Dominican Republic: Market for Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Cellular Plates, Sheets, Film, Foil and Strip of Plastics in the Dominican Republic

For the seventh year in a row, the Dominican market for cellular plates, sheets, film, foil and strip of plastics recorded growth in sales value, which increased by X% to $X in 2022. Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value 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, consumption increased by X% against 2012 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Cellular Plates, Sheets, Film, Foil and Strip of Plastics in the Dominican Republic

In value terms, production of cellular plates, sheets, film, foil and strip of plastics expanded markedly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a buoyant expansion from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2014 when the production volume increased by X%. Production of peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from the Dominican Republic

Exports of cellular plates, sheets, film, foil and strip of plastics from the Dominican Republic was estimated at X tons in 2022, growing by X% on the previous year. In general, total exports indicated a measured expansion from 2012 to 2022: its volume 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, exports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of cellular plates, sheets, film, foil and strip of plastics surged to $X in 2022. Over the period under review, exports enjoyed a resilient increase. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for exports of cellular plates, sheets, film, foil and strip of plastics from the Dominican Republic, with a X% share of total exports. Moreover, exports of cellular plates, sheets, film, foil and strip of plastics to the United States exceeded the volume sent to the second major destination, Cuba (X tons), sevenfold. Jamaica (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (X% per year) and Jamaica (X% per year).

In value terms, the United States ($X) remains the key foreign market for cellular plates, sheets, film, foil and strip of plastics exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by Jamaica ($X), with a X% share of total exports. It was followed by Haiti, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (X% per year) and Haiti (X% per year).

Export Prices by Country

In 2022, the average export price for cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, increasing by X% against the previous year. Over the period under review, export price indicated a notable expansion 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. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into the Dominican Republic

In 2022, imports of cellular plates, sheets, film, foil and strip of plastics into the Dominican Republic soared to X tons, with an increase of X% on the previous year. Over the period under review, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellular plates, sheets, film, foil and strip of plastics skyrocketed to $X in 2022. In general, imports recorded buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), China (X tons) and Spain (X tons) were the main suppliers of imports of cellular plates, sheets, film, foil and strip of plastics to the Dominican Republic, with a combined X% share of total imports. Germany, Israel, Costa Rica, Colombia and Brazil lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X) constituted the largest supplier of cellular plates, sheets, film, foil and strip of plastics to the Dominican Republic, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

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

Import Prices by Country

In 2022, the average import price for cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 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 ($X per ton), while the price for Costa Rica ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform