Dominican Republic - Cement - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCement Price in the Dominican Republic - 2023
Contents:
- Cement Price in the Dominican Republic (FOB) - 2022
- Cement Price in the Dominican Republic (CIF) - 2022
- Cement Exports in the Dominican Republic
- Cement Imports in the Dominican Republic
Cement Price in the Dominican Republic (FOB) - 2022
The average cement export price stood at $101 per ton in 2022, surging by 18% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Bahamas ($111 per ton) and Turks and Caicos Islands ($106 per ton), while the average price for exports to Suriname ($79 per ton) and Guyana ($88 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahamas (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Cement Price in the Dominican Republic (CIF) - 2022
The average cement import price stood at $343 per ton in 2022, growing by 30% against the previous year. In general, the import price continues to indicate a resilient expansion. The growth pace was the most rapid in 2021 an increase of 37% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 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 Mexico ($964 per ton), while the price for Colombia ($93 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Cement Exports in the Dominican Republic
In 2022, approx. 823K tons of cement were exported from the Dominican Republic; therefore, remained relatively stable against the year before. Overall, exports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year.
In value terms, cement exports skyrocketed to $83M in 2022. The total export value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
Export of Cement in the Dominican Republic (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | 51.2 | 40.3 | 49.0 | 55.1 | 2.5% |
Jamaica | 9.9 | 6.7 | 10.4 | 12.1 | 6.9% |
Guyana | 1.4 | 0.6 | 1.8 | 4.1 | 43.1% |
Cayman Islands | N/A | N/A | 1.4 | 3.6 | 157.1% |
Suriname | 3.2 | 3.7 | 2.7 | 3.4 | 2.0% |
Turks and Caicos Islands | 2.3 | 1.8 | 2.9 | 2.9 | 8.0% |
Bahamas | 2.5 | 2.0 | 1.6 | 1.4 | -17.6% |
Others | 0.4 | 0.3 | 0.6 | 0.3 | -9.1% |
Total | 70.8 | 55.5 | 70.4 | 82.9 | 5.4% |
Top Export Markets for Cement from the Dominican Republic in 2022:
- Haiti (526.4K tons)
- Jamaica (128.9K tons)
- Guyana (46.5K tons)
- Suriname (43.7K tons)
- Cayman Islands (36.0K tons)
- Turks and Caicos Islands (27.4K tons)
- Bahamas (12.4K tons)
Cement Imports in the Dominican Republic
Cement imports into the Dominican Republic skyrocketed to 30K tons in 2022, picking up by 20% compared with the previous year. The total import volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cement imports skyrocketed to $10M in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 59% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
Import of Cement in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 2.7 | 2.1 | 3.5 | 3.0 | 3.6% |
Tunisia | N/A | N/A | 0.1 | 2.0 | 1900.0% |
Turkey | 1.5 | 0.9 | 0.2 | 1.8 | 6.3% |
Egypt | N/A | 0.3 | 1.1 | 1.3 | 108.2% |
United States | 0.3 | 0.6 | 0.9 | 1.1 | 54.2% |
Algeria | N/A | N/A | N/A | 0.4 | 0% |
Colombia | N/A | N/A | N/A | 0.1 | 0% |
Others | 0.2 | 0.3 | 0.8 | 0.5 | 35.7% |
Total | 4.7 | 4.1 | 6.5 | 10.2 | 29.5% |
Top Suppliers of Cement to the Dominican Republic in 2022:
- Turkey (10.4K tons)
- Tunisia (8.5K tons)
- Spain (8.3K tons)
- Egypt (3.6K tons)
- United States (2.0K tons)
- Algeria (1.5K tons)
- Colombia (0.6K tons)
This report provides an in-depth analysis of the cement 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 23511210 - Portland cement
- Prodcom 23511290 - Other hydraulic cements
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cement market in the Dominican Republic.
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This report provides an in-depth analysis of the global cement clinker market.
This report provides an in-depth analysis of the cement market in the Dominican Republic.
This report provides an in-depth analysis of the cement clinker market in the Dominican Republic.
This report provides an in-depth analysis of the global cement market.
This report provides an in-depth analysis of the global cement clinker market.
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