Report Dominican Republic - Radio Receivers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 24, 2022

Dominican Republic - Radio Receivers - Market Analysis, Forecast, Size, Trends and Insights
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Dominican Republic: Radio Receiver Market 2022

Radio Receiver Market Size in the Dominican Republic

In 2021, the Dominican radio receiver market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Radio Receiver Production in the Dominican Republic

In value terms, radio receiver production soared to $X in 2021 estimated in export price. Over the period under review, production showed a slight descent. The growth pace was the most rapid in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Radio Receiver Exports

Exports from the Dominican Republic

In 2021, overseas shipments of radio receivers were finally on the rise to reach X units after two years of decline. In general, exports enjoyed a measured increase. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, radio receiver exports fell sharply to $X in 2021. Overall, exports recorded a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then contracted notably in the following year.

Exports by Country

Cuba (X units), Guatemala (X units) and the United States (X units) were the main destinations of radio receiver exports from the Dominican Republic, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Cuba (with a CAGR of +X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) remains the key foreign market for radio receiver exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was occupied by Cuba ($X), with a X% share of total exports. It was followed by Venezuela, with an X% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (+X% per year) and Venezuela (-X% per year).

Export Prices by Country

The average radio receiver export price stood at $X per unit in 2021, which is down by -X% against the previous year. In general, the export price showed a abrupt slump. The growth pace was the most rapid in 2020 an increase of X%. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Guatemala ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+X%), while the prices for the other major destinations experienced a decline.

Radio Receiver Imports

Imports into the Dominican Republic

In 2021, supplies from abroad of radio receivers decreased by -X% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X units in 2020, and then fell markedly in the following year.

In value terms, radio receiver imports declined remarkably to $X in 2021. In general, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2020, and then reduced dramatically in the following year.

Imports by Country

In 2021, China (X units) constituted the largest supplier of radio receiver to the Dominican Republic, with a X% share of total imports. Moreover, radio receiver imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), more than tenfold. The third position in this ranking was occupied by the United States (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-X% per year) and the United States (-X% per year).

In value terms, China ($X) constituted the largest supplier of radio receiver to the Dominican Republic, comprising X% of total imports. The second position in the ranking was occupied by the United States ($X), with an X% share of total imports. It was followed by Mexico, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +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).

Import Prices by Country

The average radio receiver import price stood at $X per unit in 2021, declining by -X% against the previous year. Over the period under review, the import price, however, recorded a pronounced increase. The pace of growth appeared the most rapid in 2018 an increase of X%. The import price peaked at $X per unit in 2020, and then shrank significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Mexico ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for radio receivers in the world?
+
The country with the largest volume of radio receiver consumption was China, accounting for 49% of total volume. Moreover, radio receiver consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sixfold. The third position in this ranking was occupied by South Africa, with a 6.8% share.
What are the largest producers of radio receivers in the world?
+
China remains the largest radio receiver producing country worldwide, comprising approx. 80% of total volume. It was followed by Indonesia, with a 2.5% share of total production.
What are the leading suppliers of radio receivers to the Dominican Republic?
+
In value terms, China constituted the largest supplier of radio receiver to the Dominican Republic, comprising 69% of total imports. The second position in the ranking was occupied by the United States, with an 11% share of total imports. It was followed by Mexico, with an 8% share.
What are the leading importers of radio receivers from the Dominican Republic?
+
In value terms, the United States remains the key foreign market for radio receiver exports from the Dominican Republic, comprising 57% of total exports. The second position in the ranking was occupied by Cuba, with a 15% share of total exports. It was followed by Venezuela, with an 11% share.
What is the average export price for radio receivers in the Dominican Republic?
+
The average radio receiver export price stood at $18 per unit in 2021, with a decrease of -81% against the previous year.
What is the average import price for radio receivers in the Dominican Republic?
+
The average radio receiver import price stood at $42 per unit in 2021, waning by -30% against the previous year.

This report provides an in-depth analysis of the radio receiver 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 26401100 - Radio broadcast receivers (except for cars), capable of operating without an external source of power
• Prodcom 26401270 - Radio receivers for motor vehicles with sound recording or reproducing apparatus
• Prodcom 26401290 - Radio receivers for motor vehicles, n.e.c.
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
GLOSSARY AND SPECIFIC TERMS
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 PRODUCTS

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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