Dominican Republic - Flat Pallets And Pallet Collars Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Flat Pallet Price in the Dominican Republic - 2023
Contents:
- Wood Flat Pallet Price in the Dominican Republic (CIF) - 2023
- Wood Flat Pallet Price in the Dominican Republic (FOB) - 2022
- Wood Flat Pallet Imports in the Dominican Republic
- Wood Flat Pallet Exports in the Dominican Republic
Wood Flat Pallet Price in the Dominican Republic (CIF) - 2023
In March 2023, the average wood flat pallet import price amounted to $38.7 per unit, with an increase of 78% against the previous month. In general, the import price showed noticeable growth. The pace of growth appeared the most rapid in December 2022 an increase of 430% against the previous month. Over the period under review, average import prices reached the maximum in March 2023.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From March 2022 to March 2023, the rate of growth in terms of prices for Spain amounted to +33.9% per month.
Wood Flat Pallet Price in the Dominican Republic (FOB) - 2022
In 2022, the average wood flat pallet export price amounted to $9.1 per unit, with a decrease of -25.9% against the previous year. Overall, the export price, however, continues to indicate slight growth. The most prominent rate of growth was recorded in 2020 an increase of 155%. As a result, the export price reached the peak level of $14 per unit. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($15 per unit), while the average price for exports to Germany ($1.8 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 Aruba (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.
Wood Flat Pallet Imports in the Dominican Republic
In 2022, approx. 115K units of flat pallets and pallet collars of wood were imported into the Dominican Republic; jumping by 41% on the year before. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.3% 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 decreased by -21.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 58%. As a result, imports reached the peak of 147K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, wood flat pallet imports contracted dramatically to $1M in 2022. Overall, imports, however, showed a noticeable slump. The growth pace was the most rapid in 2021 when imports increased by 31%. As a result, imports reached the peak of $1.4M, and then declined significantly in the following year.
Import of Wood Flat Pallet in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 211 | 894 | 784 | 860 | 59.7% |
Spain | 19.4 | 157 | 104 | 114 | 80.5% |
Others | 954 | 42.0 | 544 | 47.9 | -63.1% |
Total | 1,184 | 1,093 | 1,432 | 1,022 | -4.8% |
Top Suppliers of Wood Flat Pallet to the Dominican Republic in 2022:
- United States (105.4K units)
- Spain (6.1K units)
Wood Flat Pallet Exports in the Dominican Republic
In 2022, shipments abroad of flat pallets and pallet collars of wood increased by 62% to 32K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a sharp decrease. Over the period under review, the exports hit record highs at 85K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, wood flat pallet exports soared to $291K in 2022. In general, exports, however, faced a abrupt setback. Over the period under review, the exports reached the peak figure at $483K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Wood Flat Pallet in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | 122 | 114 | 82.3 | 105 | -4.9% |
Peru | 165 | 111 | 65.3 | 86.7 | -19.3% |
Italy | 55.5 | 61.1 | 29.9 | 38.1 | -11.8% |
United States | 41.0 | 28.5 | 27.7 | 35.2 | -5.0% |
Colombia | 24.9 | 10.8 | 17.8 | 22.7 | -3.0% |
Germany | 9.6 | 0.5 | 1.1 | 2.7 | -34.5% |
Others | 64.9 | -19.7 | 19.0 | 1.0 | -75.1% |
Total | 483 | 307 | 243 | 291 | -15.5% |
Top Export Markets for Wood Flat Pallet from the Dominican Republic in 2022:
- Haiti (9.0K units)
- Peru (8.5K units)
- United States (7.2K units)
- Colombia (3.0K units)
- Italy (2.6K units)
- Germany (1.5K units)
This report provides an in-depth analysis of the wood flat pallet 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 16241133 - Flat pallets and pallet collars of wood
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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