Dominican Republic: Book And Brochure Market 2024

Book And Brochure Market Size in the Dominican Republic

The Dominican book and brochure market contracted to $X in 2022, approximately equating the previous year. Over the period under review, consumption, however, showed a pronounced shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Book And Brochure Production in the Dominican Republic

In value terms, book and brochure production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 52% against the previous year. Book and brochure production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Book And Brochure Exports

Exports from the Dominican Republic

In 2022, shipments abroad of books, brochures and similar printed matter increased by 15% to X units, rising for the second year in a row after three years of decline. In general, exports, however, recorded a pronounced curtailment. The pace of growth was the most pronounced in 2015 with an increase of 104% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, book and brochure exports skyrocketed to $X in 2022. Overall, exports, however, faced a abrupt contraction. The growth pace was the most rapid in 2015 with an increase of 38%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for book and brochure exports from the Dominican Republic, accounting for a 61% share of total exports. Moreover, book and brochure exports to the United States exceeded the volume sent to the second major destination, El Salvador (X units), fivefold. The third position in this ranking was taken by Haiti (X units), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to -4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (+16.0% per year) and Haiti (-7.5% per year).

In value terms, the United States ($X), Haiti ($X) and El Salvador ($X) were the largest markets for book and brochure exported from the Dominican Republic worldwide, with a combined 91% share of total exports. Panama and Morocco lagged somewhat behind, together comprising a further 3.4%.

Morocco, with a CAGR of +191.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average book and brochure export price stood at $X per unit in 2022, surging by 2.9% against the previous year. Overall, the export price, however, showed a abrupt descent. The growth pace was the most rapid in 2019 when the average export price increased by 27%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($X per unit), while the average price for exports to Morocco ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.

Book And Brochure Imports

Imports into the Dominican Republic

Book and brochure imports into the Dominican Republic soared to X units in 2022, picking up by 233% against 2021. Overall, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, book and brochure imports soared to $X in 2022. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belarus (X units), Thailand (X units) and China (X units) were the main suppliers of book and brochure imports to the Dominican Republic, with a combined 60% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +122.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of books, brochures and similar printed matter to the Dominican Republic, comprising 44% of total imports. The second position in the ranking was taken by Spain ($X), with a 14% share of total imports. It was followed by China, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+7.3% per year) and China (+19.9% per year).

Import Prices by Country

In 2022, the average book and brochure import price amounted to $X per unit, which is down by -59% against the previous year. In general, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 47% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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