Dominican Republic: Clay Market 2024

Clay Market Size in the Dominican Republic

In 2022, the Dominican clay market increased by X% to $X, rising for the sixth year in a row after four years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by X%. Clay consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Clay Production in the Dominican Republic

In value terms, clay production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Clay Exports

Exports from the Dominican Republic

In 2022, the amount of clays exported from the Dominican Republic contracted markedly to X tons, waning by X% compared with the previous year's figure. Overall, exports recorded a significant curtailment. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, clay exports shrank dramatically to $X in 2022. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Trinidad and Tobago (X tons), Costa Rica (X tons) and Haiti (X tons) were the main destinations of clay exports from the Dominican Republic, with a combined X% share of total exports. The United States, Suriname, Jamaica and Grenada lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Suriname (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for clay exported from the Dominican Republic were Trinidad and Tobago ($X), Haiti ($X) and Costa Rica ($X), with a combined X% share of total exports.

Costa Rica, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average clay export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, saw a strong increase. The pace of growth was the most pronounced in 2014 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. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Trinidad and Tobago ($X per ton), while the average price for exports to the United States ($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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Clay Imports

Imports into the Dominican Republic

In 2022, supplies from abroad of clays increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, total imports indicated a temperate expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, clay imports skyrocketed to $X in 2022. In general, imports posted a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of clay to the Dominican Republic, accounting for a X% share of total imports. Moreover, clay imports from the United States exceeded the figures recorded by the second-largest supplier, Barbados (X tons), threefold. Egypt (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Barbados (X% per year) and Egypt (X% per year).

In value terms, the United States ($X) constituted the largest supplier of clays to the Dominican Republic, comprising X% of total imports. The second position in the ranking was held by Barbados ($X), with a X% share of total imports. It was followed by Venezuela, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Barbados (X% per year) and Venezuela (X% per year).

Import Prices by Country

In 2022, the average clay import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate strong growth. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Barbados ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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