Dominican Republic: Market for Dentist And Barber Chairs 2024

Market Size for Dentist And Barber Chairs in the Dominican Republic

The Dominican dentist or barber chair market reduced notably to $X in 2022, which is down by -24.6% 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). In general, consumption, however, continues to indicate a prominent increase. Dentist or barber chair consumption peaked at $X in 2021, and then dropped dramatically in the following year.

Exports of Dentist And Barber Chairs

Exports from the Dominican Republic

In 2022, dentist or barber chair exports from the Dominican Republic reduced notably to X units, waning by -35.6% on the previous year's figure. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 3,145% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, dentist or barber chair exports fell 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 2013 with an increase of 4,090% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Panama (X units), the United States (X units) and Aruba (X units) were the main destinations of dentist or barber chair exports from the Dominican Republic, together accounting for 91% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +38.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for dentist and barber chairs exports from the Dominican Republic, comprising 55% of total exports. The second position in the ranking was taken by Panama ($X), with a 19% share of total exports. It was followed by Aruba, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +54.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+20.1% per year) and Aruba (+34.7% per year).

Export Prices by Country

In 2022, the average dentist or barber chair export price amounted to $X per unit, dropping by -12.8% against the previous year. In general, the export price, however, enjoyed a pronounced increase. The pace of growth was the most pronounced in 2016 an increase of 113% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 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 Aruba ($X per unit), while the average price for exports to Panama ($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 France (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dentist And Barber Chairs

Imports into the Dominican Republic

In 2022, the amount of dentist and barber chairs imported into the Dominican Republic declined sharply to X units, dropping by -23.3% on the year before. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2015 with an increase of 217% against the previous year. Over the period under review, imports attained the maximum at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, dentist or barber chair imports fell notably to $X in 2022. In general, imports, however, showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 108% against the previous year. As a result, imports attained the peak of $X, and then fell markedly in the following year.

Imports by Country

In 2022, China (X units) was the main dentist or barber chair supplier to the Dominican Republic, with a 94% share of total imports. It was followed by Mexico (X units), with a 1.6% share of total imports. The United States (X units) ranked third in terms of total imports with a 1.2% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +23.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+34.0% per year) and the United States (+3.6% per year).

In value terms, China ($X) constituted the largest supplier of dentist and barber chairs to the Dominican Republic, comprising 79% of total imports. The second position in the ranking was held by the United States ($X), with a 4.3% share of total imports. It was followed by Mexico, with a 3.4% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.6% per year) and Mexico (+27.2% per year).

Import Prices by Country

In 2022, the average dentist or barber chair import price amounted to $X per unit, shrinking by -3.5% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by 55% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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