Dominican Republic: Packaging Materials Market 2025

Packaging Materials Market Size in the Dominican Republic

The Dominican packaging materials market surged to $X in 2022, rising by 22% against the previous year. Overall, consumption, however, enjoyed a prominent expansion. Packaging materials consumption peaked in 2022 and is expected to retain growth in years to come.

Packaging Materials Production in the Dominican Republic

In value terms, packaging materials production shrank slightly to $X in 2022 estimated in export price. In general, production showed a prominent expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by 47%. Over the period under review, production attained the maximum level at $X in 2019; afterwards, it flattened through to 2022.

Packaging Materials Exports

Exports from the Dominican Republic

In 2022, shipments abroad of packaging materials increased by 99% to X tons, rising for the second consecutive year after five years of decline. Over the period under review, exports saw a resilient increase. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, packaging materials exports skyrocketed to $X in 2022. Overall, exports recorded a resilient increase. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Honduras (X tons), India (X tons) and the United States (X tons) were the main destinations of packaging materials exports from the Dominican Republic, with a combined 83% share of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +84.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for packaging materials exported from the Dominican Republic were the United States ($X), Honduras ($X) and Haiti ($X), together comprising 86% of total exports. India, Costa Rica, Colombia, Thailand, Jamaica and China lagged somewhat behind, together accounting for a further 12%.

In terms of the main countries of destination, India, with a CAGR of +78.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average packaging materials export price stood at $X per ton in 2022, surging by 27% against the previous year. Over the period under review, the export price, however, saw a abrupt contraction. The growth pace was the most rapid in 2019 when the average export price increased by 89%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Colombia ($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 China (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

Packaging Materials Imports

Imports into the Dominican Republic

In 2022, imports of packaging materials into the Dominican Republic shrank slightly to X tons, almost unchanged from the previous year's figure. In general, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 32% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then contracted in the following year.

In value terms, packaging materials imports soared to $X in 2022. Over the period under review, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 38%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of packaging materials to the Dominican Republic, with a 75% share of total imports. Moreover, packaging materials imports from the United States exceeded the figures recorded by the second-largest supplier, Brazil (X tons), more than tenfold. The third position in this ranking was taken by China (X tons), with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+7.8% per year) and China (+21.2% per year).

In value terms, the United States ($X) constituted the largest supplier of packaging materials to the Dominican Republic, comprising 62% of total imports. The second position in the ranking was taken by Brazil ($X), with a 13% share of total imports. It was followed by Mexico, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+6.8% per year) and Mexico (+60.6% per year).

Import Prices by Country

In 2022, the average packaging materials import price amounted to $X per ton, with an increase of 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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