Dominican Republic - Iron Or Steel Solid Fuel Domestic Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Solid Fuel Appliances in the Dominican Republic - 2023
Contents:
- Price for Metal Solid Fuel Appliances in the Dominican Republic (CIF) - 2022
- Price for Metal Solid Fuel Appliances in the Dominican Republic (FOB) - 2022
- Imports of Metal Solid Fuel Appliances in the Dominican Republic
- Exports of Metal Solid Fuel Appliances in the Dominican Republic
Price for Metal Solid Fuel Appliances in the Dominican Republic (CIF) - 2022
In 2022, the average metal solid fuel appliances import price amounted to $70 per unit, jumping by 47% against the previous year. Overall, the import price, however, faced a deep contraction. Over the period under review, average import prices hit record highs at $531 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 Spain ($451 per unit), while the price for China ($186 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Metal Solid Fuel Appliances in the Dominican Republic (FOB) - 2022
The average metal solid fuel appliances export price stood at $44 per unit in 2022, with a decrease of -12% against the previous year. Overall, the export price showed a abrupt downturn. The growth pace was the most rapid in 2014 when the average export price increased by 3,458%. The export price peaked at $838 per unit in 2018; however, from 2019 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 Antigua and Barbuda ($11 per unit), while the average price for exports to Costa Rica amounted to $0.6 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guyana (-44.4%), while the prices for the other major destinations experienced a decline.
Imports of Metal Solid Fuel Appliances in the Dominican Republic
In 2022, after three years of growth, there was significant decline in supplies from abroad of iron or steel solid fuel domestic appliances, when their volume decreased by -43.5% to 6.4K units. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 207%. As a result, imports reached the peak of 11K units, and then reduced markedly in the following year.
In value terms, metal solid fuel appliances imports dropped rapidly to $449K in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 66% against the previous year. As a result, imports attained the peak of $540K, and then fell significantly in the following year.
| Import of Metal Solid Fuel Appliances in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 153 | 189 | 324 | 274 | 21.4% |
| United States | 49.2 | 123 | 207 | 166 | 50.0% |
| Italy | 45.4 | 1.9 | 0.1 | 0.1 | -87.0% |
| Others | 5.3 | 10.5 | 9.6 | 8.8 | 18.4% |
| Total | 253 | 325 | 540 | 449 | 21.1% |
Top Suppliers of Metal Solid Fuel Appliances to the Dominican Republic in 2022:
- Italy (undefinedK units)
- China (1.5K units)
- United States (0.4K units)
Exports of Metal Solid Fuel Appliances in the Dominican Republic
In 2022, shipments abroad of iron or steel solid fuel domestic appliances decreased by -73.6% to 477 units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 44,957%. As a result, the exports reached the peak of 3.2K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, metal solid fuel appliances exports declined remarkably to $21K in 2022. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 39,560%. As a result, the exports reached the peak of $179K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Metal Solid Fuel Appliances in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Antigua and Barbuda | N/A | 16.2 | 13.7 | 8.6 | -27.1% |
| Costa Rica | N/A | N/A | 10.9 | 1.8 | -83.5% |
| Guyana | N/A | 117 | 21.8 | N/A | -81.4% |
| Others | 0.5 | 45.8 | 44.0 | 10.7 | 177.6% |
| Total | 0.5 | 179 | 90.5 | 21.0 | 247.6% |
Top Export Markets for Metal Solid Fuel Appliances from the Dominican Republic in 2022:
- Costa Rica (2.8K units)
- Antigua and Barbuda (0.8K units)
This report provides an in-depth analysis of the market for metal solid fuel appliances 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 27521270 - Iron or steel solid fuel domestic appliances, including heaters, g rates, fires and braziers (excluding cooking appliances and plate warmers)
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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