Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in the Dominican Republic - 2023

Contents:

  1. Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in the Dominican Republic (CIF) - 2022
  2. Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in the Dominican Republic (FOB) - 2022
  3. Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in the Dominican Republic
  4. Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in the Dominican Republic

Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in the Dominican Republic (CIF) - 2022

In 2022, the average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $4.2 per unit, growing by 24% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 38%. Over the period under review, average import prices hit record highs at $5.8 per unit in 2017; however, from 2018 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 Italy ($9 per unit), while the price for Colombia ($1.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in the Dominican Republic (FOB) - 2022

The average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $6.9 per unit in 2022, rising by 45% against the previous year. Over the period under review, the export price, however, showed a deep downturn. The pace of growth appeared the most rapid in 2015 when the average export price increased by 60% against the previous year. The export price peaked at $17 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($24 per unit), while the average price for exports to the United States ($6.6 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 Cuba (+23.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in the Dominican Republic

In 2022, purchases abroad of stemware drinking glasses, other than of lead crystal or glass-ceramicses increased by 56% to 735K units for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses surged to $3.1M in 2022. Over the period under review, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China45130738680821.5%
Italy18312122749139.0%
Colombia2831352093103.1%
United States23443.880.4207-4.0%
Mexico13418520218511.3%
France65.428.092.016736.7%
Germany10834.339.31244.7%
Netherlands11.913.314.7119115.4%
Spain20951.251.2108-19.8%
Saudi Arabia0.328.1N/A107609.2%
Brazil92.667.227.795.31.0%
Turkey17245.918.175.9-23.9%
Bulgaria78.959.969.84.8-60.7%
Others28756.2168268-2.3%
Total2,3101,1761,5863,0709.9%

Top Suppliers of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics to the Dominican Republic in 2022:

  1. Colombia (201.5K units)
  2. China (169.1K units)
  3. Mexico (58.5K units)
  4. Italy (54.4K units)
  5. Saudi Arabia (44.3K units)
  6. France (41.7K units)
  7. United States (28.5K units)
  8. Spain (28.3K units)
  9. Brazil (24.2K units)
  10. Germany (22.7K units)
  11. Netherlands (17.5K units)
  12. Turkey (16.5K units)
  13. Bulgaria (0.9K units)

Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in the Dominican Republic

In 2022, the amount of stemware drinking glasses, other than of lead crystal or glass-ceramicses exported from the Dominican Republic surged to 46K units, picking up by 40% against the previous year. Overall, exports, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2021 when exports increased by 153%. Over the period under review, the exports of attained the peak figure at 52K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses surged to $314K in 2022. In general, exports posted a moderate increase. The pace of growth appeared the most rapid in 2021 when exports increased by 104%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States26770.51503004.0%
NetherlandsN/AN/A2.0N/A0%
Others23.95.52.414.0-16.3%
Total29176.01553142.6%

Top Export Markets for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics from the Dominican Republic in 2022:

  1. United States (45.5K units)

Source: IndexBox Market Intelligence Platform

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