Dominican Republic - Polishes And Creams For Wooden Furniture And Floors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWooden Furniture Treatments Price in the Dominican Republic - 2023
Contents:
- Wooden Furniture Treatments Price in the Dominican Republic (CIF) - 2022
- Wooden Furniture Treatments Price in the Dominican Republic (FOB) - 2022
- Wooden Furniture Treatments Imports in the Dominican Republic
- Wooden Furniture Treatments Exports in the Dominican Republic
Wooden Furniture Treatments Price in the Dominican Republic (CIF) - 2022
In 2022, the average wooden furniture treatments import price amounted to $3,970 per ton, rising by 15% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 33%. The import price peaked at $4,662 per ton in 2017; however, from 2018 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 the United States ($7,969 per ton), while the price for Spain ($2,561 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 States (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Wooden Furniture Treatments Price in the Dominican Republic (FOB) - 2022
The average wooden furniture treatments export price stood at $1,700 per ton in 2022, surging by 148% against the previous year. Over the period under review, the export price showed resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Turks and Caicos Islands.
From 2012 to 2022, the rate of growth in terms of prices for Turks and Caicos Islands amounted to +14.3% per year.
Wooden Furniture Treatments Imports in the Dominican Republic
In 2022, approx. 75 tons of polishes and creams for wooden furniture and floors were imported into the Dominican Republic; picking up by 55% against the previous year. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, wooden furniture treatments imports skyrocketed to $297K in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wooden Furniture Treatments in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 65.1 | 89.8 | 67.1 | 119 | 22.3% |
| Spain | 8.4 | 1.4 | 19.3 | 95.3 | 124.7% |
| Colombia | 48.1 | 53.8 | 59.0 | 40.5 | -5.6% |
| Chile | 25.9 | 25.9 | 17.2 | 39.5 | 15.1% |
| Others | 4.6 | 3.3 | 3.8 | 3.1 | -12.3% |
| Total | 152 | 174 | 166 | 297 | 25.0% |
Top Suppliers of Wooden Furniture Treatments to the Dominican Republic in 2022:
- Spain (37.2 tons)
- United States (14.9 tons)
- Chile (13.9 tons)
- Colombia (8.3 tons)
Wooden Furniture Treatments Exports in the Dominican Republic
In 2022, after three years of growth, there was significant decline in shipments abroad of polishes and creams for wooden furniture and floors, when their volume decreased by -99.8% to 10 kg. Overall, exports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2020 when exports increased by 84%.
In value terms, wooden furniture treatments exports shrank significantly to $17 in 2022. In general, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 81%.
| Export of Wooden Furniture Treatments in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turks and Caicos Islands | N/A | N/A | N/A | 17.0 | 0% |
| Antigua and Barbuda | 99.0 | N/A | N/A | N/A | 0% |
| United States | 101 | 327 | 349 | N/A | 85.9% |
| Cuba | 1,400 | 2,573 | 3,101 | N/A | 48.8% |
| Others | 4.0 | 1.0 | 4.0 | N/A | 0.0% |
| Total | 1,604 | 2,901 | 3,454 | 17.0 | -78.0% |
Top Export Markets for Wooden Furniture Treatments from the Dominican Republic in 2022:
- Turks and Caicos Islands (10.0 kg)
This report provides an in-depth analysis of the wooden furniture treatments 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 20414350 - Polishes, creams and similar preparations, for the maintenance of wooden furniture, floors or other woodwork (excluding artificial and prepared waxes)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, polishes, creams, scouring pastes and powders imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
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