Dominican Republic: Market for Non-PVC Floor, Wall and Ceiling Coverings 2024

Market Size for Non-PVC Floor, Wall and Ceiling Coverings in the Dominican Republic

For the third consecutive year, the Dominican market for non-PVC floor, wall and ceiling coverings recorded growth in sales value, which increased by X% to $X in 2023. In general, consumption saw a resilient increase. Consumption of peaked in 2023 and is expected to retain growth in the immediate term.

Exports of Non-PVC Floor, Wall and Ceiling Coverings

Exports from the Dominican Republic

In 2023, exports of non-pvc floor, wall and ceiling coverings from the Dominican Republic declined remarkably to X square meters, dropping by X% compared with the previous year's figure. Over the period under review, exports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at X square meters in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of non-PVC floor, wall and ceiling coverings shrank sharply to $X in 2023. In general, exports, however, posted a noticeable expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2022, and then declined significantly in the following year.

Exports by Country

Jamaica (X square meters), Haiti (X square meters) and the United States (X square meters) were the main destinations of exports of non-PVC floor, wall and ceiling coverings from the Dominican Republic.

From 2012 to 2023, the biggest increases were recorded for Jamaica (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for non-PVC floor, wall and ceiling coverings exported from the Dominican Republic were Jamaica ($X), Haiti ($X) and the United States ($X).

Jamaica, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for non-PVC floor, wall and ceiling coverings stood at $X per square meter in 2023, waning by X% against the previous year. Over the period under review, the export price, however, posted strong growth. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per square meter in 2022, and then contracted rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to Haiti ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-PVC Floor, Wall and Ceiling Coverings

Imports into the Dominican Republic

In 2023, purchases abroad of non-PVC floor, wall and ceiling coverings increased by X% to X square meters, rising for the third consecutive year after two years of decline. Over the period under review, imports posted buoyant growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure in 2023 and are expected to retain growth in the immediate term.

In value terms, imports of non-PVC floor, wall and ceiling coverings expanded sharply to $X in 2023. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2023 and are expected to retain growth in years to come.

Imports by Country

In 2023, China (X square meters) constituted the largest non-PVC floor, wall and ceiling coverings supplier to the Dominican Republic, accounting for a X% share of total imports. Moreover, imports of non-PVC floor, wall and ceiling coverings from China exceeded the figures recorded by the second-largest supplier, the United States (X square meters), twofold. Spain (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Spain (X% per year).

In value terms, China ($X), the United States ($X) and Spain ($X) constituted the largest non-PVC floor, wall and ceiling coverings suppliers to the Dominican Republic, together comprising X% of total imports.

China, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 non-PVC floor, wall and ceiling coverings stood at $X per square meter in 2023, declining by X% against the previous year. Overall, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2019 an increase of X%. The import price peaked at $X per square meter in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform