Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the Dominican Republic - 2023

Contents:

  1. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the Dominican Republic (CIF) - 2022
  2. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the Dominican Republic (FOB) - 2022
  3. Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the Dominican Republic
  4. Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the Dominican Republic

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the Dominican Republic (CIF) - 2022

The average import price for wood; assembled flooring panels, other than multilayer or mosaic stood at $2,763 per ton in 2022, declining by -2.9% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 73%. As a result, import price attained the peak level of $3,588 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($10,042 per ton), while the price for Malaysia ($313 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the Dominican Republic (FOB) - 2022

In 2022, the average export price for wood; assembled flooring panels, other than multilayer or mosaic amounted to $2,963 per ton, increasing by 11% against the previous year. Over the period under review, the export price showed a pronounced increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 99% against the previous year. As a result, the export price reached the peak level of $6,302 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($7,092 per ton), while the average price for exports to Jamaica amounted to $1,447 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+590.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the Dominican Republic

After two years of decline, purchases abroad of wood; assembled flooring panels, other than multilayer or mosaic increased by 4.6% to 87 tons in 2022. In general, imports, however, recorded a precipitous slump.

In value terms, imports of wood; assembled flooring panels, other than multilayer or mosaic rose slightly to $240K in 2022. Overall, imports, however, faced a dramatic descent.

Import of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China28027.583.083.9-33.1%
Mexico14353.437.441.8-33.6%
Peru76.850.226.827.1-29.3%
United States75.838.825.225.5-30.5%
France52.018.612.413.3-36.5%
Italy35.58.510.610.8-32.7%
Panama2.14.78.18.257.5%
United Kingdom13.95.03.43.6-36.3%
Spain17.15.12.83.2-42.8%
Malaysia18.24.92.52.1-51.3%
Others82.426.723.620.1-37.5%
Total797243236240-33.0%

Top Suppliers of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic to the Dominican Republic in 2022:

  1. China (33.0 tons)
  2. Peru (16.5 tons)
  3. United States (9.4 tons)
  4. Malaysia (6.6 tons)
  5. Italy (4.5 tons)
  6. Mexico (4.2 tons)
  7. Panama (3.1 tons)
  8. Spain (2.3 tons)
  9. United Kingdom (1.7 tons)
  10. France (1.3 tons)

Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the Dominican Republic

In 2022, approx. 1.2 tons of wood; assembled flooring panels, other than multilayer or mosaic were exported from the Dominican Republic; with a decrease of -10.1% compared with 2021 figures. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 137% against the previous year. As a result, the exports attained the peak of 1.3 tons, and then reduced in the following year.

In value terms, exports of wood; assembled flooring panels, other than multilayer or mosaic shrank modestly to $3.4K in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.3% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 65% against the previous year.

Export of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in the Dominican Republic (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti9546572,3622,21532.4%
Jamaica3062531,0921,23159.0%
British Virgin Islands67.0N/AN/AN/A0%
United States374N/AN/AN/A0%
Others3842,527N/AN/A558.1%
Total2,0853,4373,4543,44618.2%

Top Export Markets for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic from the Dominican Republic in 2022:

  1. Jamaica (851.0 kg)
  2. Haiti (312.0 kg)

Source: IndexBox Market Intelligence Platform

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