Dominican Republic: Reel Cutting Slitter Market 2025

Reel Cutting Slitter Market Size in the Dominican Republic

The Dominican reel cutting slitter market skyrocketed to $X in 2022, increasing by 51% 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). Overall, consumption continues to indicate a prominent expansion. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Reel Cutting Slitter Exports

Exports from the Dominican Republic

In 2022, the amount of combined reel slitting and re-reeling cutting machines for paper and paperboard exported from the Dominican Republic skyrocketed to X units, jumping by 162% on 2021 figures. In general, exports saw strong growth. The growth pace was the most rapid in 2015 with an increase of 1,267%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, reel cutting slitter exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by 585%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), Guatemala (X units) and Haiti (X units) were the main destinations of reel cutting slitter exports from the Dominican Republic, with a combined 97% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +18.2%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for combined reel slitting and re-reeling cutting machines for paper and paperboard exports from the Dominican Republic, comprising 84% of total exports. The second position in the ranking was taken by Guatemala ($X), with a 14% share of total exports. It was followed by Haiti, with a 1.5% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +23.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (0.0% per year) and Haiti (+11.9% per year).

Export Prices by Country

In 2022, the average reel cutting slitter export price amounted to $X per unit, falling by -35.8% against the previous year. In general, the export price, however, saw strong growth. The most prominent rate of growth was recorded in 2020 an increase of 223% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Nicaragua ($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 Italy (+28.1%), while the prices for the other major destinations experienced mixed trend patterns.

Reel Cutting Slitter Imports

Imports into the Dominican Republic

In 2022, approx. X units of combined reel slitting and re-reeling cutting machines for paper and paperboard were imported into the Dominican Republic; growing by 93% on the previous year. In general, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 306%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, reel cutting slitter imports soared to $X in 2022. Over the period under review, imports recorded buoyant growth. The growth pace was the most rapid in 2015 when imports increased by 292%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United States (X units), China (X units) and Spain (X units) were the main suppliers of reel cutting slitter imports to the Dominican Republic, with a combined 98% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +40.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Spain ($X) constituted the largest reel cutting slitter suppliers to the Dominican Republic, together comprising 98% of total imports.

Spain, with a CAGR of +54.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average reel cutting slitter import price stood at $X per unit in 2022, dropping by -26.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 54%. As a result, import price reached the peak level of $X per unit, and then shrank sharply in the following year.

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 Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :