Dominican Republic - Ophthalmic Instruments And Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOphthalmic Instruments Price in the Dominican Republic - 2023
Contents:
- Ophthalmic Instruments Price in the Dominican Republic (CIF) - 2022
- Ophthalmic Instruments Price in the Dominican Republic (FOB) - 2023
- Ophthalmic Instruments Imports in the Dominican Republic
- Ophthalmic Instruments Exports in the Dominican Republic
Ophthalmic Instruments Price in the Dominican Republic (CIF) - 2022
In 2022, the average ophthalmic instruments import price amounted to $4.5 per unit, dropping by -16.6% against the previous year. Over the period under review, the import price showed a deep downturn. The pace of growth was the most pronounced in 2020 an increase of 23%. Over the period under review, average import prices reached the peak figure at $9.6 per unit in 2014; however, from 2015 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 Germany ($16 per unit), while the price for China ($1.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.2%), while the prices for the other major suppliers experienced a decline.
Ophthalmic Instruments Price in the Dominican Republic (FOB) - 2023
In March 2023, the average ophthalmic instruments export price amounted to $15.1 per unit, jumping by 537% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked at $17.1 per unit in October 2022; however, from November 2022 to March 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From March 2022 to March 2023, the rate of growth in terms of prices for the United States amounted to +0.3% per month.
Ophthalmic Instruments Imports in the Dominican Republic
In 2022, imports of ophthalmic instruments and appliances into the Dominican Republic surged to 1.7M units, increasing by 100% on the previous year. Over the period under review, imports saw a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ophthalmic instruments imports surged to $7.6M in 2022. Overall, imports recorded resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ophthalmic Instruments in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,384 | 1,621 | 2,565 | 4,761 | 25.9% |
| China | 1,001 | 797 | 830 | 802 | -7.1% |
| Germany | 547 | 236 | 172 | 574 | 1.6% |
| Singapore | 84.5 | N/A | 32.5 | 288 | 50.5% |
| Mexico | 13.6 | 34.5 | 148 | 225 | 154.8% |
| Others | 597 | 405 | 809 | 958 | 17.1% |
| Total | 4,627 | 3,094 | 4,556 | 7,607 | 18.0% |
Top Suppliers of Ophthalmic Instruments to the Dominican Republic in 2022:
- United States (871.1K units)
- China (582.1K units)
- Mexico (60.6K units)
- Singapore (48.2K units)
- Germany (35.2K units)
Ophthalmic Instruments Exports in the Dominican Republic
In 2022, exports of ophthalmic instruments and appliances from the Dominican Republic soared to 963K units, picking up by 548% compared with the previous year. Over the period under review, exports showed tangible growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, ophthalmic instruments exports surged to $16M in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ophthalmic Instruments in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 2.3 | 0.2 | N/A | 12.8 | 77.2% |
| United States | 1.6 | 1.2 | 1.3 | 2.9 | 21.9% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 4.1 | 1.4 | 1.4 | 15.7 | 56.4% |
Top Export Markets for Ophthalmic Instruments from the Dominican Republic in 2022:
- Panama (658.0K units)
- United States (304.0K units)
This report provides an in-depth analysis of the ophthalmic instruments 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 32501320 - Ophthalmic instruments and appliances
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
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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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