Report Update: May 1, 2024

Dominican Republic - Electrical Capacitors - Market Analysis, Forecast, Size, Trends And Insights

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Capacitor Price in the Dominican Republic - 2023

Capacitor Price in the Dominican Republic (FOB) - 2022

The average capacitor export price stood at $14 per unit in 2022, falling by -9.3% against the previous year. Over the period under review, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2018 when the average export price increased by 33%. The export price peaked at $41 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($18 per unit), while the average price for exports to Turkey ($5.6 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 Switzerland (+5.6%), while the prices for the other major destinations experienced a decline.

Capacitor Price in the Dominican Republic (CIF) - 2022

In 2022, the average capacitor import price amounted to $38 per unit, shrinking by -31.2% against the previous year. Over the period under review, the import price recorded a slight contraction. The pace of growth appeared the most rapid in 2017 an increase of 46%. The import price peaked at $56 per unit in 2021, and then reduced sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($91 per unit), while the price for Brazil ($3.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Capacitor Exports in the Dominican Republic

In 2022, approx. 798K units of electrical capacitors were exported from the Dominican Republic; surging by 6.4% compared with the previous year. The total export volume increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 25%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, capacitor exports dropped slightly to $11M in 2022. The total export value increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 22%. Over the period under review, the exports hit record highs at $12M in 2021, and then reduced modestly in the following year.

Export of Capacitor in the Dominican Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	0.1	N/A	0.3	10.8	376.2%
United States	6.4	0.3	0.7	0.2	-68.5%
Turkey	N/A	N/A	N/A	0.1	0%
Thailand	N/A	0.4	0.8	N/A	100.0%
Malaysia	0.1	1.9	N/A	N/A	1800.0%
France	N/A	0.3	0.1	N/A	-66.7%
India	1.1	1.6	0.9	N/A	-9.5%
Others	1.2	6.4	9.0	0.2	-45.0%
Total	9.0	11.0	11.8	11.4	8.2%

Top Export Markets for Capacitor from the Dominican Republic in 2022:

India (undefinedK units)
Malaysia (undefinedK units)
Switzerland (748.7K units)
United States (19.6K units)
Turkey (13.2K units)
France (0.1K units)

Capacitor Imports in the Dominican Republic

In 2022, the amount of electrical capacitors imported into the Dominican Republic soared to 168K units, growing by 214% compared with the previous year. Overall, imports saw a prominent increase. Over the period under review, imports reached the maximum at 223K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, capacitor imports surged to $6.5M in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 173% against the previous year. As a result, imports reached the peak of $9.9M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Capacitor in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	2,807	5,426	1,864	3,091	3.3%
South Africa	N/A	N/A	N/A	2,253	0%
China	363	699	178	341	-2.1%
Japan	30.6	51.6	224	189	83.5%
Mexico	16.2	18.9	59.2	139	104.7%
Argentina	47.9	145	23.9	98.0	26.9%
Spain	118	284	40.5	90.6	-8.4%
Panama	84.1	2,574	24.2	24.6	-33.6%
Others	170	737	586	241	12.3%
Total	3,636	9,936	2,999	6,468	21.2%

Top Suppliers of Capacitor to the Dominican Republic in 2022:

China (51.1K units)
South Africa (34.0K units)
United States (34.0K units)
Mexico (16.6K units)
Argentina (10.4K units)
Spain (4.5K units)
Japan (4.0K units)
Panama (2.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the capacitor 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 27905100 - Fixed power capacitors with a power handling capacity of > 0,5 kvar
Prodcom 27905220 - Fixed electrical capacitors, tantalum or aluminium electrolytic (excluding power capacitors)
Prodcom 27905240 - Other fixed electrical capacitors n.e.c.
Prodcom 27905300 - Variable capacitors (including pre-sets)

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023