Report Dominican Republic - Iron or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Sep 1, 2023

Dominican Republic - Iron or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Metal Gas Appliances Market 2023

Metal Gas Appliances Market Size in the Dominican Republic

The Dominican metal gas appliances market was estimated at $X in 2022, stabilizing at the previous year. Overall, consumption showed a pronounced decline. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Metal Gas Appliances Production in the Dominican Republic

In value terms, metal gas appliances production totaled $X in 2022 estimated in export price. Overall, production recorded a perceptible decrease. The pace of growth was the most pronounced in 2018 when the production volume increased by 44% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Metal Gas Appliances Exports

Exports from the Dominican Republic

Metal gas appliances exports from the Dominican Republic dropped significantly to X units in 2022, with a decrease of -37.1% against the previous year. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2015 with an increase of 1,300% against the previous year. The exports peaked at X units in 2021, and then declined sharply in the following year.

In value terms, metal gas appliances exports shrank rapidly to $X in 2022. Overall, exports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2015 with an increase of 1,335%. The exports peaked at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

Haiti (X units) was the main destination for metal gas appliances exports from the Dominican Republic, with a 86% share of total exports. Moreover, metal gas appliances exports to Haiti exceeded the volume sent to the second major destination, Cuba (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Haiti totaled +27.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (+43.9% per year) and Venezuela (+224.0% per year).

In value terms, Haiti ($X) remains the key foreign market for iron or steel gas domestic appliances exports from the Dominican Republic, comprising 87% of total exports. The second position in the ranking was taken by Venezuela ($X), with a 6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Haiti totaled +11.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Venezuela (+294.3% per year) and Cuba (+37.0% per year).

Export Prices by Country

In 2022, the average metal gas appliances export price amounted to $X per unit, falling by -11.4% against the previous year. Over the period under review, the export price saw a deep slump. The pace of growth was the most pronounced in 2019 when the average export price increased by 238%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($X per unit), while the average price for exports to Cuba ($X 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 (+21.7%), while the prices for the other major destinations experienced a decline.

Metal Gas Appliances Imports

Imports into the Dominican Republic

After three years of growth, supplies from abroad of iron or steel gas domestic appliances decreased by -5% to X units in 2022. Over the period under review, imports, however, recorded tangible growth. The most prominent rate of growth was recorded in 2019 when imports increased by 148% against the previous year. Over the period under review, imports attained the maximum at X units in 2021, and then dropped slightly in the following year.

In value terms, metal gas appliances imports totaled $X in 2022. In general, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2019 when imports increased by 235% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X units), the United States (X units) and Turkey (X units) were the main suppliers of metal gas appliances imports to the Dominican Republic, with a combined 94% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +97.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal gas appliances suppliers to the Dominican Republic were the United States ($X), China ($X) and Turkey ($X), with a combined 94% share of total imports.

Turkey, with a CAGR of +115.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal gas appliances import price stood at $X per unit in 2022, with an increase of 6.1% against the previous year. Overall, the import price continues to indicate moderate growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 39%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a 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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel gas domestic appliances in the world?
+
The countries with the highest volumes of consumption in 2022 were the United States, China and India, with a combined 37% share of global consumption. Japan, Germany, Brazil, Mexico, Thailand, Bangladesh, the UK, Canada, France and the Czech Republic lagged somewhat behind, together accounting for a further 30%.
What are the largest producers of iron or steel gas domestic appliances in the world?
+
The country with the largest volume of metal gas appliances production was China, accounting for 33% of total volume. Moreover, metal gas appliances production in China exceeded the figures recorded by the second-largest producer, India, threefold. Japan ranked third in terms of total production with a 5.4% share.
What are the leading suppliers of iron or steel gas domestic appliances to the Dominican Republic?
+
In value terms, the largest metal gas appliances suppliers to the Dominican Republic were the United States, China and Turkey, together accounting for 94% of total imports.
What are the leading importers of iron or steel gas domestic appliances from the Dominican Republic?
+
In value terms, Haiti remains the key foreign market for iron or steel gas domestic appliances exports from the Dominican Republic, comprising 87% of total exports. The second position in the ranking was taken by Venezuela, with a 6% share of total exports.
What is the average export price for iron or steel gas domestic appliances in the Dominican Republic?
+
In 2022, the average metal gas appliances export price amounted to $82 per unit, with a decrease of -11.4% against the previous year.
What is the average import price for iron or steel gas domestic appliances in the Dominican Republic?
+
In 2022, the average metal gas appliances import price amounted to $361 per unit, picking up by 6.1% against the previous year.

This report provides an in-depth analysis of the metal gas appliances 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 27521234 - Iron or steel gas domestic appliances, including heaters, g rates, fires and braziers, for both gas and other fuels radiators (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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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