Dominican Republic: Market for Rubber-to-Metal and Moulded Articles 2025

Market Size for Rubber-to-Metal and Moulded Articles in the Dominican Republic

After two years of growth, the Dominican rubber-to-metal and moulded article market decreased by -3.6% to $X in 2021. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Rubber-to-Metal and Moulded Articles in the Dominican Republic

In value terms, rubber-to-metal and moulded article production contracted slightly to $X in 2021 estimated in export price. In general, production recorded a slight decrease. The most prominent rate of growth was recorded in 2019 when the production volume increased by 16%. Rubber-to-metal and moulded article production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Rubber-to-Metal and Moulded Articles

Exports from the Dominican Republic

In 2021, approx. X tons of rubber-to-metal and moulded articles were exported from the Dominican Republic; waning by -57.4% against 2020 figures. Over the period under review, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 380% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, rubber-to-metal and moulded article exports dropped markedly to $X in 2021. In general, exports showed a precipitous setback. The growth pace was the most rapid in 2020 with an increase of 270% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Haiti (X tons) was the main destination for rubber-to-metal and moulded article exports from the Dominican Republic, accounting for a 59% share of total exports. Moreover, rubber-to-metal and moulded article exports to Haiti exceeded the volume sent to the second major destination, the United States (X tons), threefold. The third position in this ranking was held by Colombia (X tons), with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Haiti amounted to +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-38.3% per year) and Colombia (+102.3% per year).

In value terms, Haiti ($X) remains the key foreign market for rubber-to-metal and moulded articles exports from the Dominican Republic, comprising 63% of total exports. The second position in the ranking was held by the United States ($X), with a 16% share of total exports. It was followed by Colombia, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Haiti totaled +15.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-43.4% per year) and Colombia (+110.7% per year).

Export Prices by Country

The average rubber-to-metal and moulded article export price stood at $X per ton in 2021, shrinking by -8.8% against the previous year. In general, the export price showed a deep slump. The pace of growth was the most pronounced in 2013 an increase of 80% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Haiti ($X per ton) and the United States ($X per ton), while the average price for exports to Colombia ($X per ton) and Jamaica ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rubber-to-Metal and Moulded Articles

Imports into the Dominican Republic

In 2021, supplies from abroad of rubber-to-metal and moulded articles decreased by -5% to X tons, falling for the third consecutive year after four years of growth. Overall, imports, however, recorded pronounced growth. The pace of growth was the most pronounced in 2018 when imports increased by 54%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, rubber-to-metal and moulded article imports totaled $X in 2021. The total import value increased at an average annual rate of +4.3% 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 2019 when imports increased by 21%. As a result, imports reached the peak of $X; afterwards, it flattened through to 2021.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of rubber-to-metal and moulded article to the Dominican Republic, accounting for a 46% share of total imports. Moreover, rubber-to-metal and moulded article imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Japan (X tons) ranked third in terms of total imports with a 9% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-1.7% per year) and Japan (+0.4% per year).

In value terms, the largest rubber-to-metal and moulded article suppliers to the Dominican Republic were China ($X), the United States ($X) and Japan ($X), with a combined 73% share of total imports. These countries were followed by Spain, South Korea, Mexico, Germany, India and Thailand, which together accounted for a further 15%.

South Korea, with a CAGR of +14.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average rubber-to-metal and moulded article import price stood at $X per ton in 2021, surging by 21% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 24%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat 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 Germany ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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