Report Update: May 1, 2024

Dominican Republic - Hairpins, Curling Pins, Curling Grips And Hair-Curlers - Market Analysis, Forecast, Size, Trends And Insights

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Hairpin Price in the Dominican Republic - 2023

Hairpin Price in the Dominican Republic (CIF) - 2022

In 2022, the average hairpin import price amounted to $3,987 per ton, surging by 2.5% against the previous year. In general, the import price, however, faced a deep contraction. The pace of growth was the most pronounced in 2021 an increase of 43% against the previous year. Over the period under review, average import prices attained the peak figure at $17,672 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($9,531 per ton), while the price for China stood at $3,868 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.6%).

Hairpin Price in the Dominican Republic (FOB) - 2022

The average hairpin export price stood at $4,101 per ton in 2022, growing by 10% against the previous year. Overall, the export price, however, showed a abrupt curtailment. The growth pace was the most rapid in 2014 an increase of 173% against the previous year. As a result, the export price attained the peak level of $25,715 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($18,000 per ton), while the average price for exports to Mexico ($7,188 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 Cuba (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Hairpin Imports in the Dominican Republic

In 2022, approx. 685 tons of hairpins, curling pins, curling grips and hair-curlers were imported into the Dominican Republic; rising by 36% compared with the year before. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hairpin imports soared to $2.7M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Hairpin in the Dominican Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2.0	1.6	1.9	2.6	9.1%
United States	N/A	N/A	N/A	0.1	0%
Others	0.1	0.1	N/A	0.1	0.0%
Total	2.1	1.6	2.0	2.7	8.7%

Top Suppliers of Hairpin to the Dominican Republic in 2022:

China (660.9 tons)
United States (11.4 tons)

Hairpin Exports in the Dominican Republic

After three years of growth, shipments abroad of hairpins, curling pins, curling grips and hair-curlers decreased by -3.2% to 3.4 tons in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 111% against the previous year.

In value terms, hairpin exports expanded rapidly to $14K in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 68%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Export of Hairpin in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Cuba	N/A	N/A	1.6	5.4	237.5%
Haiti	1.7	6.2	3.4	3.0	20.8%
Mexico	N/A	N/A	N/A	0.7	0%
France	N/A	N/A	0.3	0.6	100.0%
United States	0.9	1.0	3.7	0.4	-23.7%
Others	2.5	1.5	4.2	4.0	17.0%
Total	5.2	8.7	13.2	14.1	39.4%

Top Export Markets for Hairpin from the Dominican Republic in 2022:

Cuba (617.0 kg)
Haiti (313.0 kg)
Mexico (101.0 kg)
United States (56.0 kg)
France (31.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hairpin 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 22292915 - Hairpins, curling pins, curling grips, hair-curlers and the like, a nd parts thereof, of plastic (excluding electro-thermic hairdressing apparatus)
Prodcom 25992928 - Hairpins, curling pins, curling grips, hair-curlers and the like, a nd parts thereof, of metal (excluding electro-thermic hairdressing apparatus)
Prodcom 399900Z4 - Hairpins, curling pins, curling grips, hair-curlers and the like, a nd parts thereof (excluding electro-thermic hairdressing apparatus)

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