Dominican Republic - Saw Logs And Veneer Logs - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 6, 2024

Dominican Republic - Saw Logs And Veneer Logs - Market Analysis, Forecast, Size, Trends and Insights

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Price for Saw Logs and Veneer Logs in the Dominican Republic - 2023

Contents:

  1. Price for Saw Logs and Veneer Logs in the Dominican Republic (CIF) - 2022
  2. Price for Saw Logs and Veneer Logs in the Dominican Republic (FOB) - 2022
  3. Imports of Saw Logs and Veneer Logs in the Dominican Republic
  4. Exports of Saw Logs and Veneer Logs in the Dominican Republic

Price for Saw Logs and Veneer Logs in the Dominican Republic (CIF) - 2022

The average import price for saw logs and veneer logs stood at $491 per cubic meter in 2022, increasing by 47% against the previous year. Overall, the import price showed a prominent increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 99% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Fiji ($926 per cubic meter), while the price for the United States ($52 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Saw Logs and Veneer Logs in the Dominican Republic (FOB) - 2022

In 2022, the average export price for saw logs and veneer logs amounted to $101 per cubic meter, dropping by -92.6% against the previous year. Overall, the export price faced a abrupt setback. The pace of growth appeared the most rapid in 2013 when the average export price increased by 309%. The export price peaked at $1,364 per cubic meter in 2021, and then contracted sharply in the following year.

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 Haiti ($4,160 per cubic meter), while the average price for exports to the United States ($39 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+38.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Saw Logs and Veneer Logs in the Dominican Republic

In 2022, imports of saw logs and veneer logs into the Dominican Republic dropped slightly to 35K cubic meters, approximately reflecting 2021 figures. Overall, imports showed a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 24%. Imports peaked at 44K cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, saw logs and veneer logs imports soared to $17M in 2022. Over the period under review, imports, however, saw a mild expansion. The growth pace was the most rapid in 2021 with an increase of 103% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Saw Logs and Veneer Logs in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Gabon1.51.14.36.462.2%
United States7.31.41.82.6-29.1%
Brazil3.01.61.02.4-7.2%
Peru1.20.30.31.32.7%
Cote d'Ivoire0.80.20.91.214.5%
Fiji1.10.30.80.6-18.3%
Others1.50.82.52.620.1%
Total16.35.711.617.01.4%

Top Suppliers of Saw Logs and Veneer Logs to the Dominican Republic in 2022:

  1. United States (50.7K cubic meters)
  2. Gabon (9.6K cubic meters)
  3. Brazil (2.7K cubic meters)
  4. Peru (1.6K cubic meters)
  5. Cote d'Ivoire (1.6K cubic meters)
  6. Fiji (0.6K cubic meters)

Exports of Saw Logs and Veneer Logs in the Dominican Republic

Saw logs and veneer logs exports from the Dominican Republic surged to 1.5K cubic meters in 2022, with an increase of 2,670% against 2021. Overall, exports, however, recorded a deep contraction. The exports peaked at 1.7K cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, saw logs and veneer logs exports soared to $149K in 2022. In general, exports, however, saw a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 415% against the previous year. The exports peaked at $339K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Saw Logs and Veneer Logs in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A1090%
United Arab EmiratesN/AN/AN/A7.20%
Haiti26110.1N/A4.2-74.8%
United States0.6N/AN/A3.274.7%
China48.4N/AN/AN/A0%
Others29.13.972.325.1-4.8%
Total33914.072.3149-24.0%

Top Export Markets for Saw Logs and Veneer Logs from the Dominican Republic in 2022:

  1. India (1287.0 cubic meters)
  2. United States (82.0 cubic meters)
  3. United Arab Emirates (69.0 cubic meters)
  4. Haiti (1.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for saw logs and veneer logs 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:

  • FCL 1601 - Sawlogs and veneer logs, coniferous
  • FCL 1602 - Pulpwood, round and split, coniferous (production)
  • FCL 1623 - Other industrial roundwood, coniferous (production)
  • FCL 1603 - Pulpwood, round and split, non-coniferous (production)
  • FCL 1604 - Sawlogs and veneer logs, non-coniferous
  • FCL 1626 - Other industrial roundwood, non-coniferous (production)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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