Dominican Republic: Market for Moulded Or Pressed Articles Of Paper Pulp 2024

Market Size for Moulded Or Pressed Articles Of Paper Pulp in the Dominican Republic

The Dominican paper pulp moulded articles market soared to $X in 2022, growing by X% against the previous year. In general, consumption posted a prominent increase. Paper pulp moulded articles consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Moulded Or Pressed Articles Of Paper Pulp in the Dominican Republic

In value terms, paper pulp moulded articles production reached $X in 2022 estimated in export price. Overall, production enjoyed buoyant growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Paper pulp moulded articles production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Exports of Moulded Or Pressed Articles Of Paper Pulp

Exports from the Dominican Republic

In 2022, after three years of growth, there was significant decline in overseas shipments of moulded or pressed articles of paper pulp, when their volume decreased by X% to X tons. Overall, exports, however, recorded a noticeable expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then declined notably in the following year.

In value terms, paper pulp moulded articles exports soared to $X in 2022. Over the period under review, exports, however, posted buoyant growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons) was the main destination for paper pulp moulded articles exports from the Dominican Republic, with a X% share of total exports. Moreover, paper pulp moulded articles exports to the United States exceeded the volume sent to the second major destination, Costa Rica (X tons), more than tenfold. Guatemala (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (X% per year) and Guatemala (X% per year).

In value terms, the United States ($X) remains the key foreign market for moulded or pressed articles of paper pulp exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by Guatemala ($X), with a X% share of total exports. It was followed by Costa Rica, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Costa Rica (X% per year).

Export Prices by Country

The average paper pulp moulded articles export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price showed a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Guatemala ($X per ton), while the average price for exports to Trinidad and Tobago ($X per ton) was amongst the lowest.

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

Imports of Moulded Or Pressed Articles Of Paper Pulp

Imports into the Dominican Republic

In 2022, supplies from abroad of moulded or pressed articles of paper pulp increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, paper pulp moulded articles imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Mexico (X tons), Panama (X tons) and the United States (X tons) were the main suppliers of paper pulp moulded articles imports to the Dominican Republic, with a combined X% share of total imports. Venezuela, Guatemala, Spain and Colombia lagged somewhat behind, together accounting for a further X%.

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, Mexico ($X) constituted the largest supplier of moulded or pressed articles of paper pulp to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by Panama ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

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

Import Prices by Country

The average paper pulp moulded articles import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 Mexico ($X per ton), while the price for Guatemala ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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