Dominican Republic: Plain Postcard Market 2024

Plain Postcard Market Size in the Dominican Republic

In 2021, the Dominican plain postcard market was finally on the rise to reach $X after two years of decline. Over the period under review, the total consumption indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -16.2% against 2018 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Plain Postcard Production in the Dominican Republic

In value terms, plain postcard production rose slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when the production volume increased by 34%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Plain Postcard Exports

Exports from the Dominican Republic

In 2021, overseas shipments of letter cards, plain postcards and correspondence cards decreased by -7.4% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 167% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, plain postcard exports surged to $X in 2021. In general, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2016 when exports increased by 114%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Jamaica (X tons) was the main destination for plain postcard exports from the Dominican Republic, with a 97% share of total exports. It was followed by Haiti (X kg), with a 1.2% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Jamaica totaled +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (-14.9% per year) and the United States (+1.4% per year).

In value terms, Jamaica ($X) remains the key foreign market for letter cards, plain postcards and correspondence cards exports from the Dominican Republic, comprising 92% of total exports. The second position in the ranking was taken by the United States ($X), with a 5.9% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Jamaica stood at -3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-4.0% per year) and Haiti (-11.9% per year).

Export Prices by Country

In 2021, the average plain postcard export price amounted to $X per ton, rising by 59% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Jamaica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Plain Postcard Imports

Imports into the Dominican Republic

In 2021, the amount of letter cards, plain postcards and correspondence cards imported into the Dominican Republic declined significantly to X tons, waning by -29.1% against 2020 figures. Over the period under review, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 when imports increased by 236%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, plain postcard imports stood at $X in 2021. Overall, imports faced a deep reduction. The growth pace was the most rapid in 2016 when imports increased by 156%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of plain postcard to the Dominican Republic, accounting for a 68% share of total imports. Moreover, plain postcard imports from the United States exceeded the figures recorded by the second-largest supplier, China (X kg), threefold.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled -8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.0% per year) and the UK (+5.4% per year).

In value terms, the United States ($X) constituted the largest supplier of letter cards, plain postcards and correspondence cards to the Dominican Republic, comprising 78% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-5.2% per year) and the UK (-6.8% per year).

Import Prices by Country

The average plain postcard import price stood at $X per ton in 2021, jumping by 46% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 54%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, 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 the United States ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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