Ester Gums Price in the Dominican Republic - 2023
Contents:
Ester Gums Price in the Dominican Republic (CIF) - 2022
The average ester gums import price stood at $2,626 per ton in 2022, rising by 36% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The import price peaked at $3,191 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +21.1% per year.
Ester Gums Imports in the Dominican Republic
In 2022, approx. 45 tons of ester gumses were imported into the Dominican Republic; growing by 31% compared with 2021. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ester gums imports soared to $119K in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ester Gums in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.0 | N/A | 40.1 | 119 | 391.9% |
| China | 5.6 | N/A | 26.7 | N/A | 118.4% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 6.7 | N/A | 66.9 | 119 | 160.9% |
Top Suppliers of Ester Gums to the Dominican Republic in 2022:
- United States (45.4 tons)
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