Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Dominican Republic - 2023

Contents:

  1. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Dominican Republic (CIF) - 2022
  2. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Dominican Republic (FOB) - 2022
  3. Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Dominican Republic
  4. Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Dominican Republic

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Dominican Republic (CIF) - 2022

In 2022, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $4.9 per unit, picking up by 27% against the previous year. In general, the import price, however, recorded a mild descent. The most prominent rate of growth was recorded in 2017 an increase of 34%. As a result, import price reached the peak level of $6.7 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($6.4 per unit), while the price for China totaled $4.9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1.7%).

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Dominican Republic (FOB) - 2022

In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $260 per unit, with an increase of 2,633% against the previous year. In general, the export price showed a significant increase. The most prominent rate of growth was recorded in 2013 an increase of 17,914% against the previous year. As a result, the export price reached the peak level of $693 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($490 per unit), while the average price for exports to the United States stood at $145 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+636.8%).

Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Dominican Republic

In 2022, imports of clocks; wall clocks, battery, accumulator or mains powereds into the Dominican Republic surged to 25K units, increasing by 18% against 2021 figures. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 156% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds soared to $121K in 2022. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 129% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China48.727.669.111733.9%
Vietnam6.4N/AN/AN/A0%
Others6.67.711.74.2-14.0%
Total61.735.380.812125.2%

Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to the Dominican Republic in 2022:

  1. China (24.1K units)

Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Dominican Republic

In 2022, exports of clocks; wall clocks, battery, accumulator or mains powereds from the Dominican Republic surged to 3 units, rising by 50% against the previous year's figure. Over the period under review, exports, however, saw a significant curtailment. Over the period under review, the exports of hit record highs at 12 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds surged to $779 in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Dominican Republic (USD)
COUNTRY2019202020212022CAGR,
2019-2022
El SalvadorN/AN/AN/A4900%
United StatesN/AN/AN/A2890%
Guatemala46.0N/AN/AN/A0%
Costa Rica19.0N/A19.0N/A0.0%
OthersN/AN/AN/AN/A0%
Total65.0N/A19.0779128.8%

Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from the Dominican Republic in 2022:

  1. United States (2.0 units)
  2. El Salvador (1.0 units)

Source: IndexBox Market Intelligence Platform

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