Dominican Republic: Market for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters 2025

Market Size for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in the Dominican Republic

For the fourth year in a row, the Dominican electric oven and cooker market recorded growth in sales value, which increased by 15% to $X in 2022. In general, consumption recorded significant growth. Electric oven and cooker consumption peaked in 2022 and is likely to see steady growth in years to come.

Exports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Exports from the Dominican Republic

In 2022, approx. X units of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters were exported from the Dominican Republic; rising by 77% compared with the previous year's figure. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 1,078% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, electric oven and cooker exports skyrocketed to $X in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 2,081%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Haiti (X units) was the main destination for electric oven and cooker exports from the Dominican Republic, accounting for a 90% share of total exports. It was followed by the United States (X units), with a 1.5% share of total exports. The third position in this ranking was taken by Ecuador (X units), with a 1.5% share.

From 2012 to 2022, the average annual growth rate of volume to Haiti stood at +67.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+11.6% per year) and Ecuador (0.0% per year).

In value terms, Haiti ($X) emerged as the key foreign market for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports from the Dominican Republic, comprising 97% of total exports. The second position in the ranking was taken by the United States ($X), with a 0.9% share of total exports. It was followed by Colombia, with a 0.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Haiti stood at +94.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+9.6% per year) and Colombia (-1.3% per year).

Export Prices by Country

In 2022, the average electric oven and cooker export price amounted to $X per unit, jumping by 39% against the previous year. Overall, the export price posted a prominent increase. The pace of growth was the most pronounced in 2013 an increase of 157%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($X per unit), while the average price for exports to Canada ($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 Canada (+674.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Imports into the Dominican Republic

In 2022, the amount of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters imported into the Dominican Republic soared to X units, jumping by 18% against the previous year's figure. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 341%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, electric oven and cooker imports rose significantly to $X in 2022. Overall, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 116%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) was the main supplier of electric oven and cooker to the Dominican Republic, accounting for a 95% share of total imports. It was followed by the United States (X units), with a 2% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at +34.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.9% per year) and Spain (+1.3% per year).

In value terms, China ($X) constituted the largest supplier of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters to the Dominican Republic, comprising 54% of total imports. The second position in the ranking was taken by the United States ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+7.1% per year) and Spain (+11.7% per year).

Import Prices by Country

In 2022, the average electric oven and cooker import price amounted to $X per unit, declining by -10% against the previous year. Over the period under review, the import price faced a abrupt decrease. The growth pace was the most rapid in 2016 when the average import price increased by 84%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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 (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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