Dominican Republic: Ceramic Sanitary Ware Market 2024

Ceramic Sanitary Ware Market Size in the Dominican Republic

The Dominican ceramic sanitary ware market dropped dramatically to $X in 2022, declining by -53.1% against the previous year. Over the period under review, consumption showed a pronounced setback. Ceramic sanitary ware consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Ceramic Sanitary Ware Production in the Dominican Republic

In value terms, ceramic sanitary ware production soared to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Ceramic Sanitary Ware Exports

Exports from the Dominican Republic

Ceramic sanitary ware exports from the Dominican Republic reduced sharply to X units in 2022, declining by -44.2% on 2021. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 769% against the previous year. Over the period under review, the exports reached the maximum at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, ceramic sanitary ware exports reduced sharply to $X in 2022. In general, exports faced a precipitous slump. The pace of growth appeared the most rapid in 2021 when exports increased by 758% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for ceramic sanitary ware exports from the Dominican Republic, accounting for a 70% share of total exports. Moreover, ceramic sanitary ware exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X units), fourfold. Canada (X units) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to -20.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (0.0% per year) and Canada (-36.2% per year).

In value terms, the largest markets for ceramic sanitary ware exported from the Dominican Republic were Canada ($X), the Netherlands ($X) and the United States ($X).

In terms of the main countries of destination, Haiti, with a CAGR of +6.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average ceramic sanitary ware export price amounted to $X per unit, standing approx. at the previous year. In general, the export price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to the United States ($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 Canada (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Sanitary Ware Imports

Imports into the Dominican Republic

After two years of decline, supplies from abroad of ceramic sinks, baths, water closet pans and similar sanitary fixtures increased by 81% to X units in 2022. In general, imports, however, continue to indicate a precipitous slump. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, ceramic sanitary ware imports soared to $X in 2022. Over the period under review, imports, however, recorded a sharp downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 82%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main ceramic sanitary ware supplier to the Dominican Republic, with a 215,143% share of total imports. Moreover, ceramic sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, Colombia (X units), threefold. Mexico (X units) ranked third in terms of total imports with a 16,582% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +28.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+46.1% per year) and Mexico (-0.2% per year).

In value terms, China ($X) constituted the largest supplier of ceramic sinks, baths, water closet pans and similar sanitary fixtures to the Dominican Republic, comprising 153,572% of total imports. The second position in the ranking was held by Colombia ($X), with a 42,289% share of total imports. It was followed by Mexico, with a 14,021% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +22.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+35.1% per year) and Mexico (+1.2% per year).

Import Prices by Country

In 2022, the average ceramic sanitary ware import price amounted to $X per unit, remaining constant against the previous year. In general, the import price posted a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 87%. As a result, import price attained the peak level of $X per unit; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Hong Kong SAR ($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 (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :