Report Dominican Republic - Paint, Distemper, Varnish or Similar Brushes, Paint Pads and Rollers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 6, 2022

Dominican Republic - Paint, Distemper, Varnish or Similar Brushes, Paint Pads and Rollers - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Market for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers 2022

Market Size for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in the Dominican Republic

The Dominican market for paint, distemper, varnish or similar brushes, paint pads and rollers surged to $X in 2021, picking up by 101% against 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). Overall, consumption enjoyed a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Exports from the Dominican Republic

For the third year in a row, the Dominican Republic recorded decline in shipments abroad of paint, distemper, varnish or similar brushes, paint pads and rollers, which decreased by -1.2% to X units in 2021. Overall, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of 58% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers soared to $X in 2021. Over the period under review, exports recorded a abrupt shrinkage. Over the period under review, the exports of attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Haiti (X units) was the main destination for exports of paint, distemper, varnish or similar brushes, paint pads and rollers from the Dominican Republic, with a 59% share of total exports. Moreover, exports of paint, distemper, varnish or similar brushes, paint pads and rollers to Haiti exceeded the volume sent to the second major destination, Venezuela (X units), threefold. The third position in this ranking was held by Bolivia (X units), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Haiti totaled +36.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Venezuela (+30.2% per year) and Bolivia (-29.4% per year).

In value terms, Haiti ($X) remains the key foreign market for paint, distemper, varnish or similar brush, paint pad and roller exports from the Dominican Republic, comprising 64% of total exports. The second position in the ranking was taken by Venezuela ($X), with a 15% share of total exports. It was followed by the United States, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value to Haiti stood at +45.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Venezuela (+48.6% per year) and the United States (-30.4% per year).

Export Prices by Country

The average export price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, rising by 71% against the previous year. In general, export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 overseas markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Bolivia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Imports into the Dominican Republic

In 2021, purchases abroad of paint, distemper, varnish or similar brushes, paint pads and rollers was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers skyrocketed to $X in 2021. Over the period under review, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of paint, distemper, varnish or similar brush, paint pad and roller to the Dominican Republic, accounting for a 59% share of total imports. Moreover, imports of paint, distemper, varnish or similar brushes, paint pads and rollers from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), twofold. The third position in this ranking was taken by Hong Kong SAR (X units), with a 6.6% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+4.2% per year) and Hong Kong SAR (0.0% per year).

In value terms, China ($X), Brazil ($X) and Hong Kong SAR ($X) were the largest paint, distemper, varnish or similar brush, paint pad and roller suppliers to the Dominican Republic, with a combined 79% share of total imports. These countries were followed by Guatemala and Mexico, which together accounted for a further 7.3%.

Guatemala, with a CAGR of +23.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, with an increase of 15% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for paint, distemper, varnish or similar brushes, paint pads and rollers increased by +38.8% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 65%. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Brazil ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for paint, distemper, varnish or similar brushes, paint pads and rollers in the world?
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The countries with the highest volumes of consumption in 2021 were China, the United States and Russia, together comprising 39% of global consumption.
What are the largest producers of paint, distemper, varnish or similar brushes, paint pads and rollers in the world?
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The country with the largest volume of production of paint, distemper, varnish or similar brushes, paint pads and rollers was China, accounting for 68% of total volume. Moreover, production of paint, distemper, varnish or similar brushes, paint pads and rollers in China exceeded the figures recorded by the second-largest producer, Brazil, more than tenfold. The third position in this ranking was taken by Indonesia, with a 4% share.
What are the leading suppliers of paint, distemper, varnish or similar brushes, paint pads and rollers to the Dominican Republic?
+
In value terms, China, Brazil and Hong Kong SAR were the largest paint, distemper, varnish or similar brush, paint pad and roller suppliers to the Dominican Republic, together accounting for 79% of total imports. Guatemala and Mexico lagged somewhat behind, together comprising a further 7.3%.
What are the leading importers of paint, distemper, varnish or similar brushes, paint pads and rollers from the Dominican Republic?
+
In value terms, Haiti remains the key foreign market for paint, distemper, varnish or similar brush, paint pad and roller exports from the Dominican Republic, comprising 64% of total exports. The second position in the ranking was held by Venezuela, with a 15% share of total exports. It was followed by the United States, with a 5.9% share.
What is the average export price for paint, distemper, varnish or similar brushes, paint pads and rollers in the Dominican Republic?
+
The average export price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $1.4 per unit in 2021, jumping by 71% against the previous year.
What is the average import price for paint, distemper, varnish or similar brushes, paint pads and rollers in the Dominican Republic?
+
The average import price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $0.7 per unit in 2021, growing by 15% against the previous year.

This report provides an in-depth analysis of the market for paint, distemper, varnish or similar brush, paint pad and roller in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 32911930 - Paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes
• Prodcom 32911950 - Paint pads and rollers
Country coverage:
• Dominican Republic

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Dominican Republic
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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