Dominican Republic: Domestic Appliances Market 2025

Domestic Appliances Market Size in the Dominican Republic

For the fourth consecutive year, the Dominican domestic appliances market recorded growth in sales value, which increased by 16% to $X in 2021. The market value increased at an average annual rate of +4.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Domestic Appliances Production in the Dominican Republic

In value terms, domestic appliances production skyrocketed to $X in 2021 estimated in export price. In general, production showed a slight increase. The pace of growth appeared the most rapid in 2019 with an increase of 56%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Domestic Appliances Exports

Exports from the Dominican Republic

In 2021, shipments abroad of domestic appliances increased by 74% to X units for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, continue to indicate a noticeable slump. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, domestic appliances exports surged to $X in 2021. Over the period under review, exports saw a modest increase. The pace of growth appeared the most rapid in 2017 with an increase of 94%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units), Haiti (X units) and Panama (X units) were the main destinations of domestic appliances exports from the Dominican Republic, with a combined 52% share of total exports. These countries were followed by Cuba, Canada, Jamaica and Venezuela, which together accounted for a further 15%.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +44.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for domestic appliances exported from the Dominican Republic were Haiti ($X), the United States ($X) and Cuba ($X), with a combined 77% share of total exports. Jamaica, Panama, Venezuela and Canada lagged somewhat behind, together accounting for a further 19%.

Panama, with a CAGR of +22.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average domestic appliances export price amounted to $X per unit, declining by -3.3% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, domestic appliances export price decreased by -20.0% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 56%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, 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 Venezuela ($X per unit), while the average price for exports to Canada ($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 Venezuela (+29.3%), while the prices for the other major destinations experienced more modest paces of growth.

Domestic Appliances Imports

Imports into the Dominican Republic

In 2021, approx. X units of domestic appliances were imported into the Dominican Republic; picking up by 32% against the previous year. In general, total imports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +4.4% 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 +96.1% against 2017 indices. The pace of growth was the most pronounced in 2018 with an increase of 36% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, domestic appliances imports amounted to $X in 2021. The total import value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest domestic appliances supplier to the Dominican Republic, accounting for a 57% share of total imports. Moreover, domestic appliances imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was held by Mexico (X units), with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.8% per year) and Mexico (+5.1% per year).

In value terms, China ($X) constituted the largest supplier of domestic appliances to the Dominican Republic, comprising 46% of total imports. The second position in the ranking was taken by Mexico ($X), with a 16% share of total imports. It was followed by the United States, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+5.7% per year) and the United States (-1.4% per year).

Import Prices by Country

The average domestic appliances import price stood at $X per unit in 2021, dropping by -13.9% against the previous year. Overall, the import price recorded a slight curtailment. The pace of growth appeared the most rapid in 2017 an increase of 16%. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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