Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Dominican Republic - 2023
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Dominican Republic (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Dominican Republic (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Dominican Republic
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Dominican Republic
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Dominican Republic (CIF) - 2022
The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at less than $0.1 per unit in 2022, surging by 28% against the previous year. Overall, the import price, however, showed a drastic downturn. The pace of growth was the most pronounced in 2018 an increase of 67%. Over the period under review, average import prices reached the peak figure at $0.1 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 ($0.1 per unit), while the price for China (less than $0.1 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 (-3.2%), while the prices for the other major suppliers experienced a decline.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Dominican Republic (FOB) - 2022
The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.3 per unit in 2022, increasing by 27% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. The pace of growth was the most pronounced in 2019 an increase of 32%. As a result, the export price reached the peak level of $0.3 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($0.3 per unit), while the average price for exports to Haiti (less than $0.1 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 Canada (+9.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Dominican Republic
In 2022, after three years of growth, there was significant decline in purchases abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment, when their volume decreased by -5.5% to 2B units. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 87%. As a result, imports reached the peak of 2.1B units, and then dropped in the following year.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment surged to $101M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 61.9 | 56.2 | 56.5 | 65.5 | 1.9% |
| China | 13.6 | 11.9 | 16.2 | 21.9 | 17.2% |
| Mexico | 3.4 | 2.6 | 4.1 | 4.3 | 8.1% |
| Spain | 3.3 | 1.6 | 0.9 | 2.4 | -10.1% |
| Others | 6.0 | 4.6 | 5.5 | 6.8 | 4.3% |
| Total | 88.2 | 77.1 | 83.2 | 101 | 4.6% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to the Dominican Republic in 2022:
- United States (900.6M units)
- China (880.4M units)
- Mexico (71.4M units)
- Spain (59.8M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Dominican Republic
In 2022, after two years of decline, there was significant growth in overseas shipments of electrical circuit prefabricated elements, connectors, contact elements and other equipment, when their volume increased by 5.3% to 86M units. Overall, exports, however, faced a abrupt decrease. Over the period under review, the exports of reached the peak figure at 126M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment surged to $23M in 2022. In general, exports, however, faced a abrupt contraction. Over the period under review, the exports of hit record highs at $37M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 36.8 | 23.3 | 16.4 | 21.1 | -16.9% |
| Canada | N/A | N/A | N/A | 0.8 | 0% |
| Honduras | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Haiti | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Antigua and Barbuda | 0.2 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.2 | 0.2 | 0.5 | 35.7% |
| Total | 37.2 | 23.5 | 16.9 | 22.7 | -15.2% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from the Dominican Republic in 2022:
- United States (66.6M units)
- Haiti (7.6M units)
- Canada (3.9M units)
- Honduras (2.8M units)
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