Dominican Republic: Paper Bag Market 2024

Paper Bag Market Size in the Dominican Republic

The Dominican paper bag market reached $X in 2023, increasing by X% against the previous year. Over the period under review, the total consumption indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Paper Bag Production in the Dominican Republic

In value terms, paper bag production expanded sharply to $X in 2023 estimated in export price. In general, the total production indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Paper Bag Exports

Exports from the Dominican Republic

In 2023, shipments abroad of sacks and bags of paper decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, total exports indicated prominent growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, paper bag exports contracted modestly to $X in 2023. Over the period under review, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2022, and then shrank modestly in the following year.

Exports by Country

Haiti (X tons) was the main destination for paper bag exports from the Dominican Republic, with a X% share of total exports. Moreover, paper bag exports to Haiti exceeded the volume sent to the second major destination, Jamaica (X tons), threefold. The United States (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Haiti totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (X% per year) and the United States (X% per year).

In value terms, the largest markets for paper bag exported from the Dominican Republic were Haiti ($X), Jamaica ($X) and the United States ($X), together comprising X% of total exports. Trinidad and Tobago, Panama, Mexico, India and Cuba lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average paper bag export price amounted to $X per ton, remaining stable against the previous year. In general, export price indicated temperate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, paper bag export price increased by X% against 2017 indices. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2022, and then reduced in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Bag Imports

Imports into the Dominican Republic

After three years of growth, purchases abroad of sacks and bags of paper decreased by X% to X tons in 2023. In general, total imports indicated a moderate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2022, and then declined significantly in the following year.

In value terms, paper bag imports declined rapidly to $X in 2023. Overall, total imports indicated a slight increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2022, and then contracted rapidly in the following year.

Imports by Country

In 2023, the United States (X tons) constituted the largest paper bag supplier to the Dominican Republic, accounting for a X% share of total imports. Moreover, paper bag imports from the United States exceeded the figures recorded by the second-largest supplier, Brazil (X tons), twofold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and China (X% per year).

In value terms, the United States ($X), China ($X) and Brazil ($X) were the largest paper bag suppliers to the Dominican Republic, with a combined X% share of total imports. Guatemala, Spain, El Salvador, Italy, Belgium, Colombia, Costa Rica and Chile lagged somewhat behind, together accounting for a further X%.

Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average paper bag import price amounted to $X per ton, waning by X% against the previous year. In general, the import price saw a slight contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform