Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in the Dominican Republic - 2023

Contents:

1. Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in the Dominican Republic (CIF) - 2022
2. Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in the Dominican Republic (FOB) - 2022
3. Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in the Dominican Republic
4. Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in the Dominican Republic

Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in the Dominican Republic (CIF) - 2022

In 2022, the average import price for central heating boilers; excluding those of heading no. 8402s amounted to $677 per unit, shrinking by -17.7% against the previous year. Over the period under review, the import price saw a abrupt contraction. The growth pace was the most rapid in 2015 when the average import price increased by 87%. As a result, import price reached the peak level of $5.2 thousand per unit. From 2016 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Colombia ($677 per unit) and Italy ($675 per unit), while the price for China ($673 per unit) and the United States ($673 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-10.9%), while the prices for the other major suppliers experienced a decline.

Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in the Dominican Republic (FOB) - 2022

The average export price for central heating boilers; excluding those of heading no. 8402s stood at $254 per unit in 2021, surging by 24% against the previous year. In general, the export price posted a remarkable increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 140% against the previous year. As a result, the export price reached the peak level of $479 per unit. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($448 per unit), while the average price for exports to the United States amounted to $232 per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+54.4%).

Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in the Dominican Republic

In 2022, approx. 2.9K units of central heating boilers; excluding those of heading no. 8402s were imported into the Dominican Republic; rising by 438% on the year before. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of central heating boilers; excluding those of heading no. 8402s soared to $2M in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Central Heating Boilers; Excluding Those of Heading No. 8402 to the Dominican Republic in 2022:

1. United States (2397.0 units)
2. Spain (237.0 units)
3. Italy (129.0 units)
4. China (68.0 units)
5. Colombia (57.0 units)

Exports of Central Heating Boilers; Excluding Those of Heading No. 8402 in the Dominican Republic

For the third consecutive year, the Dominican Republic recorded growth in shipments abroad of central heating boilers; excluding those of heading no. 8402s, which increased by 353% to 68 units in 2021. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of central heating boilers; excluding those of heading no. 8402s soared to $17K in 2021. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Central Heating Boilers; Excluding Those of Heading No. 8402 from the Dominican Republic in 2022:

1. United States (59.0 units)
2. Haiti (8.0 units)

Source: IndexBox Market Intelligence Platform