Dominican Republic: Wood Residues Market 2022

Wood Residues Market Size in the Dominican Republic

The Dominican wood residues market was estimated at $X in 2020, almost unchanged from 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). In general, consumption continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2011; however, from 2012 to 2020, consumption stood at a somewhat lower figure.

Wood Residues Exports

Exports from the Dominican Republic

In 2020, approx. X cubic meters of wood residues were exported from the Dominican Republic; approximately mirroring 2019. Overall, exports showed prominent growth. The growth pace was the most rapid in 2016 when exports increased by X% year-to-year. As a result, exports attained the peak of X cubic meters; afterwards, it flattened through to 2020.

In value terms, wood residues exports amounted to $X in 2020. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, exports attained the maximum at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

Belarus (X cubic meters), Australia (X cubic meters) and Lebanon (X cubic meters) were the main destinations of wood residues exports from the Dominican Republic.

From 2007 to 2014, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belarus, while exports for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X) emerged as the key foreign market for wood residues exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was occupied by Australia ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2014, the average annual growth rate of value to Belarus totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-X% per year) and the United Arab Emirates (+X% per year).

Export Prices by Country

In 2014, the average wood residues export price amounted to $X per cubic meter, approximately mirroring the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, average export prices attained the maximum at $X per cubic meter in 2013, and then was estimated in the following year.

There were significant differences in the average prices for the major overseas markets. In 2014, the country with the highest price was Belarus ($X per cubic meter), while the average price for exports to Peru ($X per cubic meter) was amongst the lowest.

From 2007 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Wood Residues Imports

Imports into the Dominican Republic

For the eighth year in a row, the Dominican Republic recorded decline in supplies from abroad of wood residues, which decreased by X% to X cubic meters in 2020. In general, imports showed a deep downturn. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X cubic meters in 2011; however, from 2012 to 2020, imports remained at a lower figure.

In value terms, wood residues imports amounted to $X in 2020. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. Imports peaked at $X in 2007; afterwards, it flattened through to 2020.

Imports by Country

Austria (X cubic meters), France (X cubic meters) and New Zealand (X cubic meters) were the main suppliers of wood residues imports to the Dominican Republic, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria, while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) and Austria ($X) were the largest wood residues suppliers to the Dominican Republic.

France recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2020, the average wood residues import price amounted to $X per cubic meter, approximately mirroring the previous year. Overall, the import price showed resilient growth. The growth pace was the most rapid in 2019 an increase of X% y-o-y. As a result, import price attained the peak level of $X per cubic meter, leveling off in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Austria ($X per cubic meter), while the price for New Zealand ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform