Dominican Republic - Refrigerators And Freezers - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRefrigerator and Freezer Price in the Dominican Republic - 2023
Contents:
- Refrigerator and Freezer Price in the Dominican Republic (CIF) - 2022
- Refrigerator and Freezer Price in the Dominican Republic (FOB) - 2022
- Refrigerator and Freezer Imports in the Dominican Republic
- Refrigerator and Freezer Exports in the Dominican Republic
Refrigerator and Freezer Price in the Dominican Republic (CIF) - 2022
In 2022, the average refrigerator and freezer import price amounted to $558 per unit, with an increase of 31% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refrigerator and freezer import price increased by +92.1% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 44% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
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 ($1,811 per unit), while the price for Costa Rica ($211 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Refrigerator and Freezer Price in the Dominican Republic (FOB) - 2022
The average refrigerator and freezer export price stood at $146 per unit in 2022, rising by 6.3% against the previous year. Over the period under review, the export price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 36%. Over the period under review, the average export prices attained the maximum at $329 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($269 per unit), while the average price for exports to the United States ($116 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 Turks and Caicos Islands (+14.9%), while the prices for the other major destinations experienced a decline.
Refrigerator and Freezer Imports in the Dominican Republic
In 2022, the amount of refrigerators and freezers imported into the Dominican Republic declined dramatically to 218K units, falling by -18.7% on the previous year's figure. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Imports peaked at 277K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, refrigerator and freezer imports rose remarkably to $121M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Refrigerator and Freezer in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.8 | 34.5 | 44.1 | 39.2 | 3.1% |
| Colombia | 16.6 | 15.6 | 28.6 | 36.1 | 29.6% |
| Mexico | 13.8 | 11.4 | 21.5 | 25.2 | 22.2% |
| United States | 9.1 | 7.0 | 11.4 | 13.2 | 13.2% |
| Thailand | 1.6 | 2.1 | 3.4 | 2.6 | 17.6% |
| Others | 3.4 | 3.0 | 5.1 | 5.0 | 13.7% |
| Total | 80.4 | 73.7 | 114 | 121 | 14.6% |
Top Suppliers of Refrigerator and Freezer to the Dominican Republic in 2022:
- China (110.8K units)
- Colombia (66.6K units)
- Mexico (20.0K units)
- United States (7.3K units)
- Thailand (3.8K units)
Refrigerator and Freezer Exports in the Dominican Republic
In 2022, after two years of decline, there was significant growth in shipments abroad of refrigerators and freezers, when their volume increased by 384% to 6.8K units. Over the period under review, exports, however, saw a precipitous decrease. Over the period under review, the exports reached the peak figure at 22K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, refrigerator and freezer exports soared to $998K in 2022. In general, exports, however, showed a precipitous contraction. Over the period under review, the exports hit record highs at $6.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Refrigerator and Freezer in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turks and Caicos Islands | 4.0 | 0.1 | 11.1 | 901 | 508.4% |
| Cuba | 313 | 159 | 37.4 | 36.7 | -51.1% |
| Haiti | 6,049 | 71.0 | 124 | 26.7 | -83.6% |
| United States | 161 | 76.0 | 13.1 | 12.1 | -57.8% |
| Others | 111 | 22.6 | 8.6 | 21.9 | -41.8% |
| Total | 6,639 | 329 | 194 | 998 | -46.8% |
Top Export Markets for Refrigerator and Freezer from the Dominican Republic in 2022:
- Turks and Caicos Islands (6.3K units)
- Cuba (0.3K units)
- United States (0.1K units)
- Haiti (0.1K units)
This report provides an in-depth analysis of the refrigerator and freezer 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 27511110 - Combined refrigerators-freezers, with separate external doors
- Prodcom 27511133 - Household-type refrigerators (including compression-type, e lectrical absorption-type) (excluding built-in)
- Prodcom 27511135 - Compression-type built-in refrigerators
- Prodcom 27511150 - Chest freezers of a capacity . .800 litres
- Prodcom 27511170 - Upright freezers of a capacity . .900 litres
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
279
This report provides an in-depth analysis of the refrigerator and freezer market in the Dominican Republic.
207
This report provides an in-depth analysis of the refrigerating show-cases market in the Dominican Republic.
343
This report provides an in-depth analysis of the domestic appliances market in the Dominican Republic.
396
This report provides an in-depth analysis of the non-combined refrigerator-freezer market in the Dominican Republic.
232
This report provides an in-depth analysis of the heat pump market in the Dominican Republic.
325
This report provides an in-depth analysis of the refrigerator or freezer market in the Dominican Republic.
272
This report provides an in-depth analysis of the combined refrigerator-freezer market in the Dominican Republic.
268
This report provides an in-depth analysis of the commercial refrigeration equipment market in the Dominican Republic.
321
This report provides an in-depth analysis of the market for manganites, manganates, molybdates and tungstates in the Dominican Republic.
3301
This report provides an in-depth analysis of the global refrigerator and freezer market.
244
Explore the world's best import markets for refrigerators and freezers, backed by key statistics and data from the IndexBox market intelligence platform.
1229
The global refrigerator and freezer market revenue amounted to $72.8B in 2017, picking up by 19% against the previous year...
3264
In 2016, the amount of refrigerator imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
1063
In 2016, the amount of refrigerator imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
1884
Mexico edged ahead of China in the global refrigerator and freezer trade with $X in total sales. In 2014, these two countries were the main global suppliers of refrigerators and freezers with a combined share of X% of global exports. Mexico's mai
1208
In 2013, China (X million units) and the Republic of Korea (X million units) were the main exporters of combined refrigerators and freezers in the world, together comprising X% of global exports.
209
Discover the top import markets for refrigerating show-cases worldwide, including key statistics and import values for each country. Explore the growth potential of these markets and capitalize on the increasing demand for advanced refrigeration technologies.
239
Discover the world's top import markets for Non-Combined Refrigerator-Freezer based on import values in 2022. Gain insights into the key statistics and market dynamics using IndexBox market intelligence platform.
88
Explore the top import markets for heat pumps around the world in 2023 based on data from IndexBox. Discover key statistics and trends in the global heat pump market.
251
Explore the top import markets for combined refrigerator-freezers, including the United States, Japan, Germany, and more. Discover key statistics and insights from IndexBox platform.
