Dominican Republic: Market for Hair Brushes And Shaving And Toilet Brushes For Personal Use 2024

Market Size for Hair Brushes And Shaving And Toilet Brushes For Personal Use in the Dominican Republic

In 2022, after five years of decline, there was significant growth in the Dominican market for hair brushes and shaving and toilet brushes for personal use, when its value increased by 102% to $X. Over the period under review, consumption showed moderate growth. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Hair Brushes And Shaving And Toilet Brushes For Personal Use in the Dominican Republic

In value terms, hair, shaving and toilet brush production amounted to $X in 2022 estimated in export price. In general, production, however, posted a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of 148%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Exports from the Dominican Republic

In 2022, after six years of growth, there was significant decline in overseas shipments of hair brushes and shaving and toilet brushes for personal use, when their volume decreased by -69.4% to X units. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 1,101%. Over the period under review, the exports attained the peak figure at X units in 2021, and then declined significantly in the following year.

In value terms, hair, shaving and toilet brush exports dropped markedly to $X in 2022. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 1,976%. Over the period under review, the exports hit record highs at $X in 2021, and then declined markedly in the following year.

Exports by Country

The United States (X units) was the main destination for hair, shaving and toilet brush exports from the Dominican Republic, with a 61% share of total exports. Moreover, hair, shaving and toilet brush exports to the United States exceeded the volume sent to the second major destination, the UK (X units), threefold. Belgium (X units) ranked third in terms of total exports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +120.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+5,550.1% per year) and Belgium (+71.0% per year).

In value terms, Belgium ($X), the United States ($X) and the UK ($X) constituted the largest markets for hair, shaving and toilet brush exported from the Dominican Republic worldwide, together comprising 98% of total exports.

The UK, with a CAGR of +7,465.9%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for hair brushes and shaving and toilet brushes for personal use stood at $X per unit in 2022, rising by 73% against the previous year. Overall, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of 97%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to the UK ($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 Belgium (+56.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Imports into the Dominican Republic

In 2022, purchases abroad of hair brushes and shaving and toilet brushes for personal use increased by 28% to X units, rising for the sixth consecutive year after three years of decline. In general, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 77%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, hair, shaving and toilet brush imports skyrocketed to $X in 2022. Over the period under review, imports posted a remarkable increase. The pace of growth was the most pronounced in 2013 with an increase of 56% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest supplier of hair, shaving and toilet brush to the Dominican Republic, with a 73% share of total imports. Moreover, hair, shaving and toilet brush imports from China exceeded the figures recorded by the second-largest supplier, El Salvador (X units), fourfold. The third position in this ranking was held by Spain (X units), with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +22.2%. The remaining supplying countries recorded the following average annual rates of imports growth: El Salvador (+18.3% per year) and Spain (+19.3% per year).

In value terms, China ($X) constituted the largest supplier of hair brushes and shaving and toilet brushes for personal use to the Dominican Republic, comprising 63% of total imports. The second position in the ranking was held by El Salvador ($X), with a 20% share of total imports. It was followed by Spain, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: El Salvador (+15.1% per year) and Spain (+16.0% per year).

Import Prices by Country

In 2022, the average import price for hair brushes and shaving and toilet brushes for personal use amounted to $X per unit, increasing by 6.5% against the previous year. Over the period under review, the import price, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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 ($X per unit), while the price for Brazil ($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 (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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