Report Update Jan 1, 2025

Dominican Republic - Electrical Insulators - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Electrical Insulator Market 2025

Electrical Insulator Market Size in the Dominican Republic

After two years of decline, the Dominican electrical insulator market increased by 61% to $X in 2022. Over the period under review, consumption, however, recorded a deep slump. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Electrical Insulator Exports

Exports from the Dominican Republic

In 2022, the amount of electrical insulators exported from the Dominican Republic stood at X units, approximately mirroring the previous year. Over the period under review, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 16,079%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, electrical insulator exports amounted to $X in 2022. In general, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 2,283% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for electrical insulator exports from the Dominican Republic, with a 80% share of total exports. Moreover, electrical insulator exports to the United States exceeded the volume sent to the second major destination, Haiti (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at -5.4%.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +1.4%.

Export Prices by Country

The average electrical insulator export price stood at $X per unit in 2022, stabilizing at the previous year. Overall, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 611% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 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 the United States ($X per unit), while the average price for exports to Haiti amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+9.1%), while the prices for the other major destinations experienced mixed trend patterns.

Electrical Insulator Imports

Imports into the Dominican Republic

After two years of decline, overseas purchases of electrical insulators increased by 68% to X units in 2022. In general, imports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2019 with an increase of 1,673% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, electrical insulator imports soared to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by 102%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Spain (X units) and Peru (X units) were the main suppliers of electrical insulator imports to the Dominican Republic, together accounting for 81% of total imports. The United States, Italy, Vietnam and Brazil lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +400.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Spain ($X) were the largest electrical insulator suppliers to the Dominican Republic, with a combined 82% share of total imports. Peru, Italy, Brazil and Vietnam lagged somewhat behind, together comprising a further 8.3%.

Vietnam, with a CAGR of +127.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electrical insulator import price stood at $X per unit in 2022, which is down by -15.3% against the previous year. In general, the import price, however, posted a strong increase. The growth pace was the most rapid in 2021 when the average import price increased by 559% against the previous year. As a result, import price reached the peak level of $X per unit, and then declined rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Vietnam ($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 (+38.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical insulators in the world?

China constituted the country with the largest volume of electrical insulator consumption, comprising approx. 32% of total volume. Moreover, electrical insulator consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with a 7.1% share.

What are the largest producers of electrical insulators in the world?

The country with the largest volume of electrical insulator production was China, comprising approx. 46% of total volume. Moreover, electrical insulator production in China exceeded the figures recorded by the second-largest producer, India, sixfold. The third position in this ranking was occupied by the United States, with a 5.9% share.

What are the leading suppliers of electrical insulators to the Dominican Republic?

In value terms, China constituted the largest supplier of electrical insulator to the Dominican Republic, comprising 43% of total imports. The second position in the ranking was occupied by Mexico, with a 19% share of total imports. It was followed by the United States, with a 12% share.

What are the leading importers of electrical insulators from the Dominican Republic?

In value terms, the United States remains the key foreign market for electrical insulator exports from the Dominican Republic, comprising 83% of total exports. The second position in the ranking was occupied by Germany, with a 13% share of total exports.

What is the average export price for electrical insulators in the Dominican Republic?

In 2021, the average electrical insulator export price amounted to $14 per unit, declining by -43.9% against the previous year.

What is the average import price for electrical insulators in the Dominican Republic?

In 2021, the average electrical insulator import price amounted to $3.9 per unit, waning by -1.8% against the previous year.

This report provides an in-depth analysis of the electrical insulator market in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27901230 - Electrical insulators (excluding of glass or ceramics)
Prodcom 23431030 - Electrical insulators of ceramics (excluding insulating fittings)
Prodcom 23192500 - Glass electrical insulators (excluding insulating fittings (other than insulators) for electrical machinery, appliances or equipment)

Country coverage:

Dominican Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Dominican Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024