Dominican Republic - Glass Fiber Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Fibre Fabrics Price in the Dominican Republic - 2021
Contents:
- Glass Fibre Fabrics Price in the Dominican Republic (CIF) - 2022
- Glass Fibre Fabrics Price in the Dominican Republic (FOB) - 2022
- Glass Fibre Fabrics Imports in the Dominican Republic
- Glass Fibre Fabrics Exports in the Dominican Republic
Glass Fibre Fabrics Price in the Dominican Republic (CIF) - 2022
In 2022, the average glass fibre fabrics import price amounted to $4,900 per ton, increasing by 14% against the previous year. In general, the import price, however, recorded a slight setback. The growth pace was the most rapid in 2020 an increase of 72% against the previous year. The import price peaked at $7,173 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($5,261 per ton), while the price for Mexico ($2,341 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.5%), while the prices for the other major suppliers experienced a decline.
Glass Fibre Fabrics Price in the Dominican Republic (FOB) - 2022
In 2022, the average glass fibre fabrics export price amounted to $4,128 per ton, which is down by -16.5% against the previous year. In general, the export price showed a dramatic decrease. The pace of growth appeared the most rapid in 2021 when the average export price increased by 327% against the previous year. Over the period under review, the average export prices attained the maximum at $52,453 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($7,100 per ton), while the average price for exports to the United States totaled $4,185 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+6.3%), while the prices for the other major destinations experienced mixed trend patterns.
Glass Fibre Fabrics Imports in the Dominican Republic
In 2022, the amount of glass fibre fabrics imported into the Dominican Republic reduced markedly to 85 tons, waning by -22.6% compared with 2021. Over the period under review, imports saw a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 82%. As a result, imports attained the peak of 110 tons, and then declined significantly in the following year.
In value terms, glass fibre fabrics imports fell to $419K in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, imports attained the peak of $473K, and then declined in the following year.
Import of Glass Fibre Fabrics in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 154 | 206 | 292 | 264 | 19.7% |
United States | 140 | 79.8 | 147 | 127 | -3.2% |
Colombia | 18.9 | 105 | 130 | 116 | 83.1% |
Mexico | 6.7 | 9.4 | 7.0 | 6.5 | -1.0% |
South Korea | 124 | N/A | N/A | N/A | 0% |
Others | -66.5 | -36.7 | -102.8 | -94.9 | 12.6% |
Total | 377 | 364 | 473 | 419 | 3.6% |
Top Suppliers of Glass Fibre Fabrics to the Dominican Republic in 2022:
- China (85.1 tons)
- Colombia (43.1 tons)
- United States (24.2 tons)
- Mexico (2.8 tons)
Glass Fibre Fabrics Exports in the Dominican Republic
In 2022, after three years of growth, there was significant decline in overseas shipments of glass fibre fabrics, when their volume decreased by -36.3% to 2 tons. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 2,178% against the previous year.
In value terms, glass fibre fabrics exports shrank notably to $8.1K in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,452% against the previous year. As a result, the exports attained the peak of $15K, and then fell remarkably in the following year.
Export of Glass Fibre Fabrics in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.0 | 3.6 | 0.2 | 6.5 | 2.7% |
Haiti | 2.9 | 3.4 | 2.5 | 4.7 | 17.5% |
Turks and Caicos Islands | N/A | N/A | 2.4 | N/A | 0% |
Costa Rica | N/A | 0.2 | 10.0 | N/A | 4900.0% |
Others | -8.5 | -6.3 | N/A | -3.1 | -28.6% |
Total | 0.5 | 1.0 | 15.1 | 8.1 | 153.0% |
Top Export Markets for Glass Fibre Fabrics from the Dominican Republic in 2022:
- United States (1.5 tons)
- Haiti (0.7 tons)
This report provides an in-depth analysis of the glass fibre fabrics 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 13204600 - Woven fabrics of glass fibre (including narrow fabrics, glass wool)
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
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