Dominican Republic: Fiberboard Market 2024

Fiberboard Market Size in the Dominican Republic

The Dominican fiberboard market soared to $X in 2022, jumping by X% 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). Over the period under review, consumption showed significant growth. Fiberboard consumption peaked in 2022 and is likely to continue growth in the near future.

Fiberboard Exports

Exports from the Dominican Republic

In 2022, overseas shipments of fiber board of wood or other ligneous materials were finally on the rise to reach X cubic meters for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, fiberboard exports skyrocketed to $X in 2022. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Haiti (X cubic meters) was the main destination for fiberboard exports from the Dominican Republic, with a X% share of total exports. It was followed by Saint Vincent and the Grenadines (X cubic meters), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Haiti stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saint Vincent and the Grenadines (X% per year) and Venezuela (X% per year).

In value terms, Haiti ($X) remains the key foreign market for fiber board of wood or other ligneous materials exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by Saint Vincent and the Grenadines ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Haiti stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saint Vincent and the Grenadines (X% per year) and Venezuela (X% per year).

Export Prices by Country

In 2022, the average fiberboard export price amounted to $X per cubic meter, waning by X% against the previous year. Overall, the export price saw a deep setback. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saint Vincent and the Grenadines ($X per cubic meter), while the average price for exports to Haiti ($X per cubic 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 (X%).

Fiberboard Imports

Imports into the Dominican Republic

Fiberboard imports into the Dominican Republic soared to X cubic meters in 2022, growing by X% against 2021. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, fiberboard imports skyrocketed to $X in 2022. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Brazil (X cubic meters) constituted the largest fiberboard supplier to the Dominican Republic, accounting for a X% share of total imports. Moreover, fiberboard imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X cubic meters), threefold. The third position in this ranking was held by Chile (X cubic meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Chile (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of fiber board of wood or other ligneous materials to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average fiberboard import price amounted to $X per cubic meter, increasing by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per cubic meter in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per cubic meter), while the price for Chile ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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