Dominican Republic: Market for Household Washing and Drying Machines 2025

Market Size for Household Washing and Drying Machines in the Dominican Republic

In 2021, after two years of decline, there was significant growth in the Dominican washing and drying machine market, when its value increased by 50% to $X. Overall, consumption, however, saw a abrupt downturn. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Exports of Household Washing and Drying Machines

Exports from the Dominican Republic

In 2021, the amount of household washing and drying machines exported from the Dominican Republic surged to X tons, growing by 288% against the previous year. In general, exports saw resilient growth. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, washing and drying machine exports soared to $X in 2021. Overall, exports recorded a modest increase. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for washing and drying machine exports from the Dominican Republic, with a 47% share of total exports. Moreover, washing and drying machine exports to the United States exceeded the volume sent to the second major destination, Cuba (X tons), threefold. British Virgin Islands (X kg) ranked third in terms of total exports with a 9.5% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (+45.0% per year) and British Virgin Islands (+145.5% per year).

In value terms, the United States ($X), Haiti ($X) and Cuba ($X) appeared to be the largest markets for washing and drying machine exported from the Dominican Republic worldwide, together accounting for 86% of total exports. Guatemala, British Virgin Islands, Venezuela and Turks and Caicos Islands lagged somewhat behind, together accounting for a further 12%.

Venezuela, with a CAGR of +65.4%, 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 more modest paces of growth.

Export Prices by Country

In 2021, the average washing and drying machine export price amounted to $X per ton, with a decrease of -31.9% against the previous year. Overall, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 107%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Haiti ($X per ton), while the average price for exports to Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Household Washing and Drying Machines

Imports into the Dominican Republic

In 2021, approx. X tons of household washing and drying machines were imported into the Dominican Republic; increasing by 78% against the previous year's figure. In general, imports, however, saw a slight descent. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, washing and drying machine imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a abrupt contraction. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest washing and drying machine supplier to the Dominican Republic, accounting for a 78% share of total imports. Moreover, washing and drying machine imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold. Thailand (X tons) ranked third in terms of total imports with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-10.2% per year) and Thailand (-10.3% per year).

In value terms, China ($X) constituted the largest supplier of household washing and drying machines to the Dominican Republic, comprising 80% of total imports. The second position in the ranking was held by the United States ($X), with a 9.2% share of total imports. It was followed by Thailand, with a 2.1% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-17.4% per year) and Thailand (-16.7% per year).

Import Prices by Country

The average washing and drying machine import price stood at $X per ton in 2021, declining by -19.7% against the previous year. Overall, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 8.2%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Mexico ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+5.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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