Dominican Republic - Iron Or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Gas Appliances Price in the Dominican Republic - 2023
Contents:
- Metal Gas Appliances Price in the Dominican Republic (CIF) - 2022
- Metal Gas Appliances Price in the Dominican Republic (FOB) - 2022
- Metal Gas Appliances Imports in the Dominican Republic
- Metal Gas Appliances Exports in the Dominican Republic
Metal Gas Appliances Price in the Dominican Republic (CIF) - 2022
The average metal gas appliances import price stood at $129 per unit in 2022, with a decrease of -69% against the previous year. In general, the import price, however, saw a significant expansion. The pace of growth was the most pronounced in 2019 an increase of 13,411% against the previous year. As a result, import price reached the peak level of $882 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($521 per unit), while the price for China ($274 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.
Metal Gas Appliances Price in the Dominican Republic (FOB) - 2022
In 2022, the average metal gas appliances export price amounted to $21 per unit, increasing by 11% against the previous year. Overall, the export price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2016 an increase of 2,754%. The export price peaked at $337 per unit in 2019; however, from 2020 to 2022, the 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 ($88 per unit), while the average price for exports to Cuba ($67 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 in the Dominican Republic
Metal gas appliances imports into the Dominican Republic skyrocketed to 11K units in 2022, with an increase of 225% compared with the previous year's figure. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, metal gas appliances imports amounted to $1.4M in 2022. In general, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 64% against the previous year. Imports peaked at $2.6M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Metal Gas Appliances in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,980 | 291 | 558 | 634 | -31.6% |
China | 322 | 479 | 715 | 619 | 24.3% |
Turkey | 19.2 | N/A | N/A | 47.8 | 35.5% |
Italy | 34.3 | 18.1 | 8.2 | 25.5 | -9.4% |
Others | 212 | 47.2 | 88.2 | 53.6 | -36.8% |
Total | 2,567 | 835 | 1,369 | 1,380 | -18.7% |
Top Suppliers of Metal Gas Appliances to the Dominican Republic in 2022:
- China (2.3K units)
- United States (1.2K units)
- Turkey (0.1K units)
- Italy (0.1K units)
Metal Gas Appliances Exports in the Dominican Republic
In 2022, after three years of growth, there was significant decline in overseas shipments of iron or steel gas domestic appliances, when their volume decreased by -49.6% to 2.3K units. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 586% against the previous year. As a result, the exports attained the peak of 4.7K units, and then fell sharply in the following year.
In value terms, metal gas appliances exports dropped markedly to $50K in 2022. Over the period under review, exports saw a slight setback. The most prominent rate of growth was recorded in 2021 when exports increased by 1,097%. As a result, the exports reached the peak of $89K, and then shrank notably in the following year.
Export of Metal Gas Appliances in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | 1.0 | 3.9 | 71.9 | 43.2 | 250.9% |
Venezuela | N/A | 0.2 | 0.2 | 3.0 | 287.3% |
Cuba | 8.9 | 2.9 | N/A | 2.6 | -33.6% |
United States | 0.2 | 0.5 | 16.0 | 0.5 | 35.7% |
Turks and Caicos Islands | N/A | N/A | 0.9 | N/A | 0% |
Others | 41.0 | N/A | 0.2 | 0.4 | -78.6% |
Total | 51.2 | 7.5 | 89.2 | 49.7 | -1.0% |
Top Export Markets for Metal Gas Appliances from the Dominican Republic in 2022:
- Haiti (522.0 units)
- Cuba (38.0 units)
- Venezuela (34.0 units)
- United States (5.0 units)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, the global home appliance imports stood at X tons, coming up by X% against the previous year level. In general, home appliance imports continue to indicate a relatively flat trend patter...
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