Dominican Republic: Wrapping Papers Market 2025

Wrapping Papers Market Size in the Dominican Republic

The Dominican wrapping papers market soared to $X in 2021, jumping by 25% 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). Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Wrapping Papers Exports

Exports from the Dominican Republic

Wrapping papers exports from the Dominican Republic surged to X tons in 2021, rising by 41% against 2020 figures. Over the period under review, exports, however, continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2017 with an increase of 199% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, wrapping papers exports soared to $X in 2021. Overall, exports continue to indicate tangible growth. The pace of growth appeared the most rapid in 2014 with an increase of 154%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Cuba (X tons), the United States (X tons) and Haiti (X tons) were the main destinations of wrapping papers exports from the Dominican Republic, together comprising 69% of total exports.

From 2012 to 2021, the biggest increases were recorded for Cuba (with a CAGR of +130.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Cuba ($X) and Costa Rica ($X) appeared to be the largest markets for wrapping papers exported from the Dominican Republic worldwide, together comprising 73% of total exports.

Cuba, with a CAGR of +99.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wrapping papers export price stood at $X per ton in 2021, with a decrease of -10.3% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wrapping papers export price decreased by -37.2% against 2016 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 53%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to Ecuador ($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 China (+60.6%), while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Imports

Imports into the Dominican Republic

Wrapping papers imports into the Dominican Republic soared to X tons in 2021, growing by 22% compared with 2020 figures. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 83% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, wrapping papers imports soared to $X in 2021. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 86%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Spain (X tons), the United States (X tons) and Sweden (X tons) were the main suppliers of wrapping papers imports to the Dominican Republic, with a combined 50% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +17.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wrapping papers suppliers to the Dominican Republic were the United States ($X), Spain ($X) and China ($X), with a combined 55% share of total imports.

Spain, with a CAGR of +24.5%, 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 more modest paces of growth.

Import Prices by Country

In 2021, the average wrapping papers import price amounted to $X per ton, surging by 3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 17% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :