Report Update: May 1, 2024

Dominican Republic - Glass in The Mass - Market Analysis, Forecast, Size, Trends And Insights

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Price for Glass in the Mass in the Dominican Republic - 2023

Price for Glass in the Mass in the Dominican Republic (FOB) - 2023

The average glass in the mass export price stood at $169 per ton in March 2023, picking up by 21% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 44% m-o-m. Over the period under review, the average export prices attained the maximum at $185 per ton in April 2022; however, from May 2022 to March 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($264 per ton), while the average price for exports to Costa Rica ($78.0 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Glass in the Mass in the Dominican Republic (CIF) - 2022

In 2022, the average glass in the mass import price amounted to $2,531 per ton, increasing by 45% against the previous year. Overall, the import price enjoyed a measured increase. The pace of growth appeared the most rapid in 2020 an increase of 73%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($10,000 per ton), while the price for China ($1,416 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Glass in the Mass in the Dominican Republic

For the fourth year in a row, the Dominican Republic recorded growth in overseas shipments of glass in the mass, which increased by 9% to 32K tons in 2022. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 56%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, glass in the mass exports dropped dramatically to $4.7M in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 158% against the previous year. As a result, the exports reached the peak of $5.8M, and then reduced notably in the following year.

Export of Glass in the Mass in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Taiwan (Chinese)	N/A	911	4,171	2,944	79.8%
Costa Rica	275	783	749	1,335	69.3%
Trinidad and Tobago	12.7	71.0	169	403	216.6%
Peru	468	93.4	310	N/A	-18.6%
Guatemala	279	121	197	N/A	-16.0%
Others	76.4	249	162	8.2	-52.5%
Total	1,111	2,228	5,757	4,690	61.6%

Top Export Markets for Glass in the Mass from the Dominican Republic in 2022:

Taiwan (Chinese) (14.5K tons)
Costa Rica (13.5K tons)
Trinidad and Tobago (4.5K tons)

Imports of Glass in the Mass in the Dominican Republic

Glass in the mass imports into the Dominican Republic declined dramatically to 4.4 tons in 2022, falling by -35.2% against the previous year's figure. Overall, imports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year.

In value terms, glass in the mass imports dropped to $11K in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 13%. As a result, imports attained the peak of $12K, and then declined in the following year.

Import of Glass in the Mass in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	1.6	5.5	3.9	7.4	66.6%
China	0.5	4.7	7.6	3.5	91.3%
Trinidad and Tobago	7.7	N/A	N/A	N/A	0%
Others	0.1	0.2	0.3	0.1	0.0%
Total	9.9	10.4	11.7	11.1	3.9%

Top Suppliers of Glass in the Mass to the Dominican Republic in 2022:

China (2.5 tons)
United States (1.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for glass in the mass 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 23191110 - Glass in the mass (excluding glass in the form of powder, g ranules or flakes)

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