Price for Automatic Circuit Breakers for Under 1000 V in the Dominican Republic - 2023
Contents:
- Price for Automatic Circuit Breakers for Under 1000 V in the Dominican Republic (FOB) - 2023
- Price for Automatic Circuit Breakers for Under 1000 V in the Dominican Republic (CIF) - 2022
- Exports of Automatic Circuit Breakers for Under 1000 V in the Dominican Republic
- Imports of Automatic Circuit Breakers for Under 1000 V in the Dominican Republic
Price for Automatic Circuit Breakers for Under 1000 V in the Dominican Republic (FOB) - 2023
The average export price for automatic circuit breakers for under 1000 v stood at $42.8 per unit in March 2023, surging by 2.9% against the previous month. Over the period from March 2022 to March 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 16% m-o-m. As a result, the export price attained the peak level of $44.1 per unit. From February 2023 to March 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From March 2022 to March 2023, the rate of growth in terms of prices for the United States amounted to +1.3% per month.
Price for Automatic Circuit Breakers for Under 1000 V in the Dominican Republic (CIF) - 2022
In 2022, the average import price for automatic circuit breakers for under 1000 v amounted to $5.7 per unit, shrinking by -36.6% against the previous year. In general, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 315% against the previous year. As a result, import price reached the peak level of $18 per unit. From 2018 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($30 per unit), while the price for Hong Kong SAR ($5.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Automatic Circuit Breakers for Under 1000 V in the Dominican Republic
In 2022, exports of automatic circuit breakers for under 1000 v from the Dominican Republic shrank to 57M units, dropping by -1.8% against 2021 figures. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 13% against the previous year. As a result, the exports attained the peak of 58M units, and then declined in the following year.
In value terms, exports of automatic circuit breakers for under 1000 v rose markedly to $786M in 2022. The total export value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Automatic Circuit Breakers for Under 1000 V in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 690 | 726 | 731 | 779 | 4.1% |
Others | 9.6 | 5.8 | 6.4 | 7.0 | -10.0% |
Total | 699 | 732 | 737 | 786 | 4.0% |
Top Export Markets for Automatic Circuit Breakers for Under 1000 V from the Dominican Republic in 2022:
- United States (55.9M units)
Imports of Automatic Circuit Breakers for Under 1000 V in the Dominican Republic
In 2022, approx. 998K units of automatic circuit breakers for under 1000 v were imported into the Dominican Republic; growing by 47% against the year before. Overall, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of automatic circuit breakers for under 1000 v fell to $5.7M in 2022. Over the period under review, imports, however, continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2020 when imports increased by 16%. As a result, imports attained the peak of $7.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Automatic Circuit Breakers for Under 1000 V in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,796 | 4,324 | 3,150 | 1,880 | -12.4% |
United States | 1,209 | 1,005 | 976 | 852 | -11.0% |
Mexico | 389 | 415 | 457 | 765 | 25.3% |
Brazil | 374 | 356 | 348 | 432 | 4.9% |
Italy | 161 | 77.7 | 161 | 398 | 35.2% |
Hong Kong SAR | N/A | 354 | 196 | 362 | 1.1% |
France | 375 | 233 | 155 | 307 | -6.5% |
South Korea | 99.9 | 64.8 | 95.7 | 127 | 8.3% |
Others | 879 | 484 | 561 | 560 | -14.0% |
Total | 6,283 | 7,312 | 6,099 | 5,683 | -3.3% |
Top Suppliers of Automatic Circuit Breakers for Under 1000 V to the Dominican Republic in 2022:
- China (249.9K units)
- United States (141.9K units)
- Mexico (114.0K units)
- Hong Kong SAR (68.6K units)
- Brazil (40.9K units)
- Italy (19.6K units)
- South Korea (12.8K units)
- France (10.3K units)
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