Dominican Republic: Electronic Metal Tester Market 2025

Electronic Metal Tester Market Size in the Dominican Republic

The Dominican electronic metal tester market shrank rapidly to $X in 2021, with a decrease of -39.1% against the previous year. Over the period under review, consumption, however, recorded a temperate expansion. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Electronic Metal Tester Production in the Dominican Republic

In value terms, electronic metal tester production rose sharply to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 33% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Electronic Metal Tester Exports

Exports from the Dominican Republic

Electronic metal tester exports from the Dominican Republic was estimated at X units in 2021, remaining relatively unchanged against the previous year. In general, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2019 with an increase of 450% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, electronic metal tester exports surged to $X in 2021. Over the period under review, exports saw a abrupt decline. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Haiti (X units) was the main destination for electronic metal tester exports from the Dominican Republic, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Haiti was relatively modest.

In value terms, the United States ($X) remains the key foreign market for electronic machines and appliances for testing metals exports from the Dominican Republic, comprising 97% of total exports. The second position in the ranking was held by Haiti ($X), with a 3.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +32.6%.

Export Prices by Country

In 2021, the average electronic metal tester export price amounted to $X per unit, reducing by -9.8% against the previous year. In general, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2014 an increase of 3,431% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: 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 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+974.5%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Metal Tester Imports

Imports into the Dominican Republic

In 2021, overseas purchases of electronic machines and appliances for testing metals decreased by -37.3% to X units for the first time since 2017, thus ending a three-year rising trend. Overall, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 1,048%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, electronic metal tester imports declined remarkably to $X in 2021. Over the period under review, imports, however, saw resilient growth. The growth pace was the most rapid in 2013 with an increase of 801% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

South Korea (X units), the United States (X units) and China (X units) were the main suppliers of electronic metal tester imports to the Dominican Republic, together accounting for 93% of total imports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +26.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of electronic machines and appliances for testing metals to the Dominican Republic, comprising 50% of total imports. The second position in the ranking was held by Canada ($X), with a 13% share of total imports. It was followed by the Netherlands, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+26.4% per year) and the Netherlands (-3.4% per year).

Import Prices by Country

In 2021, the average electronic metal tester import price amounted to $X per unit, reducing by -38.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by 91%. Over the period under review, average import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Canada ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :