Price for Electrical Fuses for Under 1000 V in the Dominican Republic - 2023
Contents:
- Price for Electrical Fuses for Under 1000 V in the Dominican Republic (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in the Dominican Republic (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in the Dominican Republic
- Exports of Electrical Fuses for Under 1000 V in the Dominican Republic
Price for Electrical Fuses for Under 1000 V in the Dominican Republic (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $26 per thousand units in 2022, dropping by -15.5% against the previous year. In general, the import price showed a abrupt setback. The growth pace was the most rapid in 2020 an increase of 15% against the previous year. Over the period under review, average import prices reached the maximum at $68 per thousand units in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($73 per thousand units), while the price for Mexico ($16 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.7%), while the prices for the other major suppliers experienced a decline.
Price for Electrical Fuses for Under 1000 V in the Dominican Republic (FOB) - 2022
In 2022, the average export price for electrical fuses for under 1000 v amounted to less than $0.1 per unit, falling by -59.4% against the previous year. Overall, the export price, however, saw a temperate increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 163%. As a result, the export price reached the peak level of $0.2 per unit. From 2021 to 2022, 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 the United States ($0.8 per unit), while the average price for exports to Bahamas (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 Antigua and Barbuda (+687.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in the Dominican Republic
In 2022, imports of electrical fuses for under 1000 v into the Dominican Republic surged to 169M units, increasing by 27% against the previous year. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electrical fuses for under 1000 v expanded rapidly to $4.5M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Electrical Fuses for Under 1000 V in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,151 | 1,258 | 1,248 | 2,134 | 22.8% |
| United States | 1,176 | 1,018 | 937 | 1,030 | -4.3% |
| South Korea | 241 | 115 | 243 | 396 | 18.0% |
| Japan | 253 | 375 | 825 | 180 | -10.7% |
| Spain | 87.6 | 301 | 404 | 128 | 13.5% |
| Mexico | 66.4 | 53.5 | 77.3 | 74.4 | 3.9% |
| Others | 569 | 345 | 445 | 532 | -2.2% |
| Total | 3,545 | 3,466 | 4,181 | 4,474 | 8.1% |
Top Suppliers of Electrical Fuses for Under 1000 V to the Dominican Republic in 2022:
- China (116.8M units)
- United States (22.9M units)
- South Korea (9.5M units)
- Japan (6.8M units)
- Mexico (4.5M units)
- Spain (1.7M units)
Exports of Electrical Fuses for Under 1000 V in the Dominican Republic
In 2022, exports of electrical fuses for under 1000 v from the Dominican Republic soared to 2M units, with an increase of 24% against the previous year's figure. In general, exports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 144%. The exports peaked at 3.7M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electrical fuses for under 1000 v shrank rapidly to $92K in 2022. Overall, exports, however, continue to indicate a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 18%. Over the period under review, the exports of hit record highs at $327K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electrical Fuses for Under 1000 V in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 316 | 146 | 114 | 45.6 | -47.5% |
| France | N/A | N/A | N/A | 40.0 | 0% |
| Turks and Caicos Islands | N/A | N/A | N/A | 3.6 | 0% |
| Haiti | 1.4 | 3.4 | 1.2 | 3.1 | 30.3% |
| Bahamas | N/A | N/A | N/A | 0.1 | 0% |
| Antigua and Barbuda | 8.5 | 0.3 | N/A | N/A | -96.5% |
| Panama | N/A | 4.9 | 30.9 | N/A | 530.6% |
| Egypt | N/A | N/A | 0.1 | N/A | 0% |
| Italy | N/A | N/A | 38.0 | N/A | 0% |
| Others | 1.1 | 2.0 | N/A | N/A | 81.8% |
| Total | 327 | 156 | 184 | 92.3 | -34.4% |
Top Export Markets for Electrical Fuses for Under 1000 V from the Dominican Republic in 2022:
- France (1817.1K units)
- Haiti (70.6K units)
- United States (60.5K units)
- Turks and Caicos Islands (34.1K units)
- Bahamas (32.2K units)
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