Dominican Republic: Non-Household Fan Market 2025

Non-Household Fan Market Size in the Dominican Republic

The Dominican non-household fan market contracted remarkably to $X in 2022, waning by -49.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, posted pronounced growth. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Non-Household Fan Exports

Exports from the Dominican Republic

In 2022, non-household fan exports from the Dominican Republic shrank notably to X units, which is down by -19% compared with the previous year. In general, exports, however, posted a noticeable expansion. The growth pace was the most rapid in 2018 when exports increased by 3,708% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-household fan exports amounted to $X in 2022. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 5,517% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Haiti (X units) was the main destination for non-household fan exports from the Dominican Republic, with a 88% share of total exports. Moreover, non-household fan exports to Haiti exceeded the volume sent to the second major destination, the United States (X units), more than tenfold. Cuba (X units) ranked third in terms of total exports with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Haiti stood at +19.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+6.4% per year) and Cuba (+23.2% per year).

In value terms, the largest markets for non-household fan exported from the Dominican Republic were Haiti ($X), the United States ($X) and Turks and Caicos Islands ($X), together comprising 99% of total exports.

In terms of the main countries of destination, Turks and Caicos Islands, with a CAGR of +149.7%, 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 non-household fan export price amounted to $X per unit, growing by 26% against the previous year. In general, the export price posted a buoyant increase. The growth pace was the most rapid in 2013 when the average export price increased by 147%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Panama ($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 Turks and Caicos Islands (+51.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Household Fan Imports

Imports into the Dominican Republic

In 2022, non-household fan imports into the Dominican Republic dropped rapidly to X units, reducing by -51.8% compared with the previous year. Over the period under review, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year. As a result, imports reached the peak of X units, and then reduced sharply in the following year.

In value terms, non-household fan imports fell notably to $X in 2022. Overall, imports, however, continue to indicate a temperate increase. The most prominent rate of growth was recorded in 2016 with an increase of 84%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-household fan to the Dominican Republic, with a 77% share of total imports. Moreover, non-household fan imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+28.6% per year) and Spain (+32.7% per year).

In value terms, China ($X), the United States ($X) and Spain ($X) constituted the largest non-household fan suppliers to the Dominican Republic, together accounting for 81% of total imports.

Spain, with a CAGR of +41.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average non-household fan import price amounted to $X per unit, surging by 9.7% against the previous year. In general, the import price, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2015 when the average import price increased by 17% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform