Dominican Republic - Electric Hair Dryers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Hair Dryer Price in the Dominican Republic - 2023
Contents:
- Electric Hair Dryer Price in the Dominican Republic (CIF) - 2023
- Electric Hair Dryer Price in the Dominican Republic (FOB) - 2022
- Electric Hair Dryer Imports in the Dominican Republic
- Electric Hair Dryer Exports in the Dominican Republic
Electric Hair Dryer Price in the Dominican Republic (CIF) - 2023
The average electric hair dryer import price stood at $31.3 per unit in March 2023, with an increase of 361% against the previous month. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $45.9 per unit in November 2022; however, from December 2022 to March 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Brazil ($80.8 per unit), while the price for China ($28.6 per unit) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Brazil (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Hair Dryer Price in the Dominican Republic (FOB) - 2022
In 2022, the average electric hair dryer export price amounted to $89 per unit, growing by 8.4% against the previous year. In general, the export price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2019 an increase of 210%. Over the period under review, the average export prices hit record highs at $116 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Curacao ($185 per unit), while the average price for exports to the United States ($75 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 Curacao (+65.3%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Hair Dryer Imports in the Dominican Republic
In 2022, supplies from abroad of electric hair dryers decreased by -29.9% to 75K units, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 22%. As a result, imports reached the peak of 121K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, electric hair dryer imports shrank sharply to $2.2M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports attained the peak of $2.6M, and then declined rapidly in the following year.
| Import of Electric Hair Dryer in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,214 | 1,263 | 1,720 | 1,314 | 2.7% |
| Brazil | 482 | 532 | 537 | 562 | 5.3% |
| Italy | 273 | 192 | 274 | 302 | 3.4% |
| United States | 89.0 | 22.7 | 63.6 | 41.7 | -22.3% |
| Others | 65.5 | 31.1 | 49.3 | 6.1 | -54.7% |
| Total | 2,123 | 2,040 | 2,644 | 2,227 | 1.6% |
Top Suppliers of Electric Hair Dryer to the Dominican Republic in 2022:
- China (58.7K units)
- Brazil (10.8K units)
- Italy (3.0K units)
- United States (2.5K units)
Electric Hair Dryer Exports in the Dominican Republic
Electric hair dryer exports from the Dominican Republic shrank remarkably to 80 units in 2022, waning by -24.5% on 2021 figures. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 108%. As a result, the exports reached the peak of 106 units, and then dropped significantly in the following year.
In value terms, electric hair dryer exports dropped markedly to $7.1K in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.0% 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 +20.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 47%. As a result, the exports reached the peak of $8.7K, and then fell rapidly in the following year.
| Export of Electric Hair Dryer in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Anguilla | N/A | N/A | N/A | 4.4 | 0% |
| United States | 4.7 | 5.4 | 2.3 | 1.4 | -33.2% |
| Curacao | 0.8 | N/A | N/A | 0.4 | -20.6% |
| Haiti | N/A | 0.1 | 4.2 | 0.1 | 0.0% |
| Cuba | N/A | 0.2 | 0.4 | N/A | 100.0% |
| Others | 0.4 | 0.3 | 1.8 | 0.9 | 31.0% |
| Total | 5.9 | 5.9 | 8.7 | 7.1 | 6.4% |
Top Export Markets for Electric Hair Dryer from the Dominican Republic in 2022:
- Anguilla (57.0 units)
- United States (18.0 units)
- Curacao (2.0 units)
- Haiti (1.0 units)
This report provides an in-depth analysis of the electric hair dryer 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 27512310 - Electric hair dryers
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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