Dominican Republic: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in the Dominican Republic

The Dominican marble granules and powder market surged to $X in 2023, growing by X% against the previous year. Over the period under review, consumption, however, recorded a noticeable curtailment. Marble granules and powder consumption peaked at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

Production of Granules, Chippings And Powder Of Marble in the Dominican Republic

In value terms, marble granules and powder production stood at $X in 2023 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with a decrease of X%. Marble granules and powder production peaked in 2023 and is expected to retain growth in the immediate term.

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Exports of Granules, Chippings And Powder Of Marble

Exports from the Dominican Republic

After two years of decline, overseas shipments of granules, chippings and powder of marble decreased by X% to X kg in 2023. In general, exports showed a deep contraction. Over the period under review, the exports reached the peak figure at X kg in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

In value terms, marble granules and powder exports shrank notably to $X in 2023. Over the period under review, exports continue to indicate a abrupt contraction. The exports peaked at $X in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

Exports by Country

The United States (X kg) was the main destination for marble granules and powder exports from the Dominican Republic, accounting for a X% share of total exports. It was followed by Poland (X kg), with a X% share of total exports.

From 2013 to 2023, the average annual rate of growth in terms of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Haiti (X% per year).

In value terms, the United States ($X) remains the key foreign market for granules, chippings and powder of marble exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports.

From 2013 to 2023, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Haiti (X% per year).

Export Prices by Country

In 2023, the average marble granules and powder export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price, however, saw a abrupt setback. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%).

Imports of Granules, Chippings And Powder Of Marble

Imports into the Dominican Republic

Marble granules and powder imports into the Dominican Republic soared to X tons in 2023, jumping by X% compared with the previous year's figure. Over the period under review, 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, marble granules and powder imports skyrocketed to $X in 2023. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked in 2023 and are expected to retain growth in the near future.

Imports by Country

In 2023, Colombia (X tons) constituted the largest supplier of marble granules and powder to the Dominican Republic, with a X% share of total imports. Moreover, marble granules and powder imports from Colombia exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2016 to 2023, the average annual rate of growth in terms of volume from Colombia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Germany (X% per year).

In value terms, Colombia ($X) constituted the largest supplier of granules, chippings and powder of marble to the Dominican Republic, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2016 to 2023, the average annual growth rate of value from Colombia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

Import Prices by Country

In 2023, the average marble granules and powder import price amounted to $X per ton, waning by X% against the previous year. Overall, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, import price reached the peak level of $X per ton, and then fell sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Panama ($X per ton) was amongst the lowest.

From 2016 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform