Dominican Republic - Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Non-Aqueous Paint and Varnish in the Dominican Republic - 2023
Contents:
- Price for Non-Aqueous Paint and Varnish in the Dominican Republic (CIF) - 2023
- Price for Non-Aqueous Paint and Varnish in the Dominican Republic (FOB) - 2022
- Imports of Non-Aqueous Paint and Varnish in the Dominican Republic
- Exports of Non-Aqueous Paint and Varnish in the Dominican Republic
Price for Non-Aqueous Paint and Varnish in the Dominican Republic (CIF) - 2023
In March 2023, the average non-aqueous paint and varnish import price amounted to $5,959 per ton, waning by -14.8% against the previous month. Overall, import price indicated a noticeable expansion from March 2022 to March 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, non-aqueous paint and varnish import price increased by +14.7% against December 2022 indices. The growth pace was the most rapid in October 2022 an increase of 52% month-to-month. As a result, import price reached the peak level of $9,160 per ton. From November 2022 to March 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was the United States ($9,518 per ton), while the price for China ($2,592 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Aqueous Paint and Varnish in the Dominican Republic (FOB) - 2022
The average non-aqueous paint and varnish export price stood at $2,998 per ton in 2022, picking up by 23% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The export price peaked at $3,217 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Trinidad and Tobago ($4,285 per ton), while the average price for exports to Guatemala ($722 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (-0.7%), while the prices for the other major destinations experienced a decline.
Imports of Non-Aqueous Paint and Varnish in the Dominican Republic
In 2022, the amount of paints and varnishes dispersed or dissolved in a non-aqueous medium imported into the Dominican Republic surged to 5.3K tons, increasing by 33% on the previous year's figure. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, non-aqueous paint and varnish imports skyrocketed to $26M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.8% 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 +85.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Non-Aqueous Paint and Varnish in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 10.0 | 8.6 | 10.1 | 14.8 | 14.0% |
Guatemala | 1.0 | 0.9 | 1.8 | 3.0 | 44.2% |
China | 1.5 | 0.8 | 2.1 | 2.1 | 11.9% |
Spain | 2.3 | 2.0 | 1.6 | 2.1 | -3.0% |
Germany | 0.1 | 0.1 | 0.4 | 1.7 | 157.1% |
Mexico | 0.2 | 0.1 | 0.4 | 0.7 | 51.8% |
Belgium | N/A | N/A | N/A | 0.4 | 0% |
Others | 0.8 | 1.3 | 1.1 | 1.0 | 7.7% |
Total | 15.8 | 13.9 | 17.7 | 25.8 | 17.8% |
Top Suppliers of Non-Aqueous Paint and Varnish to the Dominican Republic in 2022:
- United States (2477.1 tons)
- Guatemala (988.6 tons)
- China (806.5 tons)
- Spain (453.3 tons)
- Germany (190.0 tons)
- Mexico (126.1 tons)
- Belgium (105.6 tons)
Exports of Non-Aqueous Paint and Varnish in the Dominican Republic
In 2022, after three years of growth, there was significant decline in overseas shipments of paints and varnishes dispersed or dissolved in a non-aqueous medium, when their volume decreased by -13.8% to 2.8K tons. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 32% against the previous year. As a result, the exports attained the peak of 3.2K tons, and then contracted in the following year.
In value terms, non-aqueous paint and varnish exports expanded notably to $8.4M in 2022. The total export value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
Export of Non-Aqueous Paint and Varnish in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | 6.3 | 5.7 | 7.5 | 6.8 | 2.6% |
United States | 0.3 | 0.5 | 0.4 | 0.3 | 0.0% |
Trinidad and Tobago | N/A | N/A | N/A | 0.2 | 0% |
Panama | N/A | N/A | N/A | 0.1 | 0% |
Guatemala | N/A | N/A | N/A | 0.1 | 0% |
Others | 0.1 | 0.1 | 0.1 | 0.9 | 108.0% |
Total | 6.7 | 6.3 | 7.9 | 8.4 | 7.8% |
Top Export Markets for Non-Aqueous Paint and Varnish from the Dominican Republic in 2022:
- Haiti (2374.4 tons)
- Guatemala (141.7 tons)
- United States (136.9 tons)
- Panama (59.0 tons)
- Trinidad and Tobago (50.0 tons)
This report provides an in-depth analysis of the market for non-aqueous paint and varnish 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 20301225 - Paints and varnishes, based on polyesters dispersed/dissolved in a non-aqueous medium, weight of the solvent > .50 % of the weight of the solution including enamels and lacquers
- Prodcom 20301229 - Paints and varnishes, based on polyesters dispersed/dissolved in a non-aqueous medium including enamels and lacquers excluding weight of the solvent > .50 % of the weight of the solution
- Prodcom 20301230 - Paints and varnishes, based on acrylic or vinyl polymers dispersed/dissolved in non-aqueous medium, weight of the solvent > .50 % of the solution weight including enamels and lacquers
- Prodcom 20301250 - Other paints and varnishes based on acrylic or vinyl polymers
- Prodcom 20301270 - Paints and varnishes: solutions n.e.c.
- Prodcom 20301290 - Other paints and varnishes based on synthetic polymers n.e.c.
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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 market for non-aqueous paint and varnish in the Dominican Republic.
This report provides an in-depth analysis of the paint and varnish market in the Dominican Republic.
This report provides an in-depth analysis of the global market for non-aqueous paint and varnish.
This report provides an in-depth analysis of the global paint and varnish market.
This report provides an in-depth analysis of the market for non-aqueous paint and varnish in the Dominican Republic.
This report provides an in-depth analysis of the global market for non-aqueous paint and varnish.
Explore the top import markets for paint and varnish worldwide, including China, Canada, Germany, and more. Discover key statistics, import values, and growth potential. Leverage the IndexBox market intelligence platform for in-depth analysis and insights.
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...