Dominican Republic: Monitors And Projectors Market 2025

Monitors And Projectors Market Size in the Dominican Republic

For the eighth consecutive year, the Dominican monitors and projectors market recorded decline in sales value, which decreased by -7.7% to $X in 2022. Overall, consumption continues to indicate a abrupt downturn. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Monitors And Projectors Exports

Exports from the Dominican Republic

In 2022, shipments abroad of monitors and projectors increased by 21% to X units, rising for the eighth consecutive year after two years of decline. Overall, exports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by 107%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, monitors and projectors exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of 159% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Haiti (X units), the United States (X units) and Costa Rica (X units) were the main destinations of monitors and projectors exports from the Dominican Republic, with a combined 86% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Costa Rica (with a CAGR of +38.0%), while the other leaders experienced more modest paces of growth.

In value terms, Haiti ($X), the United States ($X) and Canada ($X) constituted the largest markets for monitors and projectors exported from the Dominican Republic worldwide, with a combined 85% share of total exports. Costa Rica, Cuba and South Korea lagged somewhat behind, together comprising a further 13%.

Among the main countries of destination, Costa Rica, with a CAGR of +47.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average monitors and projectors export price amounted to $X per unit, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2015 an increase of 25%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to South Korea ($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 (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Monitors And Projectors Imports

Imports into the Dominican Republic

In 2022, purchases abroad of monitors and projectors decreased by -6.9% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports faced a dramatic slump. The pace of growth appeared the most rapid in 2014 when imports increased by 45% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, monitors and projectors imports declined modestly to $X in 2022. In general, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2014 with an increase of 44% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) was the main monitors and projectors supplier to the Dominican Republic, with a 92% share of total imports. Moreover, monitors and projectors imports from the United States exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at -22.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+5.4% per year) and China (-32.0% per year).

In value terms, China ($X) constituted the largest supplier of monitors and projectors to the Dominican Republic, comprising 81% of total imports. The second position in the ranking was taken by the United States ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to -10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-15.5% per year) and Hong Kong SAR (+2.7% per year).

Import Prices by Country

In 2022, the average monitors and projectors import price amounted to $X per unit, growing by 3.9% against the previous year. In general, the import price saw a prominent increase. The pace of growth was the most pronounced in 2019 an increase of 77% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a 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 China ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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