Dominican Republic: Market for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers 2024

Market Size for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in the Dominican Republic

The Dominican market for paint, distemper, varnish or similar brushes, paint pads and rollers declined rapidly to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a noticeable expansion. As a result, consumption attained the peak level of $X, and then fell sharply in the following year.

Exports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Exports from the Dominican Republic

In 2022, overseas shipments of paint, distemper, varnish or similar brushes, paint pads and rollers were finally on the rise to reach X units after three years of decline. In general, exports, however, continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers surged to $X in 2022. Over the period under review, exports, however, saw a precipitous curtailment. The pace of growth appeared the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Haiti (X units), Panama (X units) and Bolivia (X units) were the main destinations of exports of paint, distemper, varnish or similar brushes, paint pads and rollers from the Dominican Republic, with a combined X% share of total exports. Jamaica, Ecuador, Colombia, the United States, Costa Rica and El Salvador lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Jamaica (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Haiti ($X), the United States ($X) and Panama ($X) were the largest markets for paint, distemper, varnish or similar brush, paint pad and roller exported from the Dominican Republic worldwide, together accounting for X% of total exports. Jamaica, Bolivia, Colombia, Ecuador, Costa Rica and El Salvador lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Jamaica, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 the United States ($X per unit), while the average price for exports to Bolivia ($X 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 Colombia (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Imports into the Dominican Republic

In 2022, approx. X units of paint, distemper, varnish or similar brushes, paint pads and rollers were imported into the Dominican Republic; which is down by X% on the year before. Over the period under review, imports, however, showed a tangible expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then fell remarkably in the following year.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers contracted significantly to $X in 2022. Overall, imports, however, enjoyed a tangible increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then reduced remarkably in the following year.

Imports by Country

China (X units), Brazil (X units) and Guatemala (X units) were the main suppliers of imports of paint, distemper, varnish or similar brushes, paint pads and rollers to the Dominican Republic, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Guatemala (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest paint, distemper, varnish or similar brush, paint pad and roller suppliers to the Dominican Republic were Brazil ($X), China ($X) and the United States ($X), with a combined X% share of total imports. Guatemala and Mexico lagged somewhat behind, together comprising a further X%.

Guatemala, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform