Dominican Republic - Safety Glass - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDominican Republic: Safety Glass Market 2024
Safety Glass Exports
Exports from the Dominican Republic
In 2022, approx. X square meters of safety glass were exported from the Dominican Republic; falling by -32.5% against the year before. Overall, exports, however, recorded buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 461% against the previous year. As a result, the exports attained the peak of X square meters, and then shrank notably in the following year.
In value terms, safety glass exports reduced rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 597%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.
Exports by Country
Haiti (X square meters), the United States (X square meters) and Saint Lucia (X square meters) were the main destinations of safety glass exports from the Dominican Republic.
From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +0.6%), while shipments for the other leaders experienced mixed trend patterns.
In value terms, Haiti ($X) emerged as the key foreign market for safety glass exports from the Dominican Republic, comprising 66% of total exports. The second position in the ranking was held by the United States ($X), with a 22% share of total exports. It was followed by France, with a 5.9% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Haiti was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+1.3% per year) and France (-13.6% per year).
Export Prices by Country
The average safety glass export price stood at $X per square meter in 2021, waning by -67.1% against the previous year. In general, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of 2,274%. As a result, the export price reached the peak level of $X per square meter. From 2015 to 2021, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jamaica ($X per square meter), while the average price for exports to Saint Lucia ($X per square meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.
Safety Glass Imports
Imports into the Dominican Republic
In 2022, approx. X square meters of safety glass were imported into the Dominican Republic; growing by 66% on the previous year. In general, imports showed significant growth. The growth pace was the most rapid in 2018 when imports increased by 125%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, safety glass imports declined modestly to $X in 2022. Overall, imports saw a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 92%. As a result, imports attained the peak of $X, and then contracted in the following year.
Imports by Country
In 2021, China (X square meters) constituted the largest supplier of safety glass to the Dominican Republic, accounting for a 71% share of total imports. Moreover, safety glass imports from China exceeded the figures recorded by the second-largest supplier, the United States (X square meters), sevenfold. The third position in this ranking was held by Mexico (X square meters), with a 6.7% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +28.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+24.9% per year) and Mexico (+19.7% per year).
In value terms, China ($X) constituted the largest supplier of safety glass to the Dominican Republic, comprising 63% of total imports. The second position in the ranking was held by the United States ($X), with a 10% share of total imports. It was followed by Mexico, with a 6.2% share.
From 2012 to 2021, the average annual growth rate of value from China totaled +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+16.8% per year) and Mexico (+16.4% per year).
Import Prices by Country
The average safety glass import price stood at $X per square meter in 2021, waning by -5.6% against the previous year. In general, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2014 when the average import price increased by 61%. As a result, import price reached the peak level of $X per square meter. From 2015 to 2021, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Colombia ($X per square meter), while the price for Spain ($X per square meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+43.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the safety glass market in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23121210 - Toughened (tempered) safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, s pacecraft, vessels and other vehicles
- Prodcom 23121230 - Toughened (tempered) safety glass, n.e.c.
- Prodcom 23121250 - Laminated safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, spacecraft, vessels and other vehicles
- Prodcom 23121270 - Laminated safety glass, n.e.c.
Country coverage:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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