
Dominican Republic - Radiators for Central Heating (Not Electrically Heated) - Market Analysis, Forecast, Size, Trends and Insights
Dominican Republic: Radiator Market 2022
Radiator Market Size in the Dominican Republic
After two years of decline, the Dominican radiator market increased by X% to $X in 2021. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.
Radiator Production in the Dominican Republic
In value terms, radiator production expanded notably to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.
Radiator Exports
Exports from the Dominican Republic
In 2021, shipments abroad of radiators for central heating (not electrically heated) was finally on the rise to reach X kg after three years of decline. In general, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
In value terms, radiator exports surged to $X in 2021. Overall, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
The United States (X kg) was the main destination for radiator exports from the Dominican Republic, accounting for a approx. X% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to the United States amounted to -X%.
In value terms, the United States ($X) also remains the key foreign market for radiator exports from the Dominican Republic.
From 2012 to 2021, the average annual growth rate of value to the United States totaled -X%.
Export Prices by Country
The average radiator export price stood at $X per ton in 2021, with a decrease of -X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +X% per year.
Radiator Imports
Imports into the Dominican Republic
After two years of growth, supplies from abroad of radiators for central heating (not electrically heated) decreased by less than X% to X tons in 2021. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2020, and then reduced in the following year.
In value terms, radiator imports surged to $X in 2021. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the near future.
Imports by Country
In 2021, the United States (X tons) was the main supplier of radiator to the Dominican Republic, accounting for a X% share of total imports. Moreover, radiator imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X tons), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume from the United States stood at +X%.
In value terms, the United States ($X) constituted the largest supplier of radiator to the Dominican Republic, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +X%.
Import Prices by Country
The average radiator import price stood at $X per ton in 2021, rising by X% against the previous year. In general, the import price saw buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($X per ton), while the price for the United States totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the radiator 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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