What is the price of linseed oil per kilogram/pound in Dominican Republic today?
The retail price range for Dominican Republic linseed oil is between US$ 11.20 and US$ 20.23 per kilogram or between US$ 5.08 and US$ 9.18 per pound(lb). Click here to see today's exact prices of linseed oil in Dominican Republic
The retail price range in Dominican peso for linseed oil is between DOP 611.15 and DOP 1,103.85 per kilogram or between DOP 277.17 and DOP 500.61 per pound(lb) in Santo Domingo and Santiago de los Caballeros.
Wholesale prices
In 2024, the approximate wholesale price range for Dominican Republic linseed oil is between US$ 7.84 and US$ 14.16 per kilogram or between US$ 3.56 and US$ 6.42 per pound(lb).
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Dominican Republic Linseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Linseed Oil from Dominican Republic over the last five years has been quite volatile. In 2017, the price was 2.34 US $ per kg, which was the highest in the last five years. In 2018, the price dropped to 1.44 US $ per kg, the lowest in the last five years. Since then, the price has been gradually increasing and in 2021, it was 1.50 US $ per kg. If the trend continues, we can expect the price of Linseed Oil to be around 1.53 US $ per kg in 2023 and 1.56 US $ per kg in 2024.Dominican Republic Linseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Linseed Oil into Dominican Republic over the last five years has been quite volatile. In 2017, the price was 2.34 US$ per kg, which was the highest in the last five years. This was followed by a sharp decline in 2018 to 1.44 US$ per kg. In 2019 and 2020, the price remained relatively stable at 1.42 US$ and 1.51 US$ per kg respectively. The price then dropped to 1.50 US$ per kg in 2021. Looking ahead, we predict that the import price of Linseed Oil into Dominican Republic will remain relatively stable in the next two years. We predict that the price will be 1.50 US$ per kg in 2023 and 1.51 US$ per kg in 2024.Export values for Dominican Republic linseed oil
The total values in export for linseed oil in the Dominican Republic were US$ 14,908, US$ 24,019, US$ 15,162 and US$ 13,890 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Dominican Republic: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of linseed oil in other countries across Caribbean: Aruba linseed oil, Bahamas linseed oil, Barbados linseed oil, Cuba linseed oil, Dominican Republic linseed oil, Grenada linseed oil, Guadeloupe linseed oil, Haiti linseed oil, Jamaica linseed oil & Martinique linseed oil.
Dominican Republic linseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Dominican Republic exported 9,802 tonnes of linseed oil. In 2019 alone, the market for the Dominican Republic linseed oil (processed category) has decreased, changing by -6.878 % compared to the year 2018. Between 2017 and 2019, linseed oil's exports went down by -4.32 percent bringing the Dominican Republic US$13.89m for the year 2019. the Dominican Republic's linseed oil exports are categorised as:
- Crude linseed oil (HS code 151511)
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
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Dominican Republic linseed oil export values
In 2019, the Dominican Republic supplied linseed oil costing 13.89m USD, a decrease of -8.39% from 2018's total linseed oil export of 15.162m USD. The annual change in value of the Dominican Republic linseed oil between 2017 to 2018 was -36.875 percent.
The per year change in the quantity of the Dominican Republic's linseed oil exports between 2017 and 2019 was -4.32 percent compared to a variation of -6.878% in the period between 2018 and 2019.
the Dominican Republic's stake of the world's total linseed oil's exports in 2019 was less than 1%. The country holds number 41 in world exports of linseed oil.
Export markets for Dominican Republic linseed oil ( in '000$ )
Import/Export Trends
the Dominican Republic is a net exporter of linseed oil. The annual growth of the Dominican Republic linseed oil in value between 2015 to 2019 was 6%, per annum, while annual growth in quantity for the same period was -14%, per annum.
the Dominican Republic procured 52 tonnes of linseed oil in 2019.