Dominican Republic - Domestic Electro-Thermic Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDomestic Electro-Thermic Appliances Price in the Dominican Republic - 2023
Contents:
- Domestic Electro-Thermic Appliances Price in the Dominican Republic (CIF) - 2022
- Domestic Electro-Thermic Appliances Price in the Dominican Republic (FOB) - 2022
- Domestic Electro-Thermic Appliances Imports in the Dominican Republic
- Domestic Electro-Thermic Appliances Exports in the Dominican Republic
Domestic Electro-Thermic Appliances Price in the Dominican Republic (CIF) - 2022
In 2022, the average domestic electro-thermic appliances import price amounted to $33 per unit, picking up by 16% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 34%. Over the period under review, average import prices hit record highs at $49 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($254 per unit), while the price for China ($26 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Domestic Electro-Thermic Appliances Price in the Dominican Republic (FOB) - 2022
In 2022, the average domestic electro-thermic appliances export price amounted to $94 per unit, growing by 81% against the previous year. Overall, the export price showed a resilient expansion. The growth pace was the most rapid in 2015 an increase of 81%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($118 per unit), while the average price for exports to Chile ($5 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 Haiti (+15.1%), while the prices for the other major destinations experienced mixed trend patterns.
Domestic Electro-Thermic Appliances Imports in the Dominican Republic
In 2022, approx. 903K units of domestic electro-thermic appliances were imported into the Dominican Republic; declining by -4.9% compared with the previous year's figure. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 44%. As a result, imports attained the peak of 950K units, and then contracted in the following year.
In value terms, domestic electro-thermic appliances imports amounted to $30M in 2022. In general, imports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 73%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Domestic Electro-Thermic Appliances in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.3 | 11.4 | 20.7 | 20.9 | 22.8% |
| United States | 3.0 | 1.5 | 2.8 | 3.7 | 7.2% |
| Brazil | 0.6 | 0.6 | 0.7 | 0.7 | 5.3% |
| Others | 3.3 | 2.2 | 3.1 | 4.7 | 12.5% |
| Total | 18.3 | 15.8 | 27.3 | 30.0 | 17.9% |
Top Suppliers of Domestic Electro-Thermic Appliances to the Dominican Republic in 2022:
- China (796.6K units)
- United States (40.0K units)
- Brazil (16.2K units)
Domestic Electro-Thermic Appliances Exports in the Dominican Republic
In 2022, domestic electro-thermic appliances exports from the Dominican Republic shrank rapidly to 1.8K units, which is down by -49.4% against the previous year's figure. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 190%. As a result, the exports attained the peak of 3.7K units, and then reduced remarkably in the following year.
In value terms, domestic electro-thermic appliances exports contracted to $174K in 2022. Overall, total exports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 80%. As a result, the exports reached the peak of $190K, and then reduced in the following year.
| Export of Domestic Electro-Thermic Appliances in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 76.7 | 60.2 | 152 | 103 | 10.3% |
| Haiti | 35.9 | 27.2 | 21.5 | 41.7 | 5.1% |
| Venezuela | 10.3 | 0.8 | 0.3 | 17.6 | 19.6% |
| Anguilla | N/A | 0.1 | N/A | 4.4 | 563.3% |
| Cuba | 22.6 | 4.3 | 5.8 | 0.9 | -65.9% |
| Chile | N/A | N/A | N/A | 0.3 | 0% |
| Others | 16.2 | 12.7 | 10.3 | 6.4 | -26.6% |
| Total | 162 | 105 | 190 | 174 | 2.4% |
Top Export Markets for Domestic Electro-Thermic Appliances from the Dominican Republic in 2022:
- United States (875.0 units)
- Venezuela (400.0 units)
- Haiti (354.0 units)
- Anguilla (57.0 units)
- Chile (54.0 units)
- Cuba (16.0 units)
This report provides an in-depth analysis of the domestic electro-thermic appliances 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 27512490 - Electro-thermic appliances, for domestic use (excluding hairdressing appliances and hand dryers, space-heating and soil-heating apparatus, water heaters, immersion heaters, s moothing irons, microwave ovens, ovens, cookers, cooking plates, boiling rings, grillers, roasters, coffee makers, tea makers and toasters)
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- 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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