Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the Dominican Republic - 2023

Contents:

1. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the Dominican Republic (CIF) - 2022
2. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the Dominican Republic (FOB) - 2022
3. Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the Dominican Republic
4. Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the Dominican Republic

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the Dominican Republic (CIF) - 2022

The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $323 per unit in 2022, shrinking by -6.8% against the previous year. In general, the import price showed a perceptible descent. The pace of growth was the most pronounced in 2019 an increase of 22%. Over the period under review, average import prices attained the peak figure at $526 per unit in 2020; however, from 2021 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 Greece ($509 per unit), while the price for Mexico ($228 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the Dominican Republic (FOB) - 2022

The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $221 per unit in 2022, with a decrease of -59.5% against the previous year. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 550% against the previous year. Over the period under review, the average export prices reached the maximum at $551 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($400 per unit), while the average price for exports to the United States totaled $41 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+535.7%), while the prices for the other major destinations experienced a decline.

Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the Dominican Republic

In 2022, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses into the Dominican Republic fell modestly to 2.4K units, with a decrease of -4.3% compared with 2021 figures. In general, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 113% against the previous year. As a result, imports reached the peak of 2.5K units, and then shrank modestly in the following year.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses declined to $783K in 2022. Overall, imports showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 41%. Imports peaked at $950K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to the Dominican Republic in 2022:

1. China (1007.0 units)
2. United States (908.0 units)
3. Spain (318.0 units)
4. Greece (88.0 units)
5. Mexico (48.0 units)

Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in the Dominican Republic

In 2022, approx. 2 units of heaters; instantaneous or storage water heaters, non-electric, other than gasses were exported from the Dominican Republic; shrinking by -75% against the previous year's figure. In general, exports faced a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 33%. The exports peaked at 110 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses shrank remarkably to $441 in 2022. Over the period under review, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 267% against the previous year. As a result, the exports attained the peak of $4.4K, and then shrank rapidly in the following year.

Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from the Dominican Republic in 2022:

1. United States (1.0 units)
2. Ecuador (1.0 units)

Source: IndexBox Market Intelligence Platform