Report Update Jan 1, 2025

Dominican Republic - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Wood Pellets Market 2025

Wood Pellets Market Size in the Dominican Republic

In 2022, the Dominican wood pellets market decreased by -97.8% to $X, falling for the fourth year in a row after seven years of growth. In general, consumption saw a sharp reduction. Wood pellets consumption peaked at $X in 2018; afterwards, it flattened through to 2022.

Wood Pellets Exports

Exports from the Dominican Republic

In 2019, approx. X tons of wood pellets were exported from the Dominican Republic; rising by 31% on the previous year. The total export volume increased at an average annual rate of +31.5% over the period from 2018 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood pellets exports reduced sharply to $X in 2019. Overall, exports, however, saw a dramatic decline. Over the period under review, the exports hit record highs at $X in 2018, and then reduced dramatically in the following year.

Exports by Country

Germany (X tons) was the main destination for wood pellets exports from the Dominican Republic, with a 98% share of total exports. It was followed by Turks and Caicos Islands (X kg), with a 1.5% share of total exports.

From 2018 to 2019, the average annual rate of growth in terms of volume to Germany was relatively modest.

In value terms, Germany ($X) emerged as the key foreign market for wood pellets exports from the Dominican Republic, comprising 92% of total exports. The second position in the ranking was taken by Turks and Caicos Islands ($X), with a 7.7% share of total exports.

From 2018 to 2019, the average annual rate of growth in terms of value to Germany was relatively modest.

Export Prices by Country

The average wood pellets export price stood at $X per ton in 2019, waning by -67.2% against the previous year. Overall, the export price recorded a significant decline. Over the period under review, the average export prices hit record highs at $X per ton in 2018, and then reduced markedly in the following year.

There were significant differences in the average prices for the major export markets. In 2019, amid the top suppliers, the country with the highest price was Turks and Caicos Islands ($X per ton), while the average price for exports to Germany totaled $X per ton.

From 2018 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Turks and Caicos Islands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Pellets Imports

Imports into the Dominican Republic

In 2022, purchases abroad of wood pellets decreased by -98.3% to X tons, falling for the fourth year in a row after seven years of growth. Overall, imports showed a dramatic decrease. The growth pace was the most rapid in 2015 with an increase of 106%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, wood pellets imports reduced rapidly to $X in 2022. In general, imports faced a deep slump. The pace of growth appeared the most rapid in 2015 when imports increased by 102% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Chile (X tons) was the main supplier of wood pellets to the Dominican Republic, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Chile totaled -25.4%.

In value terms, Chile ($X) constituted the largest supplier of wood pellets to the Dominican Republic.

From 2012 to 2022, the average annual growth rate of value from Chile totaled +14.9%.

Import Prices by Country

The average wood pellets import price stood at $X per ton in 2022, surging by 3,234% against the previous year. In general, the import price enjoyed significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +54.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood pellets in the world?

The UK constituted the country with the largest volume of wood pellets consumption, comprising approx. 23% of total volume. Moreover, wood pellets consumption in the UK exceeded the figures recorded by the second-largest consumer, Italy, threefold. The third position in this ranking was occupied by the Netherlands, with a 6.5% share.

What are the largest producers of wood pellets in the world?

United States remains the largest wood pellets producing country worldwide, comprising approx. 19% of total volume. Moreover, wood pellets production in United States exceeded the figures recorded by the second-largest producer, Canada, twofold. The third position in this ranking was occupied by Viet Nam, with a 7.4% share.

What are the leading suppliers of wood pellets to the Dominican Republic?

In value terms, Spain, Costa Rica and United States appeared to be the largest wood pellets suppliers to the Dominican Republic.

What is the average export price for wood pellets in the Dominican Republic?

The average wood pellets export price stood at $260 per ton in 2018, approximately equating the previous year.

What is the average import price for wood pellets in the Dominican Republic?

The average wood pellets import price stood at $210 per ton in 2020, flattening at the previous year.

This report provides an in-depth analysis of the wood pellets market 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:

FCL 1693 - Wood pellets

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024