Dominican Republic: Breathing Appliances Market 2024

Breathing Appliances Market Size in the Dominican Republic

In 2022, the Dominican breathing appliances market was finally on the rise to reach $X after two years of decline. Overall, consumption continues to indicate a resilient increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Breathing Appliances Exports

Exports from the Dominican Republic

Breathing appliances exports from the Dominican Republic dropped significantly to X units in 2022, waning by -89.2% compared with 2021 figures. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 73,907%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, breathing appliances exports contracted remarkably to $X in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 20,240%. The exports peaked at $X in 2021, and then reduced sharply in the following year.

Exports by Country

The United States (X units) was the main destination for breathing appliances exports from the Dominican Republic, accounting for a 68% share of total exports. Moreover, breathing appliances exports to the United States exceeded the volume sent to the second major destination, New Zealand (X units), fivefold. China (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +40.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (0.0% per year) and China (-74.7% per year).

In value terms, the United States ($X) emerged as the key foreign market for breathing appliances and gas masks exports from the Dominican Republic, comprising 66% of total exports. The second position in the ranking was held by New Zealand ($X), with a 16% share of total exports. It was followed by China, with an 8.2% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +65.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (0.0% per year) and China (-43.2% per year).

Export Prices by Country

The average breathing appliances export price stood at $X per unit in 2022, increasing by 3.1% against the previous year. Over the period under review, the export price showed significant growth. The growth pace was the most rapid in 2017 when the average export price increased by 494%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to China ($X 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 Hong Kong SAR (+149.5%), while the prices for the other major destinations experienced more modest paces of growth.

Breathing Appliances Imports

Imports into the Dominican Republic

In 2022, supplies from abroad of breathing appliances and gas masks was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 196% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, breathing appliances imports soared to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 117%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X units) constituted the largest breathing appliances supplier to the Dominican Republic, accounting for a 73% share of total imports. Moreover, breathing appliances imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+23.6% per year) and Mexico (+22.2% per year).

In value terms, the United States ($X) constituted the largest supplier of breathing appliances and gas masks to the Dominican Republic, comprising 66% of total imports. The second position in the ranking was held by China ($X), with a 21% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.8% per year) and Mexico (+7.5% per year).

Import Prices by Country

In 2022, the average breathing appliances import price amounted to $X per unit, waning by -44.7% against the previous year. Overall, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 70% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-9.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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