Report Update Nov 1, 2024

Dominican Republic - Matches - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Matches Market 2024

Matches Market Size in the Dominican Republic

The Dominican matches market contracted to $X in 2021, which is down by -6% against the previous year. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then declined in the following year.

Matches Production in the Dominican Republic

In value terms, matches production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when the production volume increased by 27% against the previous year. As a result, production reached the peak level of $X, and then fell in the following year.

Matches Exports

Exports from the Dominican Republic

In 2021, shipments abroad of matches decreased by -31.8% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by 5,116% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, matches exports reduced markedly to $X in 2021. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 314%. The exports peaked at $X in 2020, and then dropped sharply in the following year.

Exports by Country

Turks and Caicos Islands (X tons) was the main destination for matches exports from the Dominican Republic, accounting for a approx. 6.7% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Turks and Caicos Islands stood at +9.7%.

In value terms, Turks and Caicos Islands ($X) emerged as the key foreign market for matches exports from the Dominican Republic.

From 2012 to 2021, the average annual growth rate of value to Turks and Caicos Islands totaled +60.3%.

Export Prices by Country

The average matches export price stood at $X per ton in 2021, waning by -3% against the previous year. In general, the export price, however, showed a prominent increase. The growth pace was the most rapid in 2014 an increase of 3,111%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Turks and Caicos Islands.

From 2012 to 2021, the rate of growth in terms of prices for Turks and Caicos Islands amounted to +46.2% per year.

Matches Imports

Imports into the Dominican Republic

In 2021, supplies from abroad of matches increased by 258% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports recorded resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of 536% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, matches imports skyrocketed to $X in 2021. In general, imports posted noticeable growth. The growth pace was the most rapid in 2017 with an increase of 581% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, India (X tons) was the main supplier of matches to the Dominican Republic, accounting for a 92% share of total imports. Moreover, matches imports from India exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from India totaled +20.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-14.2% per year) and China (-5.6% per year).

In value terms, India ($X) constituted the largest supplier of matches to the Dominican Republic, comprising 73% of total imports. The second position in the ranking was taken by the United States ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from India totaled +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.4% per year) and China (+2.3% per year).

Import Prices by Country

The average matches import price stood at $X per ton in 2021, shrinking by -25.5% against the previous year. Overall, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2019 an increase of 14%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for matches in the world?

The countries with the highest volumes of matches consumption in 2020 were China, the United States and India, together comprising 35% of global consumption. These countries were followed by Nigeria, Russia, Brazil, Germany, Indonesia, Belarus, Japan, Ghana and Tanzania, which together accounted for a further 24%.

What are the largest producers of matches in the world?

The countries with the highest volumes of matches production in 2020 were India, China and the United States, with a combined 51% share of global production. Russia, Indonesia, Brazil, Belarus, Pakistan, Sweden, Germany and Japan lagged somewhat behind, together accounting for a further 28%.

What are the leading suppliers of matches to the Dominican Republic?

In value terms, India constituted the largest supplier of matches to the Dominican Republic, comprising 54% of total imports. The second position in the ranking was occupied by Germany, with a 20% share of total imports. It was followed by Spain, with a 13% share.

What is the average export price for matches in the Dominican Republic?

In 2020, the average matches export price amounted to $3,143 per ton, picking up by 2.2% against the previous year.

What is the average import price for matches in the Dominican Republic?

The average matches import price stood at $1,370 per ton in 2020, dropping by -2.3% against the previous year.

This report provides an in-depth analysis of the matches market 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 20512000 - Matches (excluding Bengal matches and other pyrotechnic products)

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
Find deeper insights into current market developments
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