Dominican Republic: Asphalted Paper Market 2025

Asphalted Paper Market Size in the Dominican Republic

In 2022, the Dominican asphalted paper market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption posted a resilient increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Asphalted Paper Production in the Dominican Republic

In value terms, asphalted paper production totaled $X in 2022 estimated in export price. In general, the total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.4% 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 +0.8% against 2019 indices. The growth pace was the most rapid in 2017 when the production volume increased by 29%. Asphalted paper production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Asphalted Paper Exports

Exports from the Dominican Republic

In 2022, the amount of tarred, bituminised or asphalted paper and paperboard exported from the Dominican Republic reduced notably to X kg, with a decrease of -99.5% on the previous year's figure. Over the period under review, exports showed a significant decline. The most prominent rate of growth was recorded in 2017 when exports increased by 1,519% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, asphalted paper exports fell notably to $X in 2022. Overall, exports faced a sharp setback. The pace of growth was the most pronounced in 2017 when exports increased by 1,581%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

France (X kg) was the main destination for asphalted paper exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to France was relatively modest.

In value terms, France ($X) emerged as the key foreign market for tarred, bituminised or asphalted paper and paperboard exports from the Dominican Republic.

From 2012 to 2022, the average annual rate of growth in terms of value to France was relatively modest.

Export Prices by Country

The average asphalted paper export price stood at $X per ton in 2022, growing by 701% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +30.9% per year.

Asphalted Paper Imports

Imports into the Dominican Republic

In 2022, after two years of decline, there was significant growth in purchases abroad of tarred, bituminised or asphalted paper and paperboard, when their volume increased by 270% to X tons. In general, imports, however, saw a mild slump. The pace of growth was the most pronounced in 2019 with an increase of 311% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, asphalted paper imports surged to $X in 2022. Overall, imports enjoyed a pronounced increase. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) was the main asphalted paper supplier to the Dominican Republic, accounting for a 91% share of total imports. Moreover, asphalted paper imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-9.8% per year) and Panama (+4.9% per year).

In value terms, the United States ($X) constituted the largest supplier of tarred, bituminised or asphalted paper and paperboard to the Dominican Republic, comprising 92% of total imports. The second position in the ranking was held by China ($X), with a 3.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-12.3% per year) and Panama (-1.8% per year).

Import Prices by Country

The average asphalted paper import price stood at $X per ton in 2022, surging by 13% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, asphalted paper import price increased by +81.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 61%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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 Colombia (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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