Dominican Republic: Market for Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Cellular Plates, Sheets, Film, Foil and Strip of Plastics in the Dominican Republic

The Dominican market for cellular plates, sheets, film, foil and strip of plastics shrank modestly to $X in 2023, waning by X% against the previous year. Overall, the total consumption indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. As a result, consumption attained the peak level of $X, and then reduced slightly in the following year.

Production of Cellular Plates, Sheets, Film, Foil and Strip of Plastics in the Dominican Republic

In value terms, production of cellular plates, sheets, film, foil and strip of plastics contracted to $X in 2023 estimated in export price. In general, the total production indicated perceptible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production of reached the peak level at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

Exports of Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from the Dominican Republic

In 2023, exports of cellular plates, sheets, film, foil and strip of plastics from the Dominican Republic declined dramatically to X tons, with a decrease of X% compared with the year before. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of cellular plates, sheets, film, foil and strip of plastics declined remarkably to $X in 2023. Overall, exports, however, showed a noticeable expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2023, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for exports of cellular plates, sheets, film, foil and strip of plastics from the Dominican Republic, with a X% share of total exports. Moreover, exports of cellular plates, sheets, film, foil and strip of plastics to the United States exceeded the volume sent to the second major destination, Haiti (X tons), fivefold. Jamaica (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (X% per year) and Jamaica (X% per year).

In value terms, the United States ($X) remains the key foreign market for cellular plates, sheets, film, foil and strip of plastics exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by Haiti ($X), with a X% share of total exports. It was followed by Cuba, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (X% per year) and Cuba (X% per year).

Export Prices by Country

In 2023, the average export price for cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, reducing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined rapidly in the following year.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Cuba ($X per ton), while the average price for exports to Haiti ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into the Dominican Republic

After two years of growth, overseas purchases of cellular plates, sheets, film, foil and strip of plastics decreased by X% to X tons in 2023. In general, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, imports of cellular plates, sheets, film, foil and strip of plastics dropped to $X in 2023. Over the period under review, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

The United States (X tons), China (X tons) and Israel (X tons) were the main suppliers of imports of cellular plates, sheets, film, foil and strip of plastics to the Dominican Republic, with a combined X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Israel (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of cellular plates, sheets, film, foil and strip of plastics to the Dominican Republic, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2012 to 2023, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Israel (X% per year).

Import Prices by Country

In 2023, the average import price for cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, surging by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, 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