Dominican Republic: Amplifier Market 2024

Amplifier Market Size in the Dominican Republic

The Dominican amplifier market contracted to $X in 2023, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a perceptible decline. Amplifier consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Amplifier Exports

Exports from the Dominican Republic

In 2023, approx. X units of amplifiers were exported from the Dominican Republic; rising by X% on 2022 figures. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, amplifier exports declined significantly to $X in 2023. Overall, exports, however, saw a perceptible slump. The pace of growth was the most pronounced in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for amplifier exports from the Dominican Republic, accounting for a X% share of total exports. Moreover, amplifier exports to the United States exceeded the volume sent to the second major destination, Spain (X units), more than tenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States amounted to X%.

In value terms, the United States ($X) remains the key foreign market for amplifiers exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to the United States stood at X%.

Export Prices by Country

The average amplifier export price stood at $X per unit in 2023, which is down by X% against the previous year. Overall, the export price continues to indicate a sharp decrease. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2017; however, from 2018 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Spain totaled $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Amplifier Imports

Imports into the Dominican Republic

In 2023, approx. X units of amplifiers were imported into the Dominican Republic; waning by X% on the previous year. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, amplifier imports amounted to $X in 2023. In general, total imports indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, China (X units) was the main supplier of amplifier to the Dominican Republic, with a X% share of total imports. Moreover, amplifier imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. Mexico (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Mexico (X% per year).

In value terms, China ($X) constituted the largest supplier of amplifiers to the Dominican Republic, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2023, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Brazil (X% per year).

Import Prices by Country

In 2023, the average amplifier import price amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price saw a remarkable increase. The growth pace was the most rapid in 2022 an increase of X% against the previous year. The import price peaked in 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform