Dominican Republic: Market for Soap And Organic Surface-Active Products In Bars For Toilet Use 2024

Market Size for Soap And Organic Surface-Active Products In Bars For Toilet Use in the Dominican Republic

The Dominican market for soap and organic surface-active products in bars for toilet use soared to $X in 2022, growing by 69% against the previous year. Over the period under review, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Soap And Organic Surface-Active Products In Bars For Toilet Use in the Dominican Republic

In value terms, production of soap and organic surface-active products in bars for toilet use expanded sharply to $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

Exports of Soap And Organic Surface-Active Products In Bars For Toilet Use

Exports from the Dominican Republic

After two years of growth, shipments abroad of soap and organic surface-active products in bars for toilet use decreased by -76% to X tons in 2022. Overall, exports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2020 when exports increased by 130% against the previous year. The exports peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, exports of soap and organic surface-active products in bars for toilet use contracted rapidly to $X in 2022. In general, exports, however, showed resilient growth. The pace of growth was the most pronounced in 2020 when exports increased by 73%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Haiti (X tons) was the main destination for exports of soap and organic surface-active products in bars for toilet use from the Dominican Republic, with a 81% share of total exports. Moreover, exports of soap and organic surface-active products in bars for toilet use to Haiti exceeded the volume sent to the second major destination, the United States (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Haiti stood at +20.6%.

In value terms, Haiti ($X) remains the key foreign market for soap and organic surface-active products in bars for toilet use exports from the Dominican Republic, comprising 77% of total exports. The second position in the ranking was taken by the United States ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Haiti stood at +26.9%.

Export Prices by Country

In 2022, the average export price for soap and organic surface-active products in bars for toilet use amounted to $X per ton, jumping by 85% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, 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 totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+5.3%).

Imports of Soap And Organic Surface-Active Products In Bars For Toilet Use

Imports into the Dominican Republic

In 2022, the amount of soap and organic surface-active products in bars for toilet use imported into the Dominican Republic soared to X tons, jumping by 18% on the previous year. Over the period under review, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of soap and organic surface-active products in bars for toilet use surged to $X in 2022. Overall, total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +102.2% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Guatemala (X tons), China (X tons) and Turkey (X tons) were the main suppliers of imports of soap and organic surface-active products in bars for toilet use to the Dominican Republic, together accounting for 74% of total imports. The United States, Mexico, Colombia, Costa Rica and Honduras lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Costa Rica (with a CAGR of +204.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Guatemala ($X) constituted the largest supplier of soap and organic surface-active products in bars for toilet use to the Dominican Republic, comprising 50% of total imports. The second position in the ranking was taken by the United States ($X), with a 13% share of total imports. It was followed by Turkey, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Guatemala totaled +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.4% per year) and Turkey (+137.6% per year).

Import Prices by Country

In 2022, the average import price for soap and organic surface-active products in bars for toilet use amounted to $X per ton, growing by 20% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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