Dominican Republic: Market for Moulded Or Pressed Articles Of Paper Pulp 2025

Market Size for Moulded Or Pressed Articles Of Paper Pulp in the Dominican Republic

The Dominican paper pulp moulded articles market surged to $X in 2022, jumping by 18% against the previous year. Over the period under review, consumption enjoyed strong growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Moulded Or Pressed Articles Of Paper Pulp in the Dominican Republic

In value terms, paper pulp moulded articles production reached $X in 2022 estimated in export price. Overall, production showed prominent growth. The growth pace was the most rapid in 2020 with an increase of 28%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Moulded Or Pressed Articles Of Paper Pulp

Exports from the Dominican Republic

In 2022, shipments abroad of moulded or pressed articles of paper pulp decreased by -24.2% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted notable growth. The pace of growth was the most pronounced in 2016 when exports increased by 38%. Over the period under review, the exports attained the maximum at X tons in 2021, and then dropped remarkably in the following year.

In value terms, paper pulp moulded articles exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for paper pulp moulded articles exports from the Dominican Republic, with a 72% share of total exports. Moreover, paper pulp moulded articles exports to the United States exceeded the volume sent to the second major destination, Costa Rica (X tons), more than tenfold. Guatemala (X tons) ranked third in terms of total exports with a 3.8% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +12.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (+7.8% per year) and Guatemala (+6.6% per year).

In value terms, the United States ($X) remains the key foreign market for moulded or pressed articles of paper pulp exports from the Dominican Republic, comprising 70% of total exports. The second position in the ranking was taken by Guatemala ($X), with a 7.1% share of total exports. It was followed by Costa Rica, with a 5.8% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +25.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+27.9% per year) and Costa Rica (+22.3% per year).

Export Prices by Country

The average paper pulp moulded articles export price stood at $X per ton in 2022, picking up by 56% against the previous year. In general, the export price posted a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Trinidad and Tobago ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Moulded Or Pressed Articles Of Paper Pulp

Imports into the Dominican Republic

In 2022, supplies from abroad of moulded or pressed articles of paper pulp increased by 38% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2018 when imports increased by 294%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, paper pulp moulded articles imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 252% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Mexico (X tons), Panama (X tons) and Venezuela (X tons) were the main suppliers of paper pulp moulded articles imports to the Dominican Republic, together accounting for 76% of total imports. Guatemala, the United States, Spain and Colombia lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +183.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constituted the largest supplier of moulded or pressed articles of paper pulp to the Dominican Republic, comprising 47% of total imports. The second position in the ranking was taken by Panama ($X), with a 21% share of total imports. It was followed by the United States, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value from Mexico totaled +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (+11.6% per year) and the United States (-7.3% per year).

Import Prices by Country

The average paper pulp moulded articles import price stood at $X per ton in 2022, jumping by 26% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 222%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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