Dominican Republic: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in the Dominican Republic

The Dominican market for float glass and surface ground or polished glass stood at $X in 2022, leveling off at 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, however, posted a remarkable increase. Consumption of peaked in 2022 and is expected to retain growth in years to come.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from the Dominican Republic

In 2022, shipments abroad of float glass and surface ground or polished glass was finally on the rise to reach X square meters for the first time since 2018, thus ending a three-year declining trend. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X square meters. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of float glass and surface ground or polished glass surged to $X in 2022. In general, exports posted resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Haiti (X square meters) was the main destination for exports of float glass and surface ground or polished glass from the Dominican Republic, with a X% share of total exports. It was followed by the United States (X square meters), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Haiti totaled X%.

In value terms, Haiti ($X) remains the key foreign market for float glass and surface ground or polished glass exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Haiti stood at X%.

Export Prices by Country

The average export price for float glass and surface ground or polished glass stood at $X per square meter in 2022, which is down by X% against the previous year. In general, the export price, however, saw a measured expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per square meter in 2021, and then contracted rapidly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to Haiti amounted to $X per square meter.

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

Imports of Float Glass And Surface Ground or Polished Glass

Imports into the Dominican Republic

Imports of float glass and surface ground or polished glass into the Dominican Republic contracted slightly to X square meters in 2022, almost unchanged from 2021. Over the period under review, imports, however, recorded strong growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X square meters, leveling off in the following year.

In value terms, imports of float glass and surface ground or polished glass shrank modestly to $X in 2022. In general, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, China (X square meters) constituted the largest float glass and surface ground or polished glass supplier to the Dominican Republic, accounting for a X% share of total imports. Moreover, imports of float glass and surface ground or polished glass from China exceeded the figures recorded by the second-largest supplier, the United States (X square meters), more than tenfold. The third position in this ranking was taken by Mexico (X square meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Mexico (X% per year).

In value terms, China ($X) constituted the largest supplier of float glass and surface ground or polished glass to the Dominican Republic, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

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

Import Prices by Country

In 2022, the average import price for float glass and surface ground or polished glass amounted to $X per square meter, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per square meter in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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