Dominican Republic: Personal Anti-Perspirants Market 2024

Personal Anti-Perspirants Market Size in the Dominican Republic

In 2022, the Dominican personal anti-perspirants market was finally on the rise to reach $X after two years of decline. In general, consumption continues to indicate buoyant growth. Personal anti-perspirants consumption peaked in 2022 and is likely to continue growth in the immediate term.

Personal Anti-Perspirants Exports

Exports from the Dominican Republic

In 2022, approx. X tons of personal deodorants and anti-perspirants were exported from the Dominican Republic; dropping by X% against 2021 figures. In general, exports, however, posted a strong expansion. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then contracted dramatically in the following year.

In value terms, personal anti-perspirants exports contracted remarkably to $X in 2022. Overall, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped remarkably in the following year.

Exports by Country

Haiti (X tons) was the main destination for personal anti-perspirants exports from the Dominican Republic, with a X% share of total exports. It was followed by the United States (X tons), with a X% share of total exports. Bahamas (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Haiti totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Bahamas (X% per year).

In value terms, Haiti ($X) remains the key foreign market for personal deodorants and anti-perspirants exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Bahamas, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Haiti totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Bahamas (X% per year).

Export Prices by Country

In 2022, the average personal anti-perspirants export price amounted to $X per ton, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($X per ton), while the average price for exports to France ($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 Cuba (X%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Anti-Perspirants Imports

Imports into the Dominican Republic

In 2022, supplies from abroad of personal deodorants and anti-perspirants was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded a strong increase. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, personal anti-perspirants imports skyrocketed to $X in 2022. In general, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Mexico (X tons), the United States (X tons) and Colombia (X tons) were the main suppliers of personal anti-perspirants imports to the Dominican Republic, with a combined X% share of total imports. China and Germany lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X), Mexico ($X) and Colombia ($X) constituted the largest personal anti-perspirants suppliers to the Dominican Republic, with a combined X% share of total imports.

Colombia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 personal anti-perspirants import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($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 (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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