Dominican Republic: Market for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China 2024

Market Size for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China in the Dominican Republic

The Dominican market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china reached $X in 2022, picking up 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 continues to indicate significant growth. Consumption of peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Exports from the Dominican Republic

Exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from the Dominican Republic skyrocketed to X units in 2022, with an increase of 77% on 2021 figures. In general, exports, however, recorded a significant decline. The growth pace was the most rapid in 2020 with an increase of 1,394%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china surged to $X in 2022. Overall, exports, however, continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 1,617%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Canada (X units) was the main destination for exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada amounted to -34.9%.

In value terms, Canada ($X) also remains the key foreign market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china exports from the Dominican Republic.

From 2012 to 2022, the average annual growth rate of value to Canada totaled -29.4%.

Export Prices by Country

The average export price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china stood at $X per unit in 2022, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2020 an increase of 15%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +8.5% per year.

Imports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Imports into the Dominican Republic

In 2022, approx. X units of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china were imported into the Dominican Republic; surging by 9.4% against 2021 figures. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2017 when imports increased by 92% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china surged to $X in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2018 when imports increased by 75%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china supplier to the Dominican Republic, with a 59% share of total imports. Moreover, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from China exceeded the figures recorded by the second-largest supplier, Colombia (X units), threefold. The third position in this ranking was taken by Mexico (X units), with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +28.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+46.1% per year) and Mexico (+13.3% per year).

In value terms, China ($X) constituted the largest supplier of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china to the Dominican Republic, comprising 60% of total imports. The second position in the ranking was taken by Colombia ($X), with a 16% share of total imports. It was followed by Mexico, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +22.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+35.1% per year) and Mexico (+9.6% per year).

Import Prices by Country

The average import price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china stood at $X per unit in 2022, picking up by 13% against the previous year. Overall, the import price, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when the average import price increased by 23%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 ($X per unit), while the price for Hong Kong SAR ($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 (+4.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform