Dominican Republic: Market for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in the Dominican Republic

The Dominican market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses soared to $X in 2020, picking up by X% 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). Over the period under review, consumption recorded a moderate expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports from the Dominican Republic

In 2020, shipments abroad of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses was finally on the rise to reach X square meters for the first time since 2017, thus ending a two-year declining trend. Over the period under review, exports, however, showed a relatively flat trend pattern. Exports peaked at X square meters in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

In value terms, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses skyrocketed to $X in 2020. Overall, exports, however, posted a buoyant increase. Over the period under review, exports reached the maximum at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

Haiti (X square meters) was the main destination for exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from the Dominican Republic, accounting for a X% share of total exports. Moreover, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses to Haiti exceeded the volume sent to the second major destination, the U.S. (X square meters), threefold. The third position in this ranking was occupied by British Virgin Islands (X square meters), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Haiti amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and British Virgin Islands (+X% per year).

In value terms, Haiti ($X) remains the key foreign market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by British Virgin Islands, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Haiti amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and British Virgin Islands (+X% per year).

Export Prices by Country

The average export price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses stood at $X per square meter in 2020, picking up by X% against the previous year. Overall, the export price showed a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs in 2020 and is likely to continue growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Haiti ($X per square meter), while the average price for exports to Cuba ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Imports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports into the Dominican Republic

In 2020, overseas purchases of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses were finally on the rise to reach X square meters for the first time since 2017, thus ending a two-year declining trend. Overall, imports recorded a pronounced expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses soared to $X in 2020. Over the period under review, imports continue to indicate a temperate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, China (X square meters) constituted the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels supplier to the Dominican Republic, with a X% share of total imports. Moreover, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from China exceeded the figures recorded by the second-largest supplier, the U.S. (X square meters), sixfold. The third position in this ranking was occupied by South Korea (X square meters), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and South Korea (+X% per year).

In value terms, China ($X) constituted the largest supplier of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels to the Dominican Republic, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Colombia (+X% per year).

Import Prices by Country

The average import price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses stood at $X per square meter in 2020, rising by X% against the previous year. In general, the import price, however, saw a mild slump. The import price peaked at $X per square meter in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Colombia ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Colombia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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