Dominican Republic: Appliance Part Brush Market 2024

Appliance Part Brush Market Size in the Dominican Republic

The Dominican appliance part brush market soared to $X in 2022, jumping by 31% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a buoyant expansion. Appliance part brush consumption peaked in 2022 and is expected to retain growth in years to come.

Appliance Part Brush Exports

Exports from the Dominican Republic

Appliance part brush exports from the Dominican Republic surged to X units in 2022, rising by 80% against 2021 figures. Over the period under review, exports, however, continue to indicate a deep downturn. The pace of growth was the most pronounced in 2016 when exports increased by 4,425% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, appliance part brush exports soared to $X in 2022. In general, exports, however, continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2016 when exports increased by 1,282% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Haiti (X units) was the main destination for appliance part brush exports from the Dominican Republic, accounting for a 93% share of total exports. It was followed by the United States (X units), with a 2.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Haiti stood at -7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+15.4% per year) and Turks and Caicos Islands (-12.3% per year).

In value terms, Haiti ($X) emerged as the key foreign market for brushes constituting parts of appliances exports from the Dominican Republic, comprising 84% of total exports. The second position in the ranking was taken by the United States ($X), with a 3.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Haiti amounted to -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+10.9% per year) and Turks and Caicos Islands (-5.5% per year).

Export Prices by Country

In 2022, the average appliance part brush export price amounted to $X per unit, with an increase of 20% against the previous year. Over the period under review, the export price saw a strong increase. The most prominent rate of growth was recorded in 2019 an increase of 130% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Turks and Caicos Islands ($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 Turks and Caicos Islands (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Appliance Part Brush Imports

Imports into the Dominican Republic

In 2022, approx. X units of brushes constituting parts of appliances were imported into the Dominican Republic; with an increase of 29% against 2021. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 40% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, appliance part brush imports surged to $X in 2022. Overall, imports posted prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 65% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Mexico (X units), China (X units) and the United States (X units) were the main suppliers of appliance part brush imports to the Dominican Republic, together accounting for 81% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +28.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Mexico ($X) were the largest appliance part brush suppliers to the Dominican Republic, together comprising 76% of total imports.

In terms of the main suppliers, China, with a CAGR of +25.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average appliance part brush import price amounted to $X per unit, surging by 2.9% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2020 an increase of 64% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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