Dominican Republic: Market for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip 2024

Market Size for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in the Dominican Republic

The Dominican non-cellular polyvinyl chloride film market soared to $X in 2022, rising by 33% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a prominent increase. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in the near future.

Exports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Exports from the Dominican Republic

In 2022, the amount of non-cellular polyvinyl chloride films, sheets, foil and strip exported from the Dominican Republic dropped notably to X tons, with a decrease of -18.6% compared with 2021. In general, exports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 162% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, non-cellular polyvinyl chloride film exports reduced markedly to $X in 2022. Overall, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 157% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Haiti (X tons), Trinidad and Tobago (X tons) and the United States (X tons) were the main destinations of non-cellular polyvinyl chloride film exports from the Dominican Republic, with a combined 99% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Trinidad and Tobago (with a CAGR of +24.0%), while the other leaders experienced mixed trend patterns.

In value terms, Trinidad and Tobago ($X), Haiti ($X) and the United States ($X) appeared to be the largest markets for non-cellular polyvinyl chloride film exported from the Dominican Republic worldwide, with a combined 98% share of total exports.

Trinidad and Tobago, with a CAGR of +14.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average non-cellular polyvinyl chloride film export price amounted to $X per ton, which is down by -9.5% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Trinidad and Tobago ($X per ton), while the average price for exports to Haiti ($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 Haiti (-0.6%), while the prices for the other major destinations experienced a decline.

Imports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Imports into the Dominican Republic

Non-cellular polyvinyl chloride film imports into the Dominican Republic skyrocketed to X tons in 2022, with an increase of 28% compared with the previous year's figure. Over the period under review, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 72%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, non-cellular polyvinyl chloride film imports skyrocketed to $X in 2022. Overall, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

The United States (X tons), China (X tons) and Mexico (X tons) were the main suppliers of non-cellular polyvinyl chloride film imports to the Dominican Republic, with a combined 89% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +26.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Mexico ($X) appeared to be the largest non-cellular polyvinyl chloride film suppliers to the Dominican Republic, together comprising 89% of total imports. Germany, Israel, Colombia and Uruguay lagged somewhat behind, together comprising a further 4.7%.

Germany, with a CAGR of +28.2%, recorded the highest rates of growth with regard to 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 non-cellular polyvinyl chloride film import price stood at $X per ton in 2022, increasing by 4.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2020 an increase of 14% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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