Price for Monophenols; Cresols and Their Salts in the Dominican Republic - 2023

Contents:

1. Price for Monophenols; Cresols and Their Salts in the Dominican Republic (CIF) - 2022
2. Price for Monophenols; Cresols and Their Salts in the Dominican Republic (FOB) - 2022
3. Imports of Monophenols; Cresols and Their Salts in the Dominican Republic
4. Exports of Monophenols; Cresols and Their Salts in the Dominican Republic

Price for Monophenols; Cresols and Their Salts in the Dominican Republic (CIF) - 2022

In 2022, the average import price for monophenols; cresols and their saltses amounted to $6,000 per ton, rising by 2.6% against the previous year. Overall, the import price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 80% against the previous year. The import price peaked at $7,494 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($9,741 per ton), while the price for the United States totaled $5,877 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.6%).

Price for Monophenols; Cresols and Their Salts in the Dominican Republic (FOB) - 2022

In 2022, the average export price for monophenols; cresols and their saltses amounted to $11,213 per ton, reducing by -5.3% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 7.3% against the previous year. As a result, the export price reached the peak level of $11,965 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to +0.2% per year.

Imports of Monophenols; Cresols and Their Salts in the Dominican Republic

After three years of growth, purchases abroad of monophenols; cresols and their saltses decreased by -0.5% to 5.3 tons in 2022. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 117%.

In value terms, monophenols; cresols and their salts imports rose slightly to $32K in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 141%. As a result, imports attained the peak of $33K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Monophenols; Cresols and Their Salts to the Dominican Republic in 2022:

1. United States (5.2 tons)
2. Spain (0.2 tons)

Exports of Monophenols; Cresols and Their Salts in the Dominican Republic

Monophenols; cresols and their salts exports from the Dominican Republic surged to 5.2 tons in 2022, jumping by 112% on 2021 figures. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 157%. As a result, the exports reached the peak of 7.3 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, monophenols; cresols and their salts exports soared to $59K in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 176%. As a result, the exports reached the peak of $88K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Monophenols; Cresols and Their Salts from the Dominican Republic in 2022:

1. Haiti (5.2 tons)

Source: IndexBox Market Intelligence Platform