Dominican Republic: Uncoated Kraft Liner Market 2024

Uncoated Kraft Liner Market Size in the Dominican Republic

The Dominican uncoated kraft liner market rose markedly to $X in 2021, increasing by 11% 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). In general, consumption enjoyed strong growth. Uncoated kraft liner consumption peaked in 2021 and is expected to retain growth in the immediate term.

Uncoated Kraft Liner Exports

Exports from the Dominican Republic

After three years of growth, overseas shipments of uncoated kraft liner decreased by -10.8% to X tons in 2021. Over the period under review, exports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2014 with an increase of 224% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, uncoated kraft liner exports contracted rapidly to $X in 2021. In general, exports, however, continue to indicate a modest increase. The pace of growth appeared the most rapid in 2014 with an increase of 197%. The exports peaked at $X in 2020, and then contracted markedly in the following year.

Exports by Country

The United States (X tons), Ecuador (X tons) and Guatemala (X tons) were the main destinations of uncoated kraft liner exports from the Dominican Republic, with a combined 94% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Guatemala (with a CAGR of +26.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for uncoated kraft liner exports from the Dominican Republic, comprising 70% of total exports. The second position in the ranking was taken by Ecuador ($X), with a 22% share of total exports. It was followed by Guatemala, with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (0.0% per year) and Guatemala (+24.8% per year).

Export Prices by Country

The average uncoated kraft liner export price stood at $X per ton in 2021, waning by -36.5% against the previous year. Over the period under review, the export price, however, enjoyed pronounced growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+109.5%), while the prices for the other major destinations experienced more modest paces of growth.

Uncoated Kraft Liner Imports

Imports into the Dominican Republic

For the sixth year in a row, the Dominican Republic recorded growth in overseas purchases of uncoated kraft liner, which increased by 9% to X tons in 2021. In general, imports saw measured growth. The most prominent rate of growth was recorded in 2018 when imports increased by 30%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, uncoated kraft liner imports stood at $X in 2021. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 58%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of uncoated kraft liner to the Dominican Republic, accounting for a 89% share of total imports. It was followed by Colombia (X tons), with a 1.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+8.6% per year) and Australia (-30.6% per year).

In value terms, the United States ($X) constituted the largest supplier of uncoated kraft liner to the Dominican Republic, comprising 89% of total imports. The second position in the ranking was held by Colombia ($X), with a 1.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+11.9% per year) and Australia (-37.2% per year).

Import Prices by Country

The average uncoated kraft liner import price stood at $X per ton in 2021, rising by 2.5% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 21%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Australia ($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 (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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