Report Update Nov 1, 2024

Dominican Republic - Marble and Travertine Blocks and Slabs - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in the Dominican Republic

The Dominican marble and travertine blocks market declined modestly to $X in 2022, shrinking by -4.5% against the previous year. Over the period under review, consumption showed a abrupt setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Marble And Travertine Blocks And Slabs in the Dominican Republic

In value terms, marble and travertine blocks production fell slightly to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 39%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Marble And Travertine Blocks And Slabs

Exports from the Dominican Republic

In 2022, overseas shipments of marble and travertine blocks and slabs increased by 76% to X tons, rising for the second year in a row after two years of decline. Overall, exports posted buoyant growth. The growth pace was the most rapid in 2013 when exports increased by 244%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, marble and travertine blocks exports reached $X in 2022. In general, exports posted a pronounced expansion. The most prominent rate of growth was recorded in 2021 with an increase of 457% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

British Virgin Islands (X kg) was the main destination for marble and travertine blocks exports from the Dominican Republic, with a approx. less than 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to British Virgin Islands was relatively modest.

In value terms, British Virgin Islands ($X) emerged as the key foreign market for marble and travertine blocks and slabs exports from the Dominican Republic.

From 2012 to 2022, the average annual rate of growth in terms of value to British Virgin Islands was relatively modest.

Export Prices by Country

The average marble and travertine blocks export price stood at $X per ton in 2022, reducing by -36.8% against the previous year. Over the period under review, the export price showed a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 144%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for British Virgin Islands.

From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +31.2% per year.

Imports of Marble And Travertine Blocks And Slabs

Imports into the Dominican Republic

In 2022, purchases abroad of marble and travertine blocks and slabs decreased by -68.5% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2016 when imports increased by 436%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, marble and travertine blocks imports declined markedly to $X in 2022. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of 410% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) was the main marble and travertine blocks supplier to the Dominican Republic, with a 281% share of total imports. Moreover, marble and travertine blocks imports from Spain exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+43.4% per year) and the United States (+62.6% per year).

In value terms, the largest marble and travertine blocks suppliers to the Dominican Republic were Spain ($X), Turkey ($X) and the United States ($X).

Turkey, with a CAGR of +108.2%, 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

In 2022, the average marble and travertine blocks import price amounted to $X per ton, declining by -58.4% against the previous year. In general, the import price saw a pronounced decrease. The pace of growth appeared the most rapid in 2020 an increase of 60%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then fell markedly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+45.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for marble and travertine blocks and slabs in the world?

The countries with the highest volumes of in 2021 were China, Italy and the United States, with a combined 49% share of global consumption. These countries were followed by India, Egypt, Japan, Pakistan and Russia, which together accounted for a further 15%.

What are the largest producers of marble and travertine blocks and slabs in the world?

The countries with the highest volumes of in 2021 were Turkey, Italy and the United States, together accounting for 49% of global production.

What are the leading suppliers of marble and travertine blocks and slabs to the Dominican Republic?

In value terms, Spain constituted the largest supplier of marble and travertine blocks to the Dominican Republic, comprising 78% of total imports. The second position in the ranking was occupied by Egypt, with a 4.7% share of total imports. It was followed by Portugal, with a 4.6% share.

What are the leading importers of marble and travertine blocks and slabs from the Dominican Republic?

In value terms, Venezuela remains the key foreign market for marble and travertine blocks exports from the Dominican Republic, comprising 60% of total exports. The second position in the ranking was occupied by Indonesia, with a 10% share of total exports. It was followed by Spain, with a 7.8% share.

What is the average export price for marble and travertine blocks and slabs in the Dominican Republic?

In 2021, the average marble and travertine blocks export price amounted to $221 per ton, rising by 14% against the previous year.

What is the average import price for marble and travertine blocks and slabs in the Dominican Republic?

In 2021, the average marble and travertine blocks import price amounted to $354 per ton, increasing by 3.4% against the previous year.

This report provides an in-depth analysis of the market for marble and travertine blocks in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 08111136 - Marble and travertine merely cut into rectangular or square blocks or slabs

Country coverage:

Dominican Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Dominican Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023