Report Update Jan 1, 2025

Dominican Republic - Electronic Machines and Appliances for Testing Materials - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Electronic Material Tester Market 2025

Electronic Material Tester Market Size in the Dominican Republic

The Dominican electronic material tester market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, saw a slight downturn. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Electronic Material Tester Exports

Exports from the Dominican Republic

In 2021, approx. X units of electronic machines and appliances for testing materials were exported from the Dominican Republic; waning by -97.4% compared with the previous year's figure. Overall, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 1,152%. As a result, the exports reached the peak of X units, and then dropped significantly in the following year.

In value terms, electronic material tester exports declined notably to $X in 2021. In general, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2014 with an increase of 1,112%. Over the period under review, the exports hit record highs at $X in 2020, and then contracted rapidly in the following year.

Exports by Country

Mexico (X units) was the main destination for electronic material tester exports from the Dominican Republic, with a 94% share of total exports. Moreover, electronic material tester exports to Mexico exceeded the volume sent to the second major destination, the United States (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Mexico totaled +42.5%.

In value terms, the United States ($X), Mexico ($X) and Haiti ($X) appeared to be the largest markets for electronic material tester exported from the Dominican Republic worldwide, together comprising 98% of total exports.

Mexico, with a CAGR of +21.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average electronic material tester export price amounted to $X per unit, shrinking by -17.9% against the previous year. In general, the export price, however, showed modest growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 199% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the average export prices remained 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 ($X per unit), while the average price for exports to Mexico ($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 (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Electronic Material Tester Imports

Imports into the Dominican Republic

In 2021, purchases abroad of electronic machines and appliances for testing materials increased by 36% to X units for the first time since 2018, thus ending a two-year declining trend. In general, imports saw temperate growth. The pace of growth appeared the most rapid in 2018 with an increase of 192% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, electronic material tester imports soared to $X in 2021. Overall, imports, however, continue to indicate a noticeable decrease. The growth pace was the most rapid in 2018 when imports increased by 158%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X units), Panama (X units) and Turkey (X units) were the main suppliers of electronic material tester imports to the Dominican Republic, together accounting for 51% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Panama (with a CAGR of +42.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of electronic machines and appliances for testing materials to the Dominican Republic, comprising 26% of total imports. The second position in the ranking was held by Panama ($X), with an 11% share of total imports. It was followed by Finland, with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (+35.4% per year) and Finland (-1.0% per year).

Import Prices by Country

In 2021, the average electronic material tester import price amounted to $X per unit, growing by 5.7% against the previous year. Over the period under review, the import price, however, saw a deep contraction. The import price peaked at $X per unit in 2012; however, from 2013 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 Finland ($X per unit), while the price for Turkey ($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 (+2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electronic machines and appliances for testing materials in the world?

The countries with the highest volumes of electronic material tester consumption in 2021 were South Africa, the UK and the United States, together comprising 52% of global consumption.

What are the largest producers of electronic machines and appliances for testing materials in the world?

The countries with the highest volumes of electronic material tester production in 2021 were the UK, Italy and China, together comprising 63% of global production.

What are the leading suppliers of electronic machines and appliances for testing materials to the Dominican Republic?

In value terms, the United States constituted the largest supplier of electronic material tester to the Dominican Republic, comprising 37% of total imports. The second position in the ranking was occupied by China, with a 12% share of total imports. It was followed by Panama, with a 12% share.

What are the leading importers of electronic machines and appliances for testing materials from the Dominican Republic?

In value terms, the largest markets for electronic material tester exported from the Dominican Republic were Mexico and the United States.

What is the average export price for electronic machines and appliances for testing materials in the Dominican Republic?

In 2021, the average electronic material tester export price amounted to $1,102 per unit, waning by -20.1% against the previous year.

What is the average import price for electronic machines and appliances for testing materials in the Dominican Republic?

In 2021, the average electronic material tester import price amounted to $409 per unit, with a decrease of -5.3% against the previous year.

This report provides an in-depth analysis of the electronic material tester 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 26516255 - Electronic machines and appliances for testing the properties of materials (excluding for metals)

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