Price for Electrical Fuses for over 1000 V in the Dominican Republic - 2023

Contents:

  1. Price for Electrical Fuses for over 1000 V in the Dominican Republic (FOB) - 2022
  2. Price for Electrical Fuses for over 1000 V in the Dominican Republic (CIF) - 2022
  3. Exports of Electrical Fuses for over 1000 V in the Dominican Republic
  4. Imports of Electrical Fuses for over 1000 V in the Dominican Republic

Price for Electrical Fuses for over 1000 V in the Dominican Republic (FOB) - 2022

The average export price for electrical fuses for over 1000 v stood at $4 per unit in 2022, falling by -6.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by 75%. As a result, the export price reached the peak level of $32 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($4.5 per unit), while the average price for exports to Australia ($4 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 (-13.4%), while the prices for the other major destinations experienced a decline.

Price for Electrical Fuses for over 1000 V in the Dominican Republic (CIF) - 2022

In 2022, the average import price for electrical fuses for over 1000 v amounted to $1.6 per unit, with an increase of 8.1% against the previous year. Overall, the import price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2019 an increase of 55%. Over the period under review, average import prices reached the maximum at $2.6 per unit in 2012; however, from 2013 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 Colombia ($6.1 per unit), while the price for China ($0.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+7.0%), while the prices for the other major suppliers experienced a decline.

Exports of Electrical Fuses for over 1000 V in the Dominican Republic

After two years of decline, overseas shipments of electrical fuses for over 1000 v increased by 16% to 2.9M units in 2022. Over the period under review, exports, however, saw a abrupt decrease. Over the period under review, the exports of hit record highs at 3.6M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of electrical fuses for over 1000 v rose rapidly to $12M in 2022. In general, exports, however, saw a abrupt decline. Over the period under review, the exports of attained the peak figure at $16M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Electrical Fuses for over 1000 V in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14.013.410.211.1-7.4%
Canada0.20.30.20.20.0%
Australia0.90.7N/AN/A-22.2%
Others0.70.50.30.2-34.1%
Total15.814.910.611.5-10.0%

Top Export Markets for Electrical Fuses for over 1000 V from the Dominican Republic in 2022:

  1. United States (2781.0K units)
  2. Canada (38.7K units)
  3. Australia (0.3K units)

Imports of Electrical Fuses for over 1000 V in the Dominican Republic

In 2022, approx. 813K units of electrical fuses for over 1000 v were imported into the Dominican Republic; growing by 18% on 2021. Over the period under review, imports, however, saw a mild setback. The pace of growth appeared the most rapid in 2021 when imports increased by 31% against the previous year. Over the period under review, imports of attained the maximum at 848K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of electrical fuses for over 1000 v surged to $1.3M in 2022. Overall, imports, however, showed a abrupt descent. Imports peaked at $1.9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Electrical Fuses for over 1000 V in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,151666417803-11.3%
Spain10.215.050.7196167.8%
China91.457.824317323.7%
Colombia3012.657.947.1-46.1%
Indonesia10.754.518723.329.6%
Mexico9.510.342.422.232.7%
Brazil16130.05.013.5-56.2%
Others11920.836.045.9-27.2%
Total1,8548571,0381,324-10.6%

Top Suppliers of Electrical Fuses for over 1000 V to the Dominican Republic in 2022:

  1. United States (440.9K units)
  2. China (231.4K units)
  3. Spain (91.5K units)
  4. Mexico (10.7K units)
  5. Brazil (10.6K units)
  6. Colombia (7.7K units)
  7. Indonesia (5.1K units)

Source: IndexBox Market Intelligence Platform

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