Dominican Republic: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in the Dominican Republic

In 2022, the Dominican market for boards, sheets, panels, or tiles of gypsum or plaster increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption recorded a significant expansion. Consumption of peaked in 2022 and is expected to retain growth in years to come.

Exports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports from the Dominican Republic

Exports of boards, sheets, panels, or tiles of gypsum or plaster from the Dominican Republic contracted rapidly to X square meters in 2022, which is down by X% against the previous year's figure. In general, exports, however, posted tangible growth. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports of reached the maximum at X square meters in 2021, and then fell dramatically in the following year.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster shrank remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then shrank significantly in the following year.

Exports by Country

Turks and Caicos Islands (X square meters) was the main destination for exports of boards, sheets, panels, or tiles of gypsum or plaster from the Dominican Republic, with a X% share of total exports. Moreover, exports of boards, sheets, panels, or tiles of gypsum or plaster to Turks and Caicos Islands exceeded the volume sent to the second major destination, Haiti (X square meters), threefold.

From 2012 to 2022, the average annual growth rate of volume to Turks and Caicos Islands amounted to X%.

In value terms, Turks and Caicos Islands ($X) emerged as the key foreign market for boards, sheets, panels, or tiles of gypsum or plaster exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by Haiti ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Turks and Caicos Islands amounted to X%.

Export Prices by Country

In 2022, the average export price for boards, sheets, panels, or tiles of gypsum or plaster amounted to $X per square meter, waning by X% against the previous year. Overall, the export price recorded a perceptible descent. The pace of growth was the most pronounced in 2015 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($X per square meter), while the average price for exports to Turks and Caicos Islands amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Antigua and Barbuda (X%), while the prices for the other major destinations experienced a decline.

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports into the Dominican Republic

For the third consecutive year, the Dominican Republic recorded growth in purchases abroad of boards, sheets, panels, or tiles of gypsum or plaster, which increased by X% to X square meters in 2022. In general, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster soared to $X in 2022. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Mexico (X square meters), the United States (X square meters) and Honduras (X square meters) were the main suppliers of imports of boards, sheets, panels, or tiles of gypsum or plaster to the Dominican Republic, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Honduras (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest board, sheet, panel, tile and similar article of plaster suppliers to the Dominican Republic were the United States ($X), Mexico ($X) and Honduras ($X), together accounting for X% of total imports.

Among the main suppliers, Honduras, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for boards, sheets, panels, or tiles of gypsum or plaster stood at $X per square meter in 2022, jumping by X% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for boards, sheets, panels, or tiles of gypsum or plaster increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($X per square meter), while the price for Honduras ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :