Dominican Republic: Natural Sand Market 2022

Natural Sand Market Size in the Dominican Republic

The Dominican natural sand market fell slightly to $X in 2021, which is down by -3.3% against the previous year. Overall, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +3.7% against 2019 indices. Over the period under review, the market hit record highs at $X in 2020, and then contracted modestly in the following year.

Natural Sand Production in the Dominican Republic

In value terms, natural sand production contracted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +4.2% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 27% against the previous year. Natural sand production peaked at $X in 2020, and then contracted slightly in the following year.

Natural Sand Exports

Exports from the Dominican Republic

In 2021, overseas shipments of natural sands decreased by -4.9% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2018 with an increase of 128%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, natural sand exports declined rapidly to $X in 2021. Overall, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of 83% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turks and Caicos Islands (X tons) was the main destination for natural sand exports from the Dominican Republic, accounting for a 93% share of total exports. Moreover, natural sand exports to Turks and Caicos Islands exceeded the volume sent to the second major destination, Aruba (X tons), more than tenfold. The United States (X tons) ranked third in terms of total exports with a 0.4% share.

From 2012 to 2021, the average annual growth rate of volume to Turks and Caicos Islands amounted to +7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Aruba (-11.6% per year) and the United States (-29.7% per year).

In value terms, Turks and Caicos Islands ($X) remains the key foreign market for natural sand exports from the Dominican Republic, comprising 88% of total exports. The second position in the ranking was taken by Aruba ($X), with a 10% share of total exports. It was followed by the United States, with a 1% share.

From 2012 to 2021, the average annual growth rate of value to Turks and Caicos Islands stood at +12.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Aruba (+3.9% per year) and the United States (-36.5% per year).

Export Prices by Country

In 2021, the average natural sand export price amounted to $X per ton, which is down by -31.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 72%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Turks and Caicos Islands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Sand Imports

Imports into the Dominican Republic

In 2021, purchases abroad of natural sands was finally on the rise to reach X tons after two years of decline. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, natural sand imports soared to $X in 2021. Over the period under review, imports saw prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of 117% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Guyana (X tons) constituted the largest natural sand supplier to the Dominican Republic, accounting for a 62% share of total imports. Moreover, natural sand imports from Guyana exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was held by China (X tons), with a 4.3% share.

From 2012 to 2021, the average annual growth rate of volume from Guyana was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+18.1% per year) and China (+61.7% per year).

In value terms, the United States ($X) constituted the largest supplier of natural sand to the Dominican Republic, comprising 50% of total imports. The second position in the ranking was taken by Guyana ($X), with a 16% share of total imports. It was followed by China, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Guyana (0.0% per year) and China (+50.6% per year).

Import Prices by Country

The average natural sand import price stood at $X per ton in 2021, dropping by -57.7% against the previous year. Overall, the import price faced a abrupt shrinkage. The pace of growth was the most pronounced in 2016 an increase of 23%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was India ($X per ton), while the price for Guyana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+10.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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