Report Update Nov 1, 2024

Dominican Republic - Vulcanised Cellular Rubber Articles for Technical Uses - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Market for Vulcanised Cellular Rubber Articles For Technical Uses 2024

Market Size for Vulcanised Cellular Rubber Articles For Technical Uses in the Dominican Republic

In 2021, the Dominican vulcanised cellular rubber articles market increased by 62% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, saw a perceptible decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Vulcanised Cellular Rubber Articles For Technical Uses

Exports from the Dominican Republic

In 2021, shipments abroad of vulcanised cellular rubber articles for technical uses decreased by -64.9% to X tons, falling for the second year in a row after six years of growth. In general, exports showed a noticeable setback. The most prominent rate of growth was recorded in 2019 when exports increased by 112% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, vulcanised cellular rubber articles exports dropped significantly to $X in 2021. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2019 with an increase of 142% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for vulcanised cellular rubber articles exports from the Dominican Republic, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at -2.1%.

In value terms, the United States ($X) also remains the key foreign market for vulcanised cellular rubber articles for technical uses exports from the Dominican Republic.

From 2012 to 2021, the average annual growth rate of value to the United States totaled -6.4%.

Export Prices by Country

In 2021, the average vulcanised cellular rubber articles export price amounted to $X per ton, dropping by -17.1% against the previous year. In general, the export price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by 15%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -4.5% per year.

Imports of Vulcanised Cellular Rubber Articles For Technical Uses

Imports into the Dominican Republic

In 2021, the amount of vulcanised cellular rubber articles for technical uses imported into the Dominican Republic surged to X tons, growing by 25% compared with 2020 figures. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 121% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, vulcanised cellular rubber articles imports soared to $X in 2021. Overall, imports, however, continue to indicate a abrupt decrease. The growth pace was the most rapid in 2016 with an increase of 83% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), the United States (X tons) and Italy (X tons) were the main suppliers of vulcanised cellular rubber articles imports to the Dominican Republic, with a combined 95% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +27.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), the United States ($X) and Italy ($X) constituted the largest vulcanised cellular rubber articles suppliers to the Dominican Republic, with a combined 83% share of total imports.

China, with a CAGR of +17.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average vulcanised cellular rubber articles import price amounted to $X per ton, jumping by 23% against the previous year. In general, the import price, however, saw a abrupt shrinkage. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Brazil ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+6.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vulcanised cellular rubber articles for technical uses in the world?

China constituted the country with the largest volume of vulcanised cellular rubber articles consumption, comprising approx. 26% of total volume. Moreover, vulcanised cellular rubber articles consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 10% share.

What are the largest producers of vulcanised cellular rubber articles for technical uses in the world?

China remains the largest vulcanised cellular rubber articles producing country worldwide, comprising approx. 33% of total volume. Moreover, vulcanised cellular rubber articles production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 7.3% share.

What are the leading suppliers of vulcanised cellular rubber articles for technical uses to the Dominican Republic?

In value terms, the United States constituted the largest supplier of vulcanised cellular rubber articles to the Dominican Republic, comprising 64% of total imports. The second position in the ranking was occupied by China, with a 21% share of total imports.

What are the leading importers of vulcanised cellular rubber articles for technical uses from the Dominican Republic?

In value terms, Cuba emerged as the key foreign market for vulcanised cellular rubber articles exports from the Dominican Republic, comprising 84% of total exports. The second position in the ranking was occupied by the United States $256), with a 12% share of total exports. It was followed by Aruba, with a 3.6% share.

What is the average export price for vulcanised cellular rubber articles for technical uses in the Dominican Republic?

The average vulcanised cellular rubber articles export price stood at $79,960 per ton in 2020, surging by 550% against the previous year.

What is the average import price for vulcanised cellular rubber articles for technical uses in the Dominican Republic?

The average vulcanised cellular rubber articles import price stood at $11,263 per ton in 2020, picking up by 128% against the previous year.

This report provides an in-depth analysis of the market for vulcanised cellular rubber articles in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22197310 - Vulcanised cellular rubber articles for technical uses

Country coverage:

Dominican Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Dominican Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023