Dominican Republic: Market for Plastic Doors, Windows And Their Frames 2024

Market Size for Plastic Doors, Windows And Their Frames in the Dominican Republic

The Dominican plastic doors and windows market skyrocketed to $X in 2022, growing by 25% 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). Overall, consumption posted a remarkable increase. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in years to come.

Exports of Plastic Doors, Windows And Their Frames

Exports from the Dominican Republic

In 2022, the amount of plastic doors, windows and their frames exported from the Dominican Republic soared to X units, rising by 767% against the previous year. Over the period under review, exports, however, showed a pronounced slump. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic doors and windows exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 5,657%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Cuba (X units) was the main destination for plastic doors and windows exports from the Dominican Republic, with a 67% share of total exports. Moreover, plastic doors and windows exports to Cuba exceeded the volume sent to the second major destination, the Netherlands (X units), fivefold. Haiti (X units) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2022, the average annual growth rate of volume to Cuba amounted to +352.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (0.0% per year) and Haiti (-25.0% per year).

In value terms, Cuba ($X) emerged as the key foreign market for plastic doors, windows and their frames exports from the Dominican Republic, comprising 74% of total exports. The second position in the ranking was taken by Haiti ($X), with a 7.7% share of total exports. It was followed by Curacao, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cuba totaled +407.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (-24.8% per year) and Curacao (+5.2% per year).

Export Prices by Country

In 2022, the average plastic doors and windows export price amounted to $X per unit, which is down by -44.2% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 717% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Aruba ($X per unit), while the average price for exports to the Netherlands ($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 Jamaica (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Doors, Windows And Their Frames

Imports into the Dominican Republic

Plastic doors and windows imports into the Dominican Republic expanded remarkably to X units in 2022, surging by 15% on 2021. Over the period under review, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 297% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, plastic doors and windows imports soared to $X in 2022. In general, imports saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 239% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of plastic doors and windows to the Dominican Republic, accounting for a 56% share of total imports. Moreover, plastic doors and windows imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. The third position in this ranking was taken by Spain (X units), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.8% per year) and Spain (+26.1% per year).

In value terms, the United States ($X), China ($X) and Spain ($X) were the largest plastic doors and windows suppliers to the Dominican Republic, together accounting for 83% of total imports. Italy, Canada, Colombia and Turkey lagged somewhat behind, together comprising a further 15%.

Colombia, with a CAGR of +84.1%, 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

In 2022, the average plastic doors and windows import price amounted to $X per unit, with an increase of 20% against the previous year. In general, the import price showed a slight increase. The growth pace was the most rapid in 2016 when the average import price increased by 59%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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