Dominican Republic: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2025

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in the Dominican Republic

In 2021, the Dominican cement prefabricated structural components market decreased by -7.4% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, the total consumption indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +64.9% against 2014 indices. Over the period under review, the market attained the peak level at $X in 2020, and then contracted in the following year.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in the Dominican Republic

In value terms, cement prefabricated structural components production contracted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +64.4% against 2014 indices. The pace of growth appeared the most rapid in 2018 with an increase of 33% against the previous year. Cement prefabricated structural components production peaked at $X in 2020, and then reduced in the following year.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports from the Dominican Republic

In 2021, approx. X tons of prefabricated structural components of cement, concrete or artificial stone were exported from the Dominican Republic; which is down by -95.6% on 2020 figures. Over the period under review, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by 1,481%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, cement prefabricated structural components exports dropped remarkably to $X in 2021. In general, exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2018 with an increase of 1,185% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Haiti (X tons) and the United States (X tons) were the main destinations of cement prefabricated structural components exports from the Dominican Republic.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of -47.6%).

In value terms, the United States ($X) emerged as the key foreign market for prefabricated structural components of cement, concrete or artificial stone exports from the Dominican Republic, comprising 78% of total exports. The second position in the ranking was held by Haiti ($X), with a 22% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to -42.5%.

Export Prices by Country

The average cement prefabricated structural components export price stood at $X per ton in 2021, with an increase of 164% against the previous year. In general, the export price saw a temperate increase. Over the period under review, the average export prices hit record highs at $X per ton in 2016; afterwards, it flattened through to 2021.

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 Haiti amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.6%), while the prices for the other major destinations experienced a decline.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports into the Dominican Republic

In 2021, overseas purchases of prefabricated structural components of cement, concrete or artificial stone decreased by -82% to X tons, falling for the third year in a row after two years of growth. Overall, imports saw a dramatic setback. The most prominent rate of growth was recorded in 2015 when imports increased by 34,826% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, cement prefabricated structural components imports dropped dramatically to $X in 2021. In general, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2015 with an increase of 27,651%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of cement prefabricated structural components to the Dominican Republic, with a 68% share of total imports. Moreover, cement prefabricated structural components imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at -21.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+48.7% per year) and Italy (+26.5% per year).

In value terms, the United States ($X) constituted the largest supplier of prefabricated structural components of cement, concrete or artificial stone to the Dominican Republic, comprising 79% of total imports. The second position in the ranking was held by Italy ($X), with a 15% share of total imports. It was followed by Colombia, with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+21.4% per year) and Colombia (+0.5% per year).

Import Prices by Country

In 2021, the average cement prefabricated structural components import price amounted to $X per ton, increasing by 108% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2017 an increase of 240%. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+15.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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