Dominican Republic: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in the Dominican Republic

The Dominican market for boards, sheets, panels, tiles and similar articles of plaster not faced expanded notably to $X in 2021, rising by 15% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a significant increase. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports from the Dominican Republic

In 2021, the amount of boards, sheets, panels, tiles and similar articles of plaster not faced exported from the Dominican Republic surged to X square meters, growing by 1,908% compared with 2020. Overall, exports continue to indicate a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2021. Over the period under review, exports enjoyed a pronounced expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Haiti (X square meters) was the main destination for exports of boards, sheets, panels, tiles and similar articles of plaster not faced from the Dominican Republic, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Haiti amounted to +8.5%.

In value terms, Haiti ($X) also remains the key foreign market for boards, sheets, panels, tiles and similar articles of plaster not faced exports from the Dominican Republic.

From 2012 to 2021, the average annual growth rate of value to Haiti totaled +4.3%.

Export Prices by Country

The average export price for boards, sheets, panels, tiles and similar articles of plaster not faced stood at $X per square meter in 2021, with a decrease of -6.8% against the previous year. In general, the export price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 692% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2016 to 2021, the average export prices remained 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 2021, the rate of growth in terms of prices for Haiti amounted to -3.9% per year.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports into the Dominican Republic

In 2021, approx. X square meters of boards, sheets, panels, tiles and similar articles of plaster not faced were imported into the Dominican Republic; surging by 19% against 2020 figures. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 174%. Imports peaked at X square meters in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 160% against the previous year. Over the period under review, imports of reached the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X square meters), Mexico (X square meters) and Colombia (X square meters) were the main suppliers of imports of boards, sheets, panels, tiles and similar articles of plaster not faced to the Dominican Republic, together comprising 94% of total imports. Spain lagged somewhat behind, accounting for a further 5%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +54.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of boards, sheets, panels, tiles and similar articles of plaster not faced to the Dominican Republic, comprising 60% of total imports. The second position in the ranking was held by Mexico ($X), with a 29% share of total imports. It was followed by Colombia, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +19.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+34.9% per year) and Colombia (+20.9% per year).

Import Prices by Country

In 2021, the average import price for boards, sheets, panels, tiles and similar articles of plaster not faced amounted to $X per square meter, shrinking by -3.2% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 21%. The import price peaked at $X per square meter in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for Spain ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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