Dominican Republic: Plastic Sanitary Ware Market 2024

Plastic Sanitary Ware Market Size in the Dominican Republic

In 2022, the Dominican plastic sanitary ware market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated a remarkable increase 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. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Plastic Sanitary Ware Production in the Dominican Republic

In value terms, plastic sanitary ware production declined to $X in 2022 estimated in export price. Over the period under review, the total production indicated a moderate expansion 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. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Plastic sanitary ware production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Plastic Sanitary Ware Exports

Exports from the Dominican Republic

In 2022, overseas shipments of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports, however, saw a deep contraction. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic sanitary ware exports expanded significantly to $X in 2022. Overall, exports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Haiti (X units) was the main destination for plastic sanitary ware exports from the Dominican Republic, accounting for a X% share of total exports. Moreover, plastic sanitary ware exports to Haiti exceeded the volume sent to the second major destination, the United States (X units), fourfold.

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

In value terms, Haiti ($X), the United States ($X) and Cuba ($X) constituted the largest markets for plastic sanitary ware exported from the Dominican Republic worldwide, with a combined X% share of total exports.

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

Export Prices by Country

In 2022, the average plastic sanitary ware export price amounted to $X per unit, waning by X% against the previous year. Overall, the export price, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2014 an increase of X%. The export price peaked at $X per unit in 2021, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Sanitary Ware Imports

Imports into the Dominican Republic

For the eleventh consecutive year, the Dominican Republic recorded growth in supplies from abroad of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware, which increased by X% to X units in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, plastic sanitary ware imports skyrocketed to $X in 2022. Overall, imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest supplier of plastic sanitary ware to the Dominican Republic, accounting for a X% share of total imports. Moreover, plastic sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, Colombia (X units), fourfold. The third position in this ranking was held by Spain (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Spain (X% per year).

In value terms, China ($X) constituted the largest supplier of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware to the Dominican Republic, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with an X% share of total imports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Mexico (X% per year).

Import Prices by Country

In 2022, the average plastic sanitary ware import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 Spain ($X per unit), while the price for Peru ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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