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Dominican Republic - Multiple Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultiple Loudspeakers Price in the Dominican Republic - 2023
Contents:
- Multiple Loudspeakers Price in the Dominican Republic (CIF) - 2022
- Multiple Loudspeakers Price in the Dominican Republic (FOB) - 2022
- Multiple Loudspeakers Imports in the Dominican Republic
- Multiple Loudspeakers Exports in the Dominican Republic
Multiple Loudspeakers Price in the Dominican Republic (CIF) - 2022
The average multiple loudspeakers import price stood at $41 per unit in 2022, increasing by 79% against the previous year. In general, the import price, however, continues to indicate a abrupt downturn. The import price peaked at $158 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($197 per unit), while the price for China ($19 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Multiple Loudspeakers Price in the Dominican Republic (FOB) - 2022
In 2022, the average multiple loudspeakers export price amounted to $99 per unit, falling by -31.7% against the previous year. Over the period under review, the export price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 41%. The export price peaked at $291 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($384 per unit), while the average price for exports to Turks and Caicos Islands ($17 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+18.6%), while the prices for the other major destinations experienced a decline.
Multiple Loudspeakers Imports in the Dominican Republic
In 2022, after three years of growth, there was significant decline in supplies from abroad of multiple loudspeakers (in enclosure), when their volume decreased by -29.7% to 26K units. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 116% against the previous year. As a result, imports reached the peak of 38K units, and then declined notably in the following year.
In value terms, multiple loudspeakers imports surged to $1.1M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Multiple Loudspeakers in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 425 | 194 | 50.9 | 497 | 5.4% |
China | 359 | 440 | 713 | 312 | -4.6% |
France | N/A | 0.1 | N/A | 222 | 4611.7% |
United States | 60.8 | 232 | 79.7 | 34.5 | -17.2% |
Others | 39.3 | 5.0 | 12.8 | 13.1 | -30.7% |
Total | 884 | 871 | 856 | 1,078 | 6.8% |
Top Suppliers of Multiple Loudspeakers to the Dominican Republic in 2022:
- China (16.4K units)
- Spain (6.3K units)
- France (3.5K units)
- United States (0.2K units)
Multiple Loudspeakers Exports in the Dominican Republic
After three years of growth, shipments abroad of multiple loudspeakers (in enclosure) decreased by -76.6% to 11 units in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 236% against the previous year. As a result, the exports attained the peak of 47 units, and then dropped sharply in the following year.
In value terms, multiple loudspeakers exports dropped markedly to $1.1K in 2022. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 276% against the previous year. As a result, the exports attained the peak of $6.8K, and then shrank sharply in the following year.
Export of Multiple Loudspeakers in the Dominican Republic (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | N/A | 1,000 | 373 | 767 | -12.4% |
United States | 965 | 692 | 291 | 209 | -39.9% |
British Virgin Islands | N/A | N/A | N/A | 80.0 | 0% |
Turks and Caicos Islands | N/A | N/A | N/A | 34.0 | 0% |
France | 250 | N/A | 100 | N/A | -36.8% |
Cuba | 80.0 | N/A | 6,050 | N/A | 769.6% |
Curacao | 90.0 | N/A | N/A | N/A | 0% |
Netherlands | N/A | 120 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1,385 | 1,812 | 6,814 | 1,090 | -7.7% |
Top Export Markets for Multiple Loudspeakers from the Dominican Republic in 2022:
- British Virgin Islands (4.0 units)
- United States (3.0 units)
- Turks and Caicos Islands (2.0 units)
- Haiti (2.0 units)
This report provides an in-depth analysis of the multiple loudspeakers 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 26404237 - Multiple loudspeakers mounted in the same enclosure (including frames or cabinets mainly designed for mounting loudspeakers)
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
-
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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