Dominican Republic: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in the Dominican Republic

The Dominican market for float glass and surface ground or polished glass amounted to $X in 2022, approximately reflecting 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). Over the period under review, consumption, however, posted strong growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from the Dominican Republic

In 2022, overseas shipments of float glass and surface ground or polished glass increased by X% to X square meters for the first time since 2018, thus ending a three-year declining trend. In general, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X square meters. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of float glass and surface ground or polished glass skyrocketed to $X in 2022. Over the period under review, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Haiti (X square meters) was the main destination for exports of float glass and surface ground or polished glass from the Dominican Republic, with a X% share of total exports. It was followed by the United States (X square meters), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Haiti stood at X%.

In value terms, Haiti ($X) remains the key foreign market for float glass and surface ground or polished glass exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Haiti stood at X%.

Export Prices by Country

The average export price for float glass and surface ground or polished glass stood at $X per square meter in 2022, shrinking by X% against the previous year. Overall, the export price, however, recorded a pronounced expansion. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, the export price reached the peak level of $X per square meter, and then fell markedly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to Haiti amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turks and Caicos Islands (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Float Glass And Surface Ground or Polished Glass

Imports into the Dominican Republic

In 2022, approx. X square meters of float glass and surface ground or polished glass were imported into the Dominican Republic; standing approx. at the year before. Over the period under review, imports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X square meters, leveling off in the following year.

In value terms, imports of float glass and surface ground or polished glass declined to $X in 2022. Overall, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

In 2022, China (X square meters) constituted the largest float glass and surface ground or polished glass supplier to the Dominican Republic, accounting for a X% share of total imports. Moreover, imports of float glass and surface ground or polished glass from China exceeded the figures recorded by the second-largest supplier, the United States (X square meters), more than tenfold. The third position in this ranking was taken by Mexico (X square meters), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of float glass and surface ground or polished glass to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

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

Import Prices by Country

In 2022, the average import price for float glass and surface ground or polished glass amounted to $X per square meter, remaining relatively unchanged against the previous year. Over the period under review, the import price continues to indicate a notable increase. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices hit record highs at $X per square meter in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Saudi Arabia ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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