Price for Styrene Polymers; Waste, Parings and Scrap in the Dominican Republic - 2023

Contents:

  1. Price for Styrene Polymers; Waste, Parings and Scrap in the Dominican Republic (FOB) - 2022
  2. Price for Styrene Polymers; Waste, Parings and Scrap in the Dominican Republic (CIF) - 2022
  3. Exports of Styrene Polymers; Waste, Parings and Scrap in the Dominican Republic
  4. Imports of Styrene Polymers; Waste, Parings and Scrap in the Dominican Republic

Price for Styrene Polymers; Waste, Parings and Scrap in the Dominican Republic (FOB) - 2022

The average export price for styrene polymers; waste, parings and scraps stood at $364 per ton in 2022, rising by 28% against the previous year. Overall, the export price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2019 an increase of 44% against the previous year. The export price peaked at $1,005 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,154 per ton), while the average price for exports to Costa Rica ($80 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 Brazil (+11.3%), while the prices for the other major destinations experienced a decline.

Price for Styrene Polymers; Waste, Parings and Scrap in the Dominican Republic (CIF) - 2022

In 2022, the average import price for styrene polymers; waste, parings and scraps amounted to $1,180 per ton, reducing by -66.4% against the previous year. Overall, the import price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2016 an increase of 130% against the previous year. The import price peaked at $8,000 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 the United States amounted to -5.4% per year.

Exports of Styrene Polymers; Waste, Parings and Scrap in the Dominican Republic

In 2022, approx. 269 tons of styrene polymers; waste, parings and scraps were exported from the Dominican Republic; growing by 1,427% compared with the previous year. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of styrene polymers; waste, parings and scraps surged to $98K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Styrene Polymers; Waste, Parings and Scrap in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.823.93.265.294.9%
Peru0.51.70.310.2173.2%
Hong Kong SAR1.12.90.46.984.4%
Uruguay0.41.10.15.9145.2%
BrazilN/AN/A0.24.22000.0%
China0.61.30.12.458.7%
SingaporeN/AN/AN/A1.90%
GuatemalaN/A1.50.2N/A-86.7%
Others1.37.80.61.2-2.6%
Total12.640.15.097.998.1%

Top Export Markets for Styrene Polymers; Waste, Parings and Scrap from the Dominican Republic in 2022:

  1. Peru (77.7 tons)
  2. United States (56.5 tons)
  3. Uruguay (42.6 tons)
  4. Hong Kong SAR (39.1 tons)
  5. Brazil (23.9 tons)
  6. Singapore (11.6 tons)
  7. China (8.1 tons)

Imports of Styrene Polymers; Waste, Parings and Scrap in the Dominican Republic

In 2022, the amount of styrene polymers; waste, parings and scraps imported into the Dominican Republic surged to 18 tons, picking up by 265% on the previous year. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of styrene polymers; waste, parings and scraps surged to $22K in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Styrene Polymers; Waste, Parings and Scrap in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.0N/A17.721.853.7%
OthersN/AN/AN/AN/A0%
Total6.0N/A17.721.853.7%

Top Suppliers of Styrene Polymers; Waste, Parings and Scrap to the Dominican Republic in 2022:

  1. United States (18.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Styrene polymers; waste, parings and scrap - Dominican Republic