Dominican Republic - Articles of Bitumen In Rolls - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Dominican Republic - Articles of Bitumen In Rolls - Market Analysis, Forecast, Size, Trends And Insights

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Rolled Bitumen Articles Price in the Dominican Republic - 2023

Contents:

  1. Rolled Bitumen Articles Price in the Dominican Republic (CIF) - 2023
  2. Rolled Bitumen Articles Price in the Dominican Republic (FOB) - 2022
  3. Rolled Bitumen Articles Imports in the Dominican Republic
  4. Rolled Bitumen Articles Exports in the Dominican Republic

Rolled Bitumen Articles Price in the Dominican Republic (CIF) - 2023

In March 2023, the average rolled bitumen articles import price amounted to $2.8 per square meter, approximately mirroring the previous month. In general, the import price saw a slight contraction. The most prominent rate of growth was recorded in November 2022 an increase of 124% m-o-m. As a result, import price reached the peak level of $6.2 per square meter. From December 2022 to March 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was the United States ($3.1 per square meter), while the price for Mexico ($1.5 per square meter) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Rolled Bitumen Articles Price in the Dominican Republic (FOB) - 2022

The average rolled bitumen articles export price stood at $2.4 per square meter in 2022, falling by -30% against the previous year. Overall, the export price showed a mild decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 138%. As a result, the export price reached the peak level of $6.5 per square meter. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($9.1 per square meter), while the average price for exports to Jamaica ($0.7 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+15.9%), while the prices for the other major destinations experienced mixed trend patterns.

Rolled Bitumen Articles Imports in the Dominican Republic

In 2022, rolled bitumen articles imports into the Dominican Republic declined to 3.5M square meters, waning by -9.5% compared with the previous year. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 70% against the previous year. As a result, imports attained the peak of 3.9M square meters, and then fell in the following year.

In value terms, rolled bitumen articles imports soared to $9.4M in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 80% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Rolled Bitumen Articles in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3,3022,4064,1574,75812.9%
United States4443591,2562,99989.0%
Canada17675.210334525.2%
Venezuela16513625334427.7%
Egypt230140341201-4.4%
Russia69539349188.4-49.7%
Lithuania210349343N/A27.8%
Others19624945563447.9%
Total5,4184,1077,3999,37020.0%

Top Suppliers of Rolled Bitumen Articles to the Dominican Republic in 2022:

  1. Italy (1693.6K square meters)
  2. United States (1274.0K square meters)
  3. Canada (154.6K square meters)
  4. Venezuela (98.9K square meters)
  5. Egypt (78.3K square meters)
  6. Russia (46.6K square meters)

Rolled Bitumen Articles Exports in the Dominican Republic

Rolled bitumen articles exports from the Dominican Republic soared to 5.3K square meters in 2022, increasing by 71% compared with the year before. In general, exports, however, continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 279% against the previous year. Over the period under review, the exports attained the maximum at 17K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, rolled bitumen articles exports surged to $13K in 2022. Overall, exports, however, recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 396%. The exports peaked at $37K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Rolled Bitumen Articles in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama0.90.71.96.896.2%
Haiti33.30.64.43.0-55.2%
United StatesN/AN/A4.52.9-35.6%
Jamaica3.2N/AN/A0.4-50.0%
OthersN/A0.8N/AN/A0%
Total37.52.210.813.0-29.8%

Top Export Markets for Rolled Bitumen Articles from the Dominican Republic in 2022:

  1. Panama (3.9K square meters)
  2. United States (0.6K square meters)
  3. Jamaica (0.5K square meters)
  4. Haiti (0.3K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the rolled bitumen articles market 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 23991255 - Articles of asphalt or of similar materials, e.g. petroleum bitumen or coal tar pitch, in rolls

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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