Dominican Republic: Market for Iron Or Steel Doors, Thresholds For Doors And Windows 2024

Market Size for Iron Or Steel Doors, Thresholds For Doors And Windows in the Dominican Republic

The Dominican market for iron or steel doors, thresholds for doors and windows expanded rapidly to $X in 2022, increasing by 5.3% against the previous year. In general, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.6% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Iron Or Steel Doors, Thresholds For Doors And Windows in the Dominican Republic

In value terms, production of iron or steel doors, thresholds for doors and windows rose to $X in 2022 estimated in export price. In general, the total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.2% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 27% against the previous year. Over the period under review, production of reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Iron Or Steel Doors, Thresholds For Doors And Windows

Exports from the Dominican Republic

Exports of iron or steel doors, thresholds for doors and windows from the Dominican Republic dropped modestly to X units in 2022, declining by -4.2% on the previous year. Over the period under review, exports, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 157% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of iron or steel doors, thresholds for doors and windows declined rapidly to $X in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 128% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Turks and Caicos Islands (X units), the United States (X units) and Panama (X units) were the main destinations of exports of iron or steel doors, thresholds for doors and windows from the Dominican Republic, with a combined 91% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Turks and Caicos Islands (with a CAGR of +93.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Panama ($X) and Turks and Caicos Islands ($X) constituted the largest markets for iron or steel window and door exported from the Dominican Republic worldwide, with a combined 83% share of total exports.

Turks and Caicos Islands, with a CAGR of +71.8%, saw the highest growth rate of 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

In 2022, the average export price for iron or steel doors, thresholds for doors and windows amounted to $X per unit, waning by -25.5% against the previous year. Overall, the export price continues to indicate a perceptible slump. The growth pace was the most rapid in 2014 an increase of 33% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($X per unit), while the average price for exports to Turks and Caicos Islands ($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 Panama (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Doors, Thresholds For Doors And Windows

Imports into the Dominican Republic

In 2022, supplies from abroad of iron or steel doors, thresholds for doors and windows increased by 31% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports recorded slight growth. The growth pace was the most rapid in 2018 when imports increased by 193%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of iron or steel doors, thresholds for doors and windows skyrocketed to $X in 2022. In general, imports enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2018 with an increase of 205%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports of 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 imports of iron or steel doors, thresholds for doors and windows to the Dominican Republic, together comprising 94% of total imports. These countries were followed by Turkey, which accounted for a further 1.7%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +91.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Spain ($X) and China ($X) were the largest iron or steel window and door suppliers to the Dominican Republic, with a combined 94% share of total imports. These countries were followed by Turkey, which accounted for a further 1%.

In terms of the main suppliers, Turkey, with a CAGR of +86.1%, recorded the highest growth rate of 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 import price for iron or steel doors, thresholds for doors and windows stood at $X per unit in 2022, picking up by 13% against the previous year. Overall, the import price showed a moderate increase. The pace of growth was the most pronounced in 2016 an increase of 47% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for Turkey ($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 (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :