Dominican Republic: Reel Cutting Slitter Market 2024

Reel Cutting Slitter Market Size in the Dominican Republic

The Dominican reel cutting slitter market shrank to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, continues to indicate a significant expansion. Reel cutting slitter consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Reel Cutting Slitter Production in the Dominican Republic

In value terms, reel cutting slitter production fell to $X in 2022 estimated in export price. In general, production, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Reel Cutting Slitter Exports

Exports from the Dominican Republic

Reel cutting slitter exports from the Dominican Republic soared to X units in 2022, jumping by X% compared with 2021 figures. Over the period under review, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, reel cutting slitter exports soared to $X in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Guatemala (X units), the United States (X units) and Haiti (X units) were the main destinations of reel cutting slitter exports from the Dominican Republic, with a combined X% share of total exports. Moreover, reel cutting slitter exports in Guatemala exceeded the figures recorded by the second-largest exporter, the United States, twofold.

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

In value terms, the United States ($X) remains the key foreign market for combined reel slitting and re-reeling cutting machines for paper and paperboard exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by Guatemala ($X), with a 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 the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Haiti (X% per year).

Export Prices by Country

In 2022, the average reel cutting slitter export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then plummeted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Nicaragua ($X per unit) was amongst the lowest.

From 2012 to 2022, 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 mixed trend patterns.

Reel Cutting Slitter Imports

Imports into the Dominican Republic

In 2022, approx. X units of combined reel slitting and re-reeling cutting machines for paper and paperboard were imported into the Dominican Republic; with an increase of X% on the previous year. Overall, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, reel cutting slitter imports soared to $X in 2022. In general, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United States (X units), China (X units) and Spain (X units) were the main suppliers of reel cutting slitter imports to the Dominican Republic, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Spain ($X) constituted the largest reel cutting slitter suppliers to the Dominican Republic, with a combined X% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of X%, saw 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

The average reel cutting slitter import price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit, and then fell sharply in the following year.

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 Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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