Dominican Republic: Market for Non-Mineral or Non-Aerated Waters 2024

Market Size for Non-Mineral or Non-Aerated Waters in the Dominican Republic

The Dominican non-mineral or non-aerated water market expanded significantly to $X in 2021, picking up by 5.7% against the previous year. Overall, consumption, however, recorded a strong expansion. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Non-Mineral or Non-Aerated Waters in the Dominican Republic

In value terms, non-mineral or non-aerated water production rose markedly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a resilient increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 55%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Non-Mineral or Non-Aerated Waters

Exports from the Dominican Republic

In 2021, overseas shipments of non-mineral or non-aerated waters decreased by -38.3% to X litres, falling for the third consecutive year after two years of growth. Over the period under review, exports showed a deep setback. The growth pace was the most rapid in 2017 when exports increased by 2,369%. Over the period under review, the exports reached the maximum at X litres in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-mineral or non-aerated water exports dropped rapidly to $X in 2021. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by 2,303% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X litres), Haiti (X litres) and the United States (X litres) were the main destinations of non-mineral or non-aerated water exports from the Dominican Republic, together comprising 91% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +140.0%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) remains the key foreign market for non-mineral or non-aerated waters exports from the Dominican Republic, comprising 69% of total exports. The second position in the ranking was held by Haiti ($X), with a 13% share of total exports. It was followed by Barbados, with a 1.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +129.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (-23.9% per year) and Barbados (-18.1% per year).

Export Prices by Country

In 2021, the average non-mineral or non-aerated water export price amounted to $X per litre, with a decrease of -16.4% against the previous year. In general, the export price, however, showed a slight expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 170% against the previous year. The export price peaked at $X per litre in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per litre), while the average price for exports to Australia (less than $X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Barbados (+5.9%), while the prices for the other major destinations experienced a decline.

Imports of Non-Mineral or Non-Aerated Waters

Imports into the Dominican Republic

In 2021, after three years of decline, there was significant growth in supplies from abroad of non-mineral or non-aerated waters, when their volume increased by 102% to X litres. Over the period under review, imports posted a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by 134% against the previous year. Over the period under review, imports reached the peak figure at X litres in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, non-mineral or non-aerated water imports skyrocketed to $X in 2021. Overall, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of 138% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X litres) constituted the largest non-mineral or non-aerated water supplier to the Dominican Republic, accounting for a 82% share of total imports. Moreover, non-mineral or non-aerated water imports from the United States exceeded the figures recorded by the second-largest supplier, Italy (X litres), sixfold. The third position in this ranking was taken by the UK (X litres), with a 2.9% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +26.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+13.3% per year) and the UK (+43.8% per year).

In value terms, the United States ($X) constituted the largest supplier of non-mineral or non-aerated waters to the Dominican Republic, comprising 80% of total imports. The second position in the ranking was taken by Italy ($X), with a 7.9% share of total imports. It was followed by the UK, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +25.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.1% per year) and the UK (+55.2% per year).

Import Prices by Country

In 2021, the average non-mineral or non-aerated water import price amounted to $X per litre, dropping by -34.4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 42%. Over the period under review, average import prices hit record highs at $X per litre in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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 the UK ($X per litre), while the price for Italy ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :