Dominican Republic - Telephones And Videophones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTelephone Price in the Dominican Republic - 2023
Contents:
- Telephone Price in the Dominican Republic (FOB) - 2022
- Telephone Price in the Dominican Republic (CIF) - 2023
- Telephone Exports in the Dominican Republic
- Telephone Imports in the Dominican Republic
Telephone Price in the Dominican Republic (FOB) - 2022
In 2022, the average telephone export price amounted to $70 per unit, jumping by 33% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 87% against the previous year. The export price peaked at $117 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($106 per unit), while the average price for exports to the United States amounted to $31 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+33.6%), while the prices for the other major destinations experienced a decline.
Telephone Price in the Dominican Republic (CIF) - 2023
The average telephone import price stood at $25.3 per unit in March 2023, growing by 212% against the previous month. Over the period under review, the import price posted a buoyant increase. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 709% month-to-month. As a result, import price reached the peak level of $52.4 per unit. From December 2022 to March 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In March 2023, the country with the highest price was China ($21.9 per unit), while the price for the United States stood at $16.6 per unit.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by China (+7.9%).
Telephone Exports in the Dominican Republic
In 2022, shipments abroad of telephones and videophones decreased by -99.3% to 3.9K units, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 11%. As a result, the exports reached the peak of 836K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, telephone exports dropped dramatically to $272K in 2022. Overall, exports showed a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 38%. As a result, the exports attained the peak of $59M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Telephone in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 8.8 | 13.3 | 7.9 | 0.2 | -71.7% |
United States | 31.2 | 43.6 | 20.3 | 0.1 | -85.3% |
United Arab Emirates | 2.0 | 2.2 | 0.2 | N/A | -68.4% |
Others | 0.9 | 0.2 | 1.2 | N/A | 15.5% |
Total | 42.9 | 59.3 | 29.6 | 0.3 | -80.9% |
Top Export Markets for Telephone from the Dominican Republic in 2022:
- Hong Kong SAR (2.0K units)
- United States (1.8K units)
Telephone Imports in the Dominican Republic
In 2022, overseas purchases of telephones and videophones decreased by -42.8% to 65K units, falling for the second consecutive year after two years of growth. Overall, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 4%. As a result, imports attained the peak of 179K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, telephone imports contracted dramatically to $2.3M in 2022. In general, imports faced a dramatic descent. The smallest decline of -7.9% was in 2020. Imports peaked at $9.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Telephone in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.9 | 4.8 | 3.2 | 1.9 | -31.5% |
United States | 3.2 | 3.3 | 1.0 | 0.3 | -54.6% |
Malaysia | N/A | N/A | N/A | 0.1 | 0% |
Hong Kong SAR | 0.1 | 0.1 | N/A | N/A | 0.0% |
Others | 0.5 | 0.7 | 0.2 | N/A | -36.8% |
Total | 9.7 | 8.9 | 4.4 | 2.3 | -38.1% |
Top Suppliers of Telephone to the Dominican Republic in 2022:
- China (57.5K units)
- United States (5.2K units)
- Malaysia (2.1K units)
This report provides an in-depth analysis of the telephone market in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26302100 - Line telephone sets with cordless handsets
- Prodcom 26302330 - Telephone sets (excluding line telephone sets with cordless handsets and telephones for cellular networks or for other wireless networks), videophones
Country coverage:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, approx. X tons of telephone were imported worldwide- picking up by X% against the previous year figure. Overall, telephone imports continue to indicate a strong growth. The pace of grow...
In 2016, approx. X tons of telephone were imported worldwide- picking up by X% against the previous year figure. Overall, telephone imports continue to indicate a strong growth. The pace of grow...
Explore the top import markets for telephone apparatus and their key statistics. Learn about the leading countries in the global trade of telephone apparatus.
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