Report Update: Apr 1, 2024

Dominican Republic - Tableware And Kitchenware Of Wood - Market Analysis, Forecast, Size, Trends And Insights

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Price for Wood Kitchenware and Tableware in the Dominican Republic - 2023

Price for Wood Kitchenware and Tableware in the Dominican Republic (CIF) - 2022

In 2022, the average wood kitchenware and tableware import price amounted to $4,786 per ton, picking up by 2.3% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 37%. As a result, import price reached the peak level of $7,314 per ton. From 2017 to 2022, the average 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 Thailand ($8,264 per ton), while the price for the United States ($3,298 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood Kitchenware and Tableware in the Dominican Republic (FOB) - 2022

The average wood kitchenware and tableware export price stood at $8,120 per ton in 2022, jumping by 106% against the previous year. Over the period under review, the export price showed prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($28,489 per ton), while the average price for exports to the United States ($2,821 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 Panama (+44.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Kitchenware and Tableware in the Dominican Republic

In 2022, imports of tableware and kitchenware of wood into the Dominican Republic skyrocketed to 348 tons, growing by 64% against 2021. Over the period under review, imports enjoyed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood kitchenware and tableware imports soared to $1.7M in 2022. In general, imports showed a noticeable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wood Kitchenware and Tableware in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	732	447	602	1,092	14.3%
India	32.3	49.6	87.8	161	70.8%
Thailand	132	49.4	150	127	-1.3%
Vietnam	17.2	11.0	3.8	75.2	63.5%
Spain	219	66.3	5.7	42.7	-42.0%
United States	108	11.1	9.0	26.0	-37.8%
United Kingdom	83.6	2.9	N/A	2.3	-69.8%
Others	150	54.5	138	142	-1.8%
Total	1,474	692	996	1,668	4.2%

Top Suppliers of Wood Kitchenware and Tableware to the Dominican Republic in 2022:

China (261.6 tons)
India (29.0 tons)
Vietnam (15.6 tons)
Thailand (15.3 tons)
United States (7.9 tons)
Spain (6.3 tons)
United Kingdom (0.8 tons)

Exports of Wood Kitchenware and Tableware in the Dominican Republic

In 2022, exports of tableware and kitchenware of wood from the Dominican Republic skyrocketed to 1.1 tons, with an increase of 52% on 2021 figures. Over the period under review, exports showed a slight expansion. The most prominent rate of growth was recorded in 2020 with an increase of 365% against the previous year. As a result, the exports attained the peak of 4.7 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, wood kitchenware and tableware exports skyrocketed to $8.6K in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 345% against the previous year. As a result, the exports attained the peak of $10K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Wood Kitchenware and Tableware in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Panama	N/A	N/A	N/A	6.0	0%
United States	1.4	9.9	1.7	2.1	14.5%
France	N/A	N/A	N/A	0.5	0%
Others	0.9	0.4	1.0	N/A	5.4%
Total	2.3	10.3	2.7	8.6	55.2%

Top Export Markets for Wood Kitchenware and Tableware from the Dominican Republic in 2022:

United States (728.0 kg)
Panama (211.0 kg)
France (113.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wood kitchenware and tableware 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 16291200 - Tableware and kitchenware of wood

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