Dominican Republic: Telephonic Switching Apparatus Market 2024

Telephonic Switching Apparatus Market Size in the Dominican Republic

The Dominican telephonic switching apparatus market fell rapidly to $X in 2022, declining by 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). Overall, consumption, however, saw a prominent increase. Telephonic switching apparatus consumption peaked at $X in 2021, and then fell rapidly in the following year.

Telephonic Switching Apparatus Exports

Exports from the Dominican Republic

Telephonic switching apparatus exports from the Dominican Republic declined notably to X units in 2022, dropping by X% on the previous year. Over the period under review, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, telephonic switching apparatus exports shrank remarkably to $X in 2022. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for telephonic switching apparatus exports from the Dominican Republic, with a X% share of total exports. Moreover, telephonic switching apparatus exports to the United States exceeded the volume sent to the second major destination, Malaysia (X units), fourfold. Haiti (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Haiti (X% per year).

In value terms, the United States ($X) remains the key foreign market for telephonic or telegraphic switching apparatus exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by Haiti ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (X% per year) and Malaysia (X% per year).

Export Prices by Country

The average telephonic switching apparatus export price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat 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 the United States ($X per unit), while the average price for exports to Malaysia ($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 the United States (X%), while the prices for the other major destinations experienced a decline.

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Telephonic Switching Apparatus Imports

Imports into the Dominican Republic

In 2022, supplies from abroad of telephonic or telegraphic switching apparatus decreased by X% to X units for the first time since 2011, thus ending a ten-year rising trend. In general, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X units in 2021, and then fell remarkably in the following year.

In value terms, telephonic switching apparatus imports declined significantly to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main telephonic switching apparatus supplier to the Dominican Republic, with a X% share of total imports. It was followed by the United States (X units), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of telephonic or telegraphic switching apparatus to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled X%.

Import Prices by Country

The average telephonic switching apparatus import price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price, however, showed a abrupt descent. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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