Report Update Nov 1, 2024

Dominican Republic - Non-Rolled Bitumen Products - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Non-Rolled Bitumen Products Market 2024

Non-Rolled Bitumen Products Market Size in the Dominican Republic

In 2022, the Dominican non-rolled bitumen products market increased by 49% to $X, rising for the second year in a row after three years of decline. In general, consumption enjoyed a strong increase. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the near future.

Non-Rolled Bitumen Products Exports

Exports from the Dominican Republic

In 2022, shipments abroad of non-rolled bitumen products was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 326%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, non-rolled bitumen products exports skyrocketed to $X in 2022. Overall, exports showed prominent growth. The most prominent rate of growth was recorded in 2016 when exports increased by 249% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) and Haiti (X tons) were the main destinations of non-rolled bitumen products exports from the Dominican Republic.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +11.6%).

In value terms, Haiti ($X) and the United States ($X) constituted the largest markets for non-rolled bitumen products exported from the Dominican Republic worldwide.

In terms of the main countries of destination, the United States, with a CAGR of +7.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the average non-rolled bitumen products export price amounted to $X per ton, declining by -9% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 37%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($X per ton), while the average price for exports to the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turks and Caicos Islands (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Rolled Bitumen Products Imports

Imports into the Dominican Republic

In 2022, supplies from abroad of non-rolled bitumen products increased by 26% to X tons, rising for the second consecutive year after three years of decline. Overall, imports showed a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 111%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, non-rolled bitumen products imports soared to $X in 2022. In general, imports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 108% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), Lithuania (X tons) and Colombia (X tons) were the main suppliers of non-rolled bitumen products imports to the Dominican Republic, with a combined 79% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +73.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of non-rolled bitumen products to the Dominican Republic, comprising 47% of total imports. The second position in the ranking was held by Lithuania ($X), with a 20% share of total imports. It was followed by Colombia, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+87.5% per year) and Colombia (+59.4% per year).

Import Prices by Country

In 2022, the average non-rolled bitumen products import price amounted to $X per ton, surging by 25% against the previous year. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, 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 the United States ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+51.6%), 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 non-rolled bitumen products in the world?

The United States constituted the country with the largest volume of non-rolled bitumen products consumption, comprising approx. 42% of total volume. Moreover, non-rolled bitumen products consumption in the United States exceeded the figures recorded by the second-largest consumer, China, threefold. India ranked third in terms of total consumption with a 6.9% share.

What are the largest producers of non-rolled bitumen products in the world?

The United States constituted the country with the largest volume of non-rolled bitumen products production, accounting for 44% of total volume. Moreover, non-rolled bitumen products production in the United States exceeded the figures recorded by the second-largest producer, China, threefold. The third position in this ranking was occupied by India, with a 6.8% share.

What are the leading suppliers of non-rolled bitumen products to the Dominican Republic?

In value terms, the United States constituted the largest supplier of non-rolled bitumen products to the Dominican Republic, comprising 73% of total imports. The second position in the ranking was occupied by Colombia, with a 12% share of total imports.

What are the leading importers of non-rolled bitumen products from the Dominican Republic?

In value terms, Haiti and the United States constituted the largest markets for non-rolled bitumen products exported from the Dominican Republic worldwide.

What is the average export price for non-rolled bitumen products in the Dominican Republic?

In 2021, the average non-rolled bitumen products export price amounted to $1,978 per ton, falling by -38.2% against the previous year.

What is the average import price for non-rolled bitumen products in the Dominican Republic?

The average non-rolled bitumen products import price stood at $621 per ton in 2021, rising by 6.5% against the previous year.

This report provides an in-depth analysis of the non-rolled bitumen products 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 23991290 - Products based on bitumen (excluding in rolls)

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