Dominican Republic: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2024

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in the Dominican Republic

The Dominican market for building blocks and bricks of cement, concrete or artificial stone amounted to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption enjoyed strong growth. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in the Dominican Republic

In value terms, production of building blocks and bricks of cement, concrete or artificial stone rose modestly to $X in 2022 estimated in export price. In general, production posted a resilient increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production of growth remained at a lower figure.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports from the Dominican Republic

In 2022, approx. X tons of building blocks and bricks of cement, concrete or artificial stone were exported from the Dominican Republic; increasing by X% on the year before. In general, exports posted buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone soared to $X in 2022. Overall, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Turks and Caicos Islands (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from the Dominican Republic, with a X% share of total exports. Moreover, exports of building blocks and bricks of cement, concrete or artificial stone to Turks and Caicos Islands exceeded the volume sent to the second major destination, Bahamas (X tons), fivefold. Haiti (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Turks and Caicos Islands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahamas (X% per year) and Haiti (X% per year).

In value terms, Turks and Caicos Islands ($X) remains the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by Bahamas ($X), with an X% share of total exports. It was followed by Haiti, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turks and Caicos Islands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahamas (X% per year) and Haiti (X% per year).

Export Prices by Country

The average export price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2022, picking up by X% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for building blocks and bricks of cement, concrete or artificial stone increased by X% against 2018 indices. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turks and Caicos Islands ($X per ton), while the average price for exports to Haiti ($X 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 Turks and Caicos Islands (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports into the Dominican Republic

In 2022, the amount of building blocks and bricks of cement, concrete or artificial stone imported into the Dominican Republic surged to X tons, rising by X% compared with the year before. Overall, imports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone skyrocketed to $X in 2022. In general, imports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Colombia (X tons), South Korea (X tons) and Spain (X tons) were the main suppliers of imports of building blocks and bricks of cement, concrete or artificial stone to the Dominican Republic, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest building blocks and bricks of cement, concrete or artificial stone suppliers to the Dominican Republic were South Korea ($X), the United States ($X) and Colombia ($X), with a combined X% share of total imports. Spain lagged somewhat behind, comprising a further X%.

In terms of the main suppliers, Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, jumping by X% against the previous year. Overall, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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 ($X per ton), while the price for Spain ($X 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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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