Commercial Printing Price in the Dominican Republic - 2023
Contents:
- Commercial Printing Price in the Dominican Republic (CIF) - 2022
- Commercial Printing Price in the Dominican Republic (FOB) - 2022
- Commercial Printing Imports in the Dominican Republic
- Commercial Printing Exports in the Dominican Republic
Commercial Printing Price in the Dominican Republic (CIF) - 2022
In 2022, the average commercial printing import price amounted to $11,069 per ton, growing by 8.4% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 14% against the previous year. As a result, import price reached the peak level of $13,647 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($11,273 per ton), while the price for Guatemala ($5,987 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Commercial Printing Price in the Dominican Republic (FOB) - 2022
In 2022, the average commercial printing export price amounted to $7,348 per ton, waning by -12.8% against the previous year. Overall, the export price showed a deep reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 42%. The export price peaked at $18,399 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($66,522 per ton), while the average price for exports to Cuba ($2,936 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+10.1%), while the prices for the other major destinations experienced a decline.
Commercial Printing Imports in the Dominican Republic
In 2022, approx. 8.3K tons of commercial printing (except screen and books) were imported into the Dominican Republic; which is down by -2.2% against 2021. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports attained the peak of 8.5K tons, and then dropped slightly in the following year.
In value terms, commercial printing imports rose notably to $92M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Commercial Printing in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 29.5 | 28.1 | 36.8 | 32.1 | 2.9% |
| China | 7.0 | 5.7 | 5.4 | 11.2 | 17.0% |
| Mexico | 10.4 | 5.7 | 7.3 | 8.6 | -6.1% |
| Spain | 9.3 | 4.1 | 9.2 | 7.5 | -6.9% |
| Germany | 1.6 | 4.2 | 7.8 | 4.6 | 42.2% |
| Colombia | 3.5 | 3.6 | 5.1 | 4.2 | 6.3% |
| Guatemala | 0.7 | 0.5 | 0.6 | 1.4 | 26.0% |
| Others | 21.5 | 24.9 | 14.8 | 22.7 | 1.8% |
| Total | 83.4 | 76.7 | 87.0 | 92.3 | 3.4% |
Top Suppliers of Commercial Printing to the Dominican Republic in 2022:
- United States (3.2K tons)
- China (1.0K tons)
- Mexico (0.9K tons)
- Colombia (0.7K tons)
- Spain (0.7K tons)
- Germany (0.6K tons)
- Guatemala (0.2K tons)
Commercial Printing Exports in the Dominican Republic
In 2022, commercial printing exports from the Dominican Republic surged to 3K tons, jumping by 37% on 2021. Over the period under review, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 57%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, commercial printing exports skyrocketed to $22M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Commercial Printing in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | N/A | N/A | 5.7 | 0% |
| Haiti | 5.2 | 5.5 | 7.7 | 5.7 | 3.1% |
| United States | 6.3 | 3.9 | 4.9 | 5.0 | -7.4% |
| Nicaragua | 1.5 | 1.7 | 4.1 | 3.7 | 35.1% |
| Honduras | 0.3 | 0.3 | 0.4 | 0.5 | 18.6% |
| United Kingdom | 0.6 | 0.1 | N/A | N/A | -83.3% |
| Others | 1.6 | 1.8 | 1.3 | 1.4 | -4.4% |
| Total | 15.5 | 13.2 | 18.4 | 22.0 | 12.4% |
Top Export Markets for Commercial Printing from the Dominican Republic in 2022:
- Haiti (1814.1 tons)
- United States (686.3 tons)
- Lithuania (179.3 tons)
- Nicaragua (55.1 tons)
- Honduras (34.2 tons)
- United Kingdom (9.0 tons)
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