Dominican Republic - Lithium cells ans batteries - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cells and Batteries; Lithium in the Dominican Republic - 2023
Contents:
- Price for Cells and Batteries; Lithium in the Dominican Republic (CIF) - 2022
- Price for Cells and Batteries; Lithium in the Dominican Republic (FOB) - 2022
- Imports of Cells and Batteries; Lithium in the Dominican Republic
- Exports of Cells and Batteries; Lithium in the Dominican Republic
Price for Cells and Batteries; Lithium in the Dominican Republic (CIF) - 2022
In 2022, the average cells and batteries; lithium import price amounted to $4.7 per unit, rising by 24% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cells and batteries; lithium import price increased by +90.6% against 2019 indices. The growth pace was the most rapid in 2016 when the average import price increased by 70% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($12 per unit), while the price for Hong Kong SAR ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cells and Batteries; Lithium in the Dominican Republic (FOB) - 2022
The average cells and batteries; lithium export price stood at $17 per unit in 2022, increasing by 33% against the previous year. Over the period under review, the export price recorded modest growth. The pace of growth appeared the most rapid in 2020 an increase of 91% against the previous year. As a result, the export price reached the peak level of $24 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($17 per unit), while the average price for exports to the United States amounted to $5.7 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (-0.9%).
Imports of Cells and Batteries; Lithium in the Dominican Republic
Cells and batteries; lithium imports into the Dominican Republic soared to 269K units in 2022, jumping by 23% on the previous year. Overall, imports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2020 when imports increased by 94%. As a result, imports attained the peak of 399K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cells and batteries; lithium imports surged to $1.3M in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 124%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Cells and Batteries; Lithium in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 333 | 734 | 429 | 814 | 34.7% |
| United States | 69.3 | 267 | 235 | 274 | 58.1% |
| Spain | 1.9 | 3.9 | 5.6 | 67.3 | 228.4% |
| Hong Kong SAR | 1.0 | 18.4 | 3.4 | 8.0 | 100.0% |
| Others | 97.6 | 101 | 147 | 94.8 | -1.0% |
| Total | 502 | 1,124 | 820 | 1,257 | 35.8% |
Top Suppliers of Cells and Batteries; Lithium to the Dominican Republic in 2022:
- China (224.2K units)
- United States (23.0K units)
- Hong Kong SAR (7.2K units)
- Spain (6.6K units)
Exports of Cells and Batteries; Lithium in the Dominican Republic
Cells and batteries; lithium exports from the Dominican Republic shrank dramatically to 13K units in 2022, which is down by -59.4% on 2021 figures. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 881%. As a result, the exports reached the peak of 32K units, and then shrank markedly in the following year.
In value terms, cells and batteries; lithium exports shrank dramatically to $226K in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 421%. As a result, the exports attained the peak of $421K, and then declined sharply in the following year.
| Export of Cells and Batteries; Lithium in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 0.1 | 40.8 | 225 | 220 | 1200.6% |
| United States | 32.8 | 12.7 | 163 | 0.4 | -77.0% |
| Cuba | 21.1 | 21.9 | 15.9 | N/A | -13.2% |
| Others | 3.0 | 5.5 | 16.7 | 5.5 | 22.4% |
| Total | 57.0 | 80.8 | 421 | 226 | 58.3% |
Top Export Markets for Cells and Batteries; Lithium from the Dominican Republic in 2022:
- Haiti (13.0K units)
- United States (0.1K units)
This report provides an in-depth analysis of the lithium battery 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 27201150 -
- Prodcom 27201155 -
- Prodcom 27201160 -
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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