Dominican Republic: Cement Clinker Market 2022

Cement Clinker Market Size in the Dominican Republic

The Dominican cement clinker market surged to $X in 2021, increasing by X% against the previous year. Over the period under review, consumption saw a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Cement Clinker Production in the Dominican Republic

In value terms, cement clinker production amounted to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Cement Clinker Exports

Exports from the Dominican Republic

In 2021, shipments abroad of cement clinker decreased by -X% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, cement clinker exports reduced notably to $X in 2021. Over the period under review, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Haiti (X tons) was the main destination for cement clinker exports from the Dominican Republic, with a X% share of total exports. Moreover, cement clinker exports to Haiti exceeded the volume sent to the second major destination, the United States (X tons), threefold. Colombia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Haiti amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-X% per year) and Colombia (-X% per year).

In value terms, Haiti ($X) remains the key foreign market for cement clinker exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was occupied by Colombia ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Haiti stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (-X% per year) and the United States (-X% per year).

Export Prices by Country

The average cement clinker export price stood at $X per ton in 2021, increasing by X% against the previous year. Over the period under review, the export price, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Colombia ($X per ton), while the average price for exports to Suriname ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+X%), while the prices for the other major destinations experienced a decline.

Cement Clinker Imports

Imports into the Dominican Republic

In 2021, approx. X tons of cement clinker were imported into the Dominican Republic; picking up by X% on 2020. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cement clinker imports soared to $X in 2021. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Turkey (X tons) constituted the largest cement clinker supplier to the Dominican Republic, with a X% share of total imports. Moreover, cement clinker imports from Turkey exceeded the figures recorded by the second-largest supplier, Venezuela (X tons), fourfold. Japan (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Venezuela (+X% per year) and Japan (+X% per year).

In value terms, Turkey ($X) constituted the largest supplier of cement clinker to the Dominican Republic, comprising X% of total imports. The second position in the ranking was occupied by Venezuela ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Turkey amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Venezuela (+X% per year) and Japan (+X% per year).

Import Prices by Country

The average cement clinker import price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a pronounced reduction. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Venezuela ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Venezuela (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform