Report Update: May 1, 2024

Dominican Republic - Plastics Household Articles And Toilet Articles - Market Analysis, Forecast, Size, Trends and Insights

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Plastic Household Ware Price in the Dominican Republic - 2023

Plastic Household Ware Price in the Dominican Republic (FOB) - 2023

In March 2023, the average plastic household ware export price amounted to $4,995 per ton, rising by 2.5% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 81% month-to-month. The export price peaked at $5,672 per ton in December 2022; however, from January 2023 to March 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In March 2023, the highest price was recorded for prices to Canada ($5,399 per ton) and the United States ($5,273 per ton), while the average price for exports to Panama ($3,975 per ton) and Jamaica ($4,148 per ton) were amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Ware Price in the Dominican Republic (CIF) - 2022

In 2022, the average plastic household ware import price amounted to $5,689 per ton, shrinking by -7.9% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 30%. The import price peaked at $9,070 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Mexico ($8,095 per ton), while the price for Colombia ($3,606 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Plastic Household Ware Exports in the Dominican Republic

For the fourth year in a row, the Dominican Republic recorded growth in overseas shipments of plastics household articles and toilet articles, which increased by 58% to 43K tons in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic household ware exports surged to $188M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Plastic Household Ware in the Dominican Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	34.7	47.4	71.1	102	43.2%
United Arab Emirates	N/A	N/A	N/A	36.2	0%
Haiti	17.5	15.9	26.9	25.9	14.0%
Trinidad and Tobago	1.9	1.6	2.3	5.8	45.1%
Jamaica	1.0	1.7	3.9	4.7	67.5%
Canada	0.8	3.6	2.3	2.0	35.7%
Others	9.6	7.1	9.6	11.4	5.9%
Total	65.6	77.4	116	188	42.0%

Top Export Markets for Plastic Household Ware from the Dominican Republic in 2022:

United States (24.4K tons)
United Arab Emirates (8.2K tons)
Haiti (4.6K tons)
Trinidad and Tobago (1.2K tons)
Jamaica (1.1K tons)
Canada (0.8K tons)

Plastic Household Ware Imports in the Dominican Republic

In 2022, approx. 12K tons of plastics household articles and toilet articles were imported into the Dominican Republic; jumping by 45% against 2021 figures. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, plastic household ware imports skyrocketed to $68M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value 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 +81.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Import of Plastic Household Ware in the Dominican Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	20.4	16.3	22.9	22.2	2.9%
United Arab Emirates	N/A	N/A	N/A	20.9	0%
United States	9.1	7.4	10.0	6.4	-11.1%
El Salvador	5.4	3.4	3.9	4.0	-9.5%
Mexico	2.4	1.6	1.9	2.7	4.0%
Guatemala	1.9	1.7	2.1	2.0	1.7%
Colombia	2.1	1.5	2.1	2.0	-1.6%
Spain	1.3	0.4	1.1	1.3	0.0%
Others	7.4	5.3	6.9	6.8	-2.8%
Total	50.0	37.6	51.1	68.3	11.0%

Top Suppliers of Plastic Household Ware to the Dominican Republic in 2022:

China (5.1K tons)
United Arab Emirates (2.6K tons)
United States (1.0K tons)
El Salvador (0.7K tons)
Colombia (0.5K tons)
Guatemala (0.4K tons)
Mexico (0.3K tons)
Spain (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic household ware 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 22292320 - Tableware and kitchenware of plastic
Prodcom 22292350 -
Prodcom 22292390 -

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