Dominican Republic - Christmas Decoration - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChristmas Decoration Price in the Dominican Republic - 2023
Contents:
- Christmas Decoration Price in the Dominican Republic (CIF) - 2022
- Christmas Decoration Price in the Dominican Republic (FOB) - 2022
- Christmas Decoration Imports in the Dominican Republic
- Christmas Decoration Exports in the Dominican Republic
Christmas Decoration Price in the Dominican Republic (CIF) - 2022
In 2022, the average christmas decoration import price amounted to $3.1 per unit, reducing by -5.3% against the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2014 an increase of 352%. Over the period under review, average import prices hit record highs at $38 per unit 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 China ($3.4 per unit), while the price for the United States ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.0%), while the prices for the other major suppliers experienced a decline.
Christmas Decoration Price in the Dominican Republic (FOB) - 2022
The average christmas decoration export price stood at $1.4 per unit in 2022, reducing by -59% against the previous year. In general, the export price recorded a deep contraction. The growth pace was the most rapid in 2015 when the average export price increased by 194% against the previous year. Over the period under review, the average export prices attained the maximum at $3.4 per unit in 2021, and then fell notably in the following year.
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 the United States ($4.6 per unit), while the average price for exports to France ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.8%), while the prices for the other major destinations experienced mixed trend patterns.
Christmas Decoration Imports in the Dominican Republic
In 2022, approx. 2.7M units of christmas decoration were imported into the Dominican Republic; jumping by 59% on the year before. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 299% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, christmas decoration imports soared to $8.5M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Christmas Decoration in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.3 | 4.4 | 5.3 | 7.7 | 13.3% |
United States | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
Panama | 0.1 | N/A | N/A | 0.2 | 26.0% |
Others | 0.3 | 0.4 | 0.1 | 0.2 | -12.6% |
Total | 5.8 | 5.0 | 5.6 | 8.5 | 13.6% |
Top Suppliers of Christmas Decoration to the Dominican Republic in 2022:
- China (2281.8K units)
- United States (313.5K units)
- Panama (63.2K units)
Christmas Decoration Exports in the Dominican Republic
In 2022, shipments abroad of christmas decoration decreased by -25.1% to 15K units, falling for the second year in a row after two years of growth. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 48%. As a result, the exports attained the peak of 37K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, christmas decoration exports reduced sharply to $21K in 2022. In general, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 5.2%. As a result, the exports attained the peak of $72K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Christmas Decoration in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.5 | 3.0 | 7.0 | 9.9 | 30.1% |
Turks and Caicos Islands | N/A | 0.1 | 0.6 | 3.8 | 516.4% |
France | 0.1 | N/A | N/A | 3.7 | 233.2% |
Jamaica | N/A | N/A | N/A | 2.5 | 0% |
Germany | 9.0 | 59.5 | N/A | 0.1 | -77.7% |
Haiti | 52.9 | 0.5 | 0.3 | N/A | -92.5% |
Panama | N/A | N/A | 56.6 | N/A | 0% |
Canada | 1.2 | 3.7 | N/A | N/A | 208.3% |
Others | 0.7 | 5.2 | 3.2 | 0.8 | 4.6% |
Total | 68.5 | 72.0 | 67.7 | 20.8 | -32.8% |
Top Export Markets for Christmas Decoration from the Dominican Republic in 2022:
- France (10.2K units)
- United States (2.2K units)
- Turks and Caicos Islands (1.1K units)
- Jamaica (0.8K units)
This report provides an in-depth analysis of the christmas decoration 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 32995130 - Articles for Christmas festivities (excluding electric garlands, n atural Christmas trees, Christmas tree stands, candles, s tatuettes, statues and the like used for decorating places of worship)
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 christmas decoration market in the Dominican Republic.
This report provides an in-depth analysis of the festive articles market in the Dominican Republic.
This report provides an in-depth analysis of the global christmas decoration market.
This report provides an in-depth analysis of the global festive articles market.
This report provides an in-depth analysis of the christmas decoration market in the Dominican Republic.
This report provides an in-depth analysis of the festive articles market in the Dominican Republic.
This report provides an in-depth analysis of the global christmas decoration market.
This report provides an in-depth analysis of the global festive articles market.
Discover the top import markets for Christmas decorations around the world. Explore the import values of countries like the United States, United Kingdom, Canada, and more. Get insights into the global demand for festive decorations.
Explore the world's best import markets for festive articles, including the United States, United Kingdom, Canada, and more. Discover key statistics and market insights for the global festive articles industry.
Discover the top import markets for Christmas decorations around the world. Explore the import values of countries like the United States, United Kingdom, Canada, and more. Get insights into the global demand for festive decorations.
Explore the world's best import markets for festive articles, including the United States, United Kingdom, Canada, and more. Discover key statistics and market insights for the global festive articles industry.