Amplifiers; Audio-Frequency Electric Price in the Dominican Republic - 2023

Contents:

  1. Amplifiers; Audio-Frequency Electric Price in the Dominican Republic (CIF) - 2023
  2. Amplifiers; Audio-Frequency Electric Price in the Dominican Republic (FOB) - 2022
  3. Amplifiers; Audio-Frequency Electric Imports in the Dominican Republic
  4. Amplifiers; Audio-Frequency Electric Exports in the Dominican Republic

Amplifiers; Audio-Frequency Electric Price in the Dominican Republic (CIF) - 2023

The average amplifiers; audio-frequency electric import price stood at $37.4 per unit in March 2023, reducing by -51% against the previous month. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in July 2022 an increase of 1,095% m-o-m. As a result, import price attained the peak level of $1,151 per unit. From August 2022 to March 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($261 per unit), while the price for China totaled $27.7 per unit.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.8%).

Amplifiers; Audio-Frequency Electric Price in the Dominican Republic (FOB) - 2022

In 2022, the average amplifiers; audio-frequency electric export price amounted to $136 per unit, picking up by 61% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 469% against the previous year. Over the period under review, the average export prices reached the peak figure at $238 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.3% per year.

Amplifiers; Audio-Frequency Electric Imports in the Dominican Republic

Amplifiers; audio-frequency electric imports into the Dominican Republic shrank dramatically to 95K units in 2022, waning by -27.8% against the year before. Over the period under review, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year. As a result, imports attained the peak of 131K units, and then reduced rapidly in the following year.

In value terms, amplifiers; audio-frequency electric imports stood at $3.8M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 61%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Amplifiers; Audio-Frequency Electric in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,5231,8723,0653,0856.9%
United States3401943133713.0%
Brazil2.01.93.2106275.6%
Others293161201213-10.1%
Total3,1582,2303,5823,7766.1%

Top Suppliers of Amplifiers; Audio-Frequency Electric to the Dominican Republic in 2022:

  1. China (86.7K units)
  2. United States (5.4K units)
  3. Brazil (1.8K units)

Amplifiers; Audio-Frequency Electric Exports in the Dominican Republic

In 2022, shipments abroad of amplifiers; audio-frequency electrics decreased by -76.8% to 1.1K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 930%. The exports peaked at 4.6K units in 2021, and then shrank rapidly in the following year.

In value terms, amplifiers; audio-frequency electric exports declined significantly to $145K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 568% against the previous year. The exports peaked at $388K in 2021, and then declined remarkably in the following year.

Export of Amplifiers; Audio-Frequency Electric in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.078.4381141121.4%
Spain2.430.00.30.3-50.0%
Others1.22.17.03.948.1%
Total16.5111388145106.4%

Top Export Markets for Amplifiers; Audio-Frequency Electric from the Dominican Republic in 2022:

  1. United States (1049.0 units)
  2. Spain (4.0 units)

Source: IndexBox Market Intelligence Platform

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