down by -4.4% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron oxides and hydroxides export price increased by +71.6% against 2015 indices. The most prominent rate of growth was recorded in 2016 an increase of 23%. Over the period under review, the average export prices attained the maximum at $2,650 per ton in 2021, and then contracted slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Barbados ($3,395 per ton), while the average price for exports to Guatemala ($1,825 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 Costa Rica (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron Oxides and Hydroxides in the Dominican Republic
In 2022, the amount of iron oxides and hydroxideses imported into the Dominican Republic fell significantly to 462 tons, dropping by -21.7% against the previous year's figure. In general, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 73% against the previous year.
In value terms, iron oxides and hydroxides imports dropped notably to $720K in 2022. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 66%.
| Import of Iron Oxides and Hydroxides in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 123 | 66.4 | 210 | 178 | 13.1% |
| Germany | 384 | 92.9 | 186 | 158 | -25.6% |
| Brazil | 383 | 134 | 221 | 136 | -29.2% |
| China | 99.0 | 122 | 149 | 127 | 8.7% |
| United States | 35.1 | 27.9 | 51.1 | 43.4 | 7.3% |
| Switzerland | 85.2 | 59.3 | 50.4 | 42.0 | -21.0% |
| Others | 40.1 | 40.1 | 31.0 | 35.4 | -4.1% |
| Total | 1,149 | 543 | 898 | 720 | -14.4% |
Top Suppliers of Iron Oxides and Hydroxides to the Dominican Republic in 2022:
- Colombia (130.3 tons)
- Germany (103.5 tons)
- Brazil (84.3 tons)
- China (71.5 tons)
- United States (32.5 tons)
- Switzerland (23.7 tons)
Exports of Iron Oxides and Hydroxides in the Dominican Republic
In 2022, overseas shipments of iron oxides and hydroxideses increased by 17% to 1.9 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt decline.
In value terms, iron oxides and hydroxides exports amounted to $4.8K in 2022. Over the period under review, exports, however, saw a deep contraction.
| Export of Iron Oxides and Hydroxides in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 2,094 | 1,527 | 1,704 | 1,737 | -6.0% |
| United States | 794 | 790 | 386 | 1,187 | 14.3% |
| Jamaica | 1,162 | 1,467 | 756 | 905 | -8.0% |
| Trinidad and Tobago | 1,408 | 559 | 62.0 | 468 | -30.7% |
| Guatemala | 635 | 442 | 323 | 364 | -16.9% |
| Barbados | 432 | 65.0 | 315 | 131 | -32.8% |
| Suriname | N/A | N/A | 541 | N/A | 0% |
| Others | N/A | 442 | 204 | N/A | -53.8% |
| Total | 6,525 | 5,292 | 4,291 | 4,792 | -9.8% |
Top Export Markets for Iron Oxides and Hydroxides from the Dominican Republic in 2022:
- Haiti (639.0 kg)
- United States (461.0 kg)
- Jamaica (404.0 kg)
- Guatemala (199.0 kg)
- Trinidad and Tobago (149.0 kg)
- Barbados (39.0 kg)
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This report provides an in-depth analysis of the iron oxide pigment market in the Dominican Republic.
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This report provides an in-depth analysis of the global iron oxide pigment market.
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This report provides an in-depth analysis of the iron oxide pigment market in the Dominican Republic.
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This report provides an in-depth analysis of the global iron oxide pigment market.
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