Dominican Republic: Uncoated Filter Paper Market 2024

Uncoated Filter Paper Market Size in the Dominican Republic

The Dominican uncoated filter paper market amounted to $X in 2022, flattening at the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Uncoated Filter Paper Production in the Dominican Republic

In value terms, uncoated filter paper production amounted to $X in 2022 estimated in export price. Overall, production, however, saw a mild downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by 38%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Uncoated Filter Paper Exports

Exports from the Dominican Republic

Uncoated filter paper exports from the Dominican Republic soared to X tons in 2014, picking up by 17% on 2013 figures. The total export volume increased at an average annual rate of +16.7% over the period from 2013 to 2014; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, uncoated filter paper exports contracted to $X in 2014. Overall, exports, however, faced a deep reduction. Over the period under review, the exports attained the peak figure at $X in 2013, and then contracted in the following year.

Exports by Country

Jamaica (X tons) was the main destination for uncoated filter paper exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2013 to 2014, the average annual rate of growth in terms of volume to Jamaica was relatively modest.

In value terms, Jamaica ($X) emerged as the key foreign market for uncoated filter paper and paperboard exports from the Dominican Republic.

From 2013 to 2014, the average annual rate of growth in terms of value to Jamaica was relatively modest.

Export Prices by Country

The average uncoated filter paper export price stood at $X per ton in 2014, waning by -23.2% against the previous year. Overall, the export price faced a precipitous contraction. Over the period under review, the average export prices attained the maximum at $X per ton in 2013, and then dropped markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Jamaica.

From 2013 to 2014, the rate of growth in terms of prices for Saudi Arabia amounted to 0.0% per year.

Uncoated Filter Paper Imports

Imports into the Dominican Republic

In 2022, purchases abroad of uncoated filter paper and paperboard increased by 7% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a prominent expansion. The growth pace was the most rapid in 2016 with an increase of 861% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, uncoated filter paper imports soared to $X in 2022. Over the period under review, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 1,056% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest uncoated filter paper supplier to the Dominican Republic, with a 71% share of total imports. Moreover, uncoated filter paper imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold. China (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at +22.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+34.7% per year) and China (+6.9% per year).

In value terms, the United States ($X) constituted the largest supplier of uncoated filter paper and paperboard to the Dominican Republic, comprising 74% of total imports. The second position in the ranking was taken by Spain ($X), with a 14% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +28.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+39.2% per year) and China (+12.8% per year).

Import Prices by Country

In 2022, the average uncoated filter paper import price amounted to $X per ton, increasing by 7.6% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, uncoated filter paper import price increased by +77.8% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of 21%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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