Price for Non-Furniture Refrigerating or Freezing Equipment in the Dominican Republic - 2023
Contents:
- Price for Non-Furniture Refrigerating or Freezing Equipment in the Dominican Republic (CIF) - 2022
- Price for Non-Furniture Refrigerating or Freezing Equipment in the Dominican Republic (FOB) - 2022
- Imports of Non-Furniture Refrigerating or Freezing Equipment in the Dominican Republic
- Exports of Non-Furniture Refrigerating or Freezing Equipment in the Dominican Republic
Price for Non-Furniture Refrigerating or Freezing Equipment in the Dominican Republic (CIF) - 2022
In 2022, the average import price for non-furniture refrigerating or freezing equipment amounted to $317 per unit, falling by -30.6% against the previous year. Over the period under review, the import price, however, saw perceptible growth. The most prominent rate of growth was recorded in 2017 an increase of 146%. Over the period under review, average import prices attained the maximum at $706 per unit in 2020; however, from 2021 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 ($672 per unit), while the price for China ($202 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Furniture Refrigerating or Freezing Equipment in the Dominican Republic (FOB) - 2022
In 2022, the average export price for non-furniture refrigerating or freezing equipment amounted to $263 per unit, growing by 4.1% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 689%. As a result, the export price reached the peak level of $931 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($316 per unit), while the average price for exports to Haiti ($59 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 Venezuela (+147.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Non-Furniture Refrigerating or Freezing Equipment in the Dominican Republic
In 2022, approx. 39K units of non-furniture refrigerating or freezing equipment were imported into the Dominican Republic; growing by 142% against the previous year's figure. Overall, imports recorded a temperate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-furniture refrigerating or freezing equipment imports soared to $12M in 2022. Over the period under review, imports, however, continue to indicate a abrupt descent. Imports peaked at $17M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Non-Furniture Refrigerating or Freezing Equipment in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.8 | 4.6 | 3.5 | 4.6 | -16.1% |
| China | 2.1 | 0.7 | 1.2 | 2.6 | 7.4% |
| Brazil | 0.6 | N/A | 0.7 | 1.7 | 41.5% |
| Italy | 0.8 | 0.1 | 0.2 | 1.6 | 26.0% |
| Spain | 3.6 | 2.9 | 0.2 | 1.1 | -32.6% |
| Mexico | 1.2 | 1.3 | 0.6 | 0.3 | -37.0% |
| France | 0.7 | N/A | 0.6 | 0.3 | -24.6% |
| South Korea | 0.3 | 0.1 | 0.2 | N/A | -18.4% |
| Others | 0.2 | 1.0 | 0.1 | 0.2 | 0.0% |
| Total | 17.2 | 10.8 | 7.4 | 12.5 | -10.1% |
Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to the Dominican Republic in 2022:
- United States (15.7K units)
- China (12.9K units)
- Italy (4.7K units)
- Brazil (4.6K units)
- Spain (1.7K units)
- Mexico (1.1K units)
- France (1.0K units)
- South Korea (0.1K units)
Exports of Non-Furniture Refrigerating or Freezing Equipment in the Dominican Republic
In 2022, exports of non-furniture refrigerating or freezing equipment from the Dominican Republic soared to 362 units, rising by 36% compared with 2021. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 768%. As a result, the exports reached the peak of 434 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, non-furniture refrigerating or freezing equipment exports soared to $95K in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,365%. As a result, the exports attained the peak of $145K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Non-Furniture Refrigerating or Freezing Equipment in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | N/A | 0.8 | N/A | 60.2 | 767.5% |
| United States | 3.4 | N/A | 8.1 | 26.4 | 98.0% |
| Haiti | 1.1 | N/A | 59.0 | 8.4 | 96.9% |
| Mexico | 1.9 | 137 | N/A | N/A | 7110.5% |
| Others | 3.5 | 7.2 | 0.2 | N/A | -76.1% |
| Total | 9.9 | 145 | 67.3 | 95.0 | 112.5% |
Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from the Dominican Republic in 2022:
- Cuba (191.0 units)
- United States (145.0 units)
- Haiti (143.0 units)
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