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Dominican Republic - Windows, French Windows and Their Frames of Wood - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDominican Republic: Wooden Window Market 2022
Wooden Window Market Size in the Dominican Republic
After two years of growth, the Dominican wooden window market decreased by -77% to $X in 2021. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.
Wooden Window Exports
Exports from the Dominican Republic
In 2021, overseas shipments of windows, french windows and their frames of wood decreased by -53.2% to X kg, falling for the sixth year in a row after two years of growth. Overall, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by 61%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, wooden window exports contracted markedly to $X in 2021. Over the period under review, exports showed a sharp decrease. The pace of growth appeared the most rapid in 2014 with an increase of 39%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.
Exports by Country
The United States (X kg), Panama (X kg) and Haiti (X kg) were the main destinations of wooden window exports from the Dominican Republic.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Panama (with a CAGR of +48.4%), while the other leaders experienced mixed trend patterns.
In value terms, Panama ($X) emerged as the key foreign market for wooden window exports from the Dominican Republic, comprising 68% of total exports. The second position in the ranking was taken by the United States ($X), with a 31% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Panama totaled +32.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+41.1% per year) and Haiti (-44.6% per year).
Export Prices by Country
The average wooden window export price stood at $X per ton in 2021, shrinking by -21.6% against the previous year. In general, export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wooden window export price decreased by -27.7% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 58% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was Panama ($X per ton), while the average price for exports to the United States ($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 Saint Lucia (+34.6%), while the prices for the other major destinations experienced more modest paces of growth.
Wooden Window Imports
Imports into the Dominican Republic
In 2021, overseas purchases of windows, french windows and their frames of wood decreased by -81.1% to X tons, falling for the second consecutive year after three years of growth. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2015 when imports increased by 171% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, wooden window imports fell remarkably to $X in 2021. In general, imports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by 183% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2021, the United States (X tons) constituted the largest supplier of wooden window to the Dominican Republic, accounting for a 69% share of total imports. Moreover, wooden window imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X tons), twofold.
From 2012 to 2021, the average annual growth rate of volume from the United States amounted to -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+13.6% per year) and Spain (-45.0% per year).
In value terms, the United States ($X) constituted the largest supplier of wooden window to the Dominican Republic, comprising 79% of total imports. The second position in the ranking was held by Canada ($X), with a 20% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+16.8% per year) and Spain (-47.3% per year).
Import Prices by Country
In 2021, the average wooden window import price amounted to $X per ton, jumping by 28% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wooden window import price increased by +104.8% against 2018 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in years to come.
Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wooden window 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:
- Prodcom 16231110 - Windows, french windows and their frames, of wood
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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