
Dominican Republic - Doors and Their Frames and Thresholds of Wood - Market Analysis, Forecast, Size, Trends and Insights
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Dominican Republic: Wooden Door Market 2022
Wooden Door Market Size in the Dominican Republic
The Dominican wooden door market surged to $X in 2021, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed significant growth. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.
Wooden Door Exports
Exports from the Dominican Republic
In 2021, the amount of doors and their frames and thresholds of wood exported from the Dominican Republic rose notably to X units, with an increase of X% against 2020. Over the period under review, exports, however, recorded a deep slump. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, wooden door exports soared to $X in 2021. Overall, exports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
Exports by Country
Costa Rica (X units) was the main destination for wooden door exports from the Dominican Republic, accounting for a X% share of total exports. Moreover, wooden door exports to Costa Rica exceeded the volume sent to the second major destination, Mexico (X units), fourfold. The United States (X units) ranked third in terms of total exports with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Costa Rica totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-X% per year) and the United States (-X% per year).
In value terms, Costa Rica ($X) remains the key foreign market for wooden door exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports. It was followed by Antigua and Barbuda, with a X% share.
From 2012 to 2021, the average annual growth rate of value to Costa Rica amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-X% per year) and Antigua and Barbuda (-X% per year).
Export Prices by Country
The average wooden door export price stood at $X per unit in 2021, picking up by X% against the previous year. In general, export price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wooden door export price increased by +X% against 2017 indices. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Antigua and Barbuda ($X per unit), while the average price for exports to Peru ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Antigua and Barbuda (+X%), while the prices for the other major destinations experienced more modest paces of growth.
Wooden Door Imports
Imports into the Dominican Republic
In 2021, approx. X units of doors and their frames and thresholds of wood were imported into the Dominican Republic; picking up by X% on the previous year's figure. Overall, imports showed resilient growth. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.
In value terms, wooden door imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.
Imports by Country
China (X units), Guatemala (X units) and Italy (X units) were the main suppliers of wooden door imports to the Dominican Republic, together comprising X% of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Guatemala ($X), China ($X) and Italy ($X) appeared to be the largest wooden door suppliers to the Dominican Republic, with a combined X% share of total imports.
China, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average wooden door import price stood at $X per unit in 2021, which is down by -X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2020, and then contracted in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wooden door market in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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