Earlier Report Observations
From 2018 to 2023, the market for non-vegetable waxes in the Dominican Republic expanded gradually, with total volume rising from 1085 tonnes to 1132 tonnes. This growth was entirely supported by domestic production, as imports and exports remained negligible throughout the period.
The market's increase was steady year-on-year, though the pace varied slightly. After a gain of 16 tonnes in 2019, growth continued at a somewhat slower rate until 2022, when it added only 3 tonnes. In 2023, the market regained momentum with an increase of 6 tonnes, continuing the overall upward trajectory.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Dominican Republic
- 5.1.1. Annual dynamics of production in Dominican Republic in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Dominican Republic in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Dominican Republic
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Dominican Republic in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Dominican Republic by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Dominican Republic in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Dominican Republic by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Dominican Republic, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Dominican Republic by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Dominican Republic in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Dominican Republic by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Dominican Republic in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Dominican Republic by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Dominican Republic, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Dominican Republic by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, kg
- 7.1.2.1. Annual dynamics of product's exports from Dominican Republic in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's exports in kind from Dominican Republic by countries, 2018-2024, kg
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, $ US
- 7.1.3.1. Annual dynamics of product's exports from Dominican Republic in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's exports in value from Dominican Republic by countries, 2018-2024, $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Dominican Republic, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Dominican Republic by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, kg
- 7.2.2.1. Annual dynamics of product's exports from Dominican Republic in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's exports in kind from Dominican Republic by countries, 2018-2024, kg
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, $ US
- 7.2.3.1. Annual dynamics of product's exports from Dominican Republic in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's exports in value from Dominican Republic by countries, 2018-2024, $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Dominican Republic, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Dominican Republic by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, kg
- 8.1.2. In value, $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 8.2.2. In value, $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production non-vegetable waxes in Dominican Republic
In kind, 2017-2020, t
The Dominican Republic was among the world's leading producers of non-vegetable waxes from 2017 to 2020, ranking 14th globally by production volume.
Top producers of non-vegetable waxes, 2017-2020
World map of production of non-vegetable waxes, 2017-2020
The Dominican Republic's production of non-vegetable waxes increased for the third consecutive year. In 2020, the country produced 1 113 tons, marking a 1.3% rise compared to 2019. Over the 2017-2020 period, production grew by 3.8%, with a compound annual growth rate of 1.3%.
Annual dynamics of production in Dominican Republic in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.2% | 1.3% | 1.3% | 1.3% |
Exports non-vegetable waxes from Dominican Republic
Exports in kind, kg
In 2020, cross-border shipments of non-vegetable waxes from the Dominican Republic reached 1 814 kg, showing a sharp increase of 2 166.0% compared to the previous year. Between 2017 and 2020, exports surged by 3 528%, equating to an annualized growth rate of 231.0%.
Annual dynamics of product's exports from Dominican Republic in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2 166.0% | n/a | n/a | 231.0% |
From 2017 to 2020, the United States served as the primary destination for non-vegetable waxes from the Dominican Republic, consistently absorbing 98.3% of total exports in kind.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Dominican Republic in kind, 2017-2020
Exports in value, $ US
In 2020, the value of non-vegetable waxes exported from the Dominican Republic amounted to 12 000 US dollars, reflecting a rise of 2 389.8% versus the previous year. Over the 2017-2020 period, exports increased by 3 174.2%, with a compound annual growth rate of 219.9%.
Annual dynamics of product's exports from Dominican Republic in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2 389.8% | n/a | n/a | 219.9% |
From 2017 to 2020, exports in value terms of non-vegetable waxes from the Dominican Republic were highly concentrated on the United States, which accounted for 98.3% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Dominican Republic in value, 2017-2020
Imports non-vegetable waxes to Dominican Republic
Imports in kind, kg
The data reveals irregular changes, indicating a volatile market environment. Import volumes varied 3.5 times from the low in 2017 to the high in 2019. In 2020, cross-border shipments of non-vegetable waxes to the Dominican Republic amounted to 1 326 kg, reflecting a dramatic fall of 31.0% compared to 2019. The maximum value was recorded in 2019 at 1 921 kg, with the largest increase of 210.6% also occurring that year.
Annual dynamics of product's imports to Dominican Republic in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 13.4% | 210.6% | (31.0%) | 34.4% |
From 2017 to 2020, the United States and China accounted for the majority of imports in kind of non-vegetable waxes to the Dominican Republic, while other markets formed a less significant portion.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Dominican Republic in kind, 2017-2020
Imports in value, $ US
The market showed signs of volatility over the observed period. Imports changed by a factor of 2.8 from the trough in 2019 to the peak in 2018. In 2020, the volume of non-vegetable waxes imports to the Dominican Republic came to 5 278 US dollars, indicating a slight rise of 1.3% versus the previous year. The minimum value was recorded in 2019 at 5 211 US dollars, while the maximum was in 2018 at 14 745 US dollars. The largest decline of 64.7% occurred in 2019, and the largest increase of 71.6% was recorded in 2018.
Annual dynamics of product's imports to Dominican Republic in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 71.6% | (64.7%) | 1.3% | (15.0%) |
From 2017 to 2020, the United States (44.7% of imports in value terms), Peru (25.4%), and Germany (18.2%) continued to be the main suppliers of non-vegetable waxes to the Dominican Republic, jointly forming 88.2% of total imports in value terms.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Dominican Republic in value, 2017-2020
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