Dominican Republic: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA 2025

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA in the Dominican Republic

After two years of decline, the Dominican market for diesel or semi-diesel electric generating sets of output under X kVA increased by 45% to $X in 2021. In general, the total consumption indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA

Exports from the Dominican Republic

In 2021, the amount of diesel or semi-diesel electric generating sets of output under X kVA exported from the Dominican Republic dropped dramatically to X units, declining by -16.7% on the year before. Overall, exports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 900%. Over the period under review, the exports of hit record highs at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, exports of diesel or semi-diesel electric generating sets of output under X kVA rose slightly to $X in 2021. In general, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,915%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Haiti (X units) was the main destination for exports of diesel or semi-diesel electric generating sets of output under X kVA from the Dominican Republic, with a 76% share of total exports. Moreover, exports of diesel or semi-diesel electric generating sets of output under X kVA to Haiti exceeded the volume sent to the second major destination, the United States (X units), sixfold. Panama (X units) ranked third in terms of total exports with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Haiti totaled +6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+13.0% per year) and Panama (0.0% per year).

In value terms, the largest markets for diesel or semi-diesel electric generating set of output under X kVA exported from the Dominican Republic were Panama ($X), Haiti ($X) and the United States ($X), with a combined 99.9% share of total exports.

Among the main countries of destination, the United States, with a CAGR of +32.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for diesel or semi-diesel electric generating sets of output under X kVA stood at $X per unit in 2021, increasing by 22% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 125% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average 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 Panama ($X per unit), while the average price for exports to Cuba ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+16.6%), while the prices for the other major destinations experienced a decline.

Imports of Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA

Imports into the Dominican Republic

In 2021, approx. X units of diesel or semi-diesel electric generating sets of output under X kVA were imported into the Dominican Republic; growing by 43% compared with the previous year. Over the period under review, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +13.5% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of diesel or semi-diesel electric generating sets of output under X kVA skyrocketed to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 44% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of diesel or semi-diesel electric generating set of output under X kVA to the Dominican Republic, with a 77% share of total imports. Moreover, imports of diesel or semi-diesel electric generating sets of output under X kVA from China exceeded the figures recorded by the second-largest supplier, the United States (X units), eightfold. The third position in this ranking was taken by Japan (X units), with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +22.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.1% per year) and Japan (+54.4% per year).

In value terms, the largest diesel or semi-diesel electric generating set of output under X kVA suppliers to the Dominican Republic were China ($X), the United States ($X) and France ($X), together comprising 87% of total imports. These countries were followed by Spain, India, Japan and Mexico, which together accounted for a further 6.9%.

In terms of the main suppliers, Spain, with a CAGR of +67.2%, recorded 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

The average import price for diesel or semi-diesel electric generating sets of output under X kVA stood at $X per unit in 2021, remaining relatively unchanged against the previous year. Over the period under review, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 13%. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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