Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in the Dominican Republic - 2023

Contents:

  1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in the Dominican Republic (FOB) - 2022
  2. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in the Dominican Republic (CIF) - 2022
  3. Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in the Dominican Republic
  4. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in the Dominican Republic

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in the Dominican Republic (FOB) - 2022

In 2022, the average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $3,334 per ton, dropping by -3.9% against the previous year. Overall, the export price recorded a deep downturn. The export price peaked at $5,593 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Guatemala amounted to 0.0% per year.

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in the Dominican Republic (CIF) - 2022

The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $5,501 per ton in 2022, dropping by -23.2% against the previous year. Over the period under review, the import price, however, continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2021 an increase of 173%. As a result, import price reached the peak level of $7,162 per ton, and then reduced dramatically in the following year.

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 the United States ($7,879 per ton), while the price for Spain ($1,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in the Dominican Republic

In 2022, the amount of alcohols; aromatic alcohols and derivatives, benzyl alcohol exported from the Dominican Republic soared to 1.9 tons, with an increase of 28% against the year before. Overall, exports, however, saw a pronounced decline.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol skyrocketed to $6.2K in 2022. In general, exports, however, recorded a abrupt descent.

Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HaitiN/AN/AN/A6.20%
Guatemala7.8N/AN/AN/A0%
OthersN/AN/A5.0N/A0%
Total7.8N/A5.06.2-7.4%

Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from the Dominican Republic in 2022:

  1. Haiti (1.9 tons)

Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in the Dominican Republic

Imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol into the Dominican Republic fell sharply to 697 kg in 2022, declining by -38.5% against the year before. Over the period under review, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 4.9%.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol reduced remarkably to $3.8K in 2022. Overall, imports recorded a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 186%.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.40.35.63.311.2%
ChinaN/AN/AN/A0.50%
Spain3.30.70.20.1-68.8%
Guatemala4.61.62.2N/A-30.8%
India1.20.20.1N/A-71.1%
OthersN/A0.1N/AN/A0%
Total11.62.88.13.8-31.1%

Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to the Dominican Republic in 2022:

  1. United States (420.0 kg)
  2. China (227.0 kg)
  3. Spain (50.0 kg)

Source: IndexBox Market Intelligence Platform

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