Dominican Republic: Glass Ampoules Market 2024

Glass Ampoules Market Size in the Dominican Republic

The Dominican glass ampoules market expanded markedly to $X in 2022, growing by 14% against the previous year. The market value increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Glass ampoules consumption peaked in 2022 and is expected to retain growth in the immediate term.

Glass Ampoules Production in the Dominican Republic

In value terms, glass ampoules production expanded modestly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 88% against the previous year. Glass ampoules production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Glass Ampoules Exports

Exports from the Dominican Republic

In 2022, exports of glass ampoules for packing of goods from the Dominican Republic dropped rapidly to X units, which is down by -93.4% compared with the previous year. Over the period under review, exports showed a dramatic descent. The pace of growth appeared the most rapid in 2015 with an increase of 2,094%. Over the period under review, the exports reached the peak figure at X units in 2021, and then dropped significantly in the following year.

In value terms, glass ampoules exports shrank notably to $X in 2022. Overall, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 1,542%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced sharply in the following year.

Exports by Country

The United States (X units) was the main destination for glass ampoules exports from the Dominican Republic, accounting for a approx. 95% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +11.4%.

In value terms, the United States ($X) emerged as the key foreign market for glass ampoules for packing of goods exports from the Dominican Republic.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +10.6%.

Export Prices by Country

The average glass ampoules export price stood at less than $X per unit in 2022, picking up by 24% against the previous year. In general, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 283% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to +42.8% per year.

Glass Ampoules Imports

Imports into the Dominican Republic

In 2022, the amount of glass ampoules for packing of goods imported into the Dominican Republic soared to X units, rising by 61% on the year before. Over the period under review, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by 363% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, glass ampoules imports skyrocketed to $X in 2022. In general, imports posted a strong expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 367% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of glass ampoules to the Dominican Republic, with a 40% share of total imports. Moreover, glass ampoules imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by the United States (X units), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to +32.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+19.7% per year) and the United States (+4.1% per year).

In value terms, France ($X), Italy ($X) and the United States ($X) constituted the largest glass ampoules suppliers to the Dominican Republic, with a combined 73% share of total imports.

Among the main suppliers, France, with a CAGR of +27.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average glass ampoules import price amounted to $X per thousand units, almost unchanged from the previous year. In general, the import price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 27% against the previous year. The import price peaked at $X per thousand units in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per thousand units), while the price for Italy ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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