Dominican Republic: Market for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in the Dominican Republic

In 2023, the Dominican market for non-cellular plates, sheets, film, foil and strip of plastics decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2022, and then shrank in the following year.

Production of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in the Dominican Republic

In value terms, production of non-cellular plates, sheets, film, foil and strip of plastics fell modestly to $X in 2023 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2023, production of growth failed to regain momentum.

Exports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from the Dominican Republic

In 2023, approx. X tons of non-cellular plates, sheets, film, foil and strip of plastics were exported from the Dominican Republic; declining by X% against the previous year's figure. Over the period under review, exports recorded a sharp setback. The pace of growth appeared the most rapid in 2022 with an increase of X%. Over the period under review, the exports of reached the peak figure at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of non-cellular plates, sheets, film, foil and strip of plastics reduced sharply to $X in 2023. In general, exports recorded a precipitous descent. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Haiti (X tons) was the main destination for exports of non-cellular plates, sheets, film, foil and strip of plastics from the Dominican Republic, accounting for a X% share of total exports. Moreover, exports of non-cellular plates, sheets, film, foil and strip of plastics to Haiti exceeded the volume sent to the second major destination, Trinidad and Tobago (X tons), threefold. The third position in this ranking was held by the United States (X tons), with a X% share.

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

In value terms, Haiti ($X) remains the key foreign market for non-cellular plates, sheets, film, foil and strip of plastics exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Trinidad and Tobago, with a X% share.

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

Export Prices by Country

In 2023, the average export price for non-cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, showed a noticeable slump. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Jamaica ($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 the United States (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into the Dominican Republic

In 2023, supplies from abroad of non-cellular plates, sheets, film, foil and strip of plastics decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated temperate 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, imports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of non-cellular plates, sheets, film, foil and strip of plastics dropped significantly to $X in 2023. In general, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports of failed to regain momentum.

Imports by Country

China (X tons), the United States (X tons) and Spain (X tons) were the main suppliers of imports of non-cellular plates, sheets, film, foil and strip of plastics to the Dominican Republic, together comprising X% of total imports. Peru, Ecuador, El Salvador, Mexico, Germany, Israel, India and Colombia lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-cellular plates, sheets, film, foil and strip of plastics suppliers to the Dominican Republic were the United States ($X), China ($X) and Spain ($X), together accounting for X% of total imports. Peru, El Salvador, Mexico, Germany, Colombia, Israel, India and Ecuador lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 import price for non-cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2023 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform