Dominican Republic: Market for Primary Cells And Primary Batteries 2025

Market Size for Primary Cells And Primary Batteries in the Dominican Republic

After two years of growth, the Dominican market for primary cells and primary batteries decreased by -42.7% to $X in 2022. In general, consumption, however, showed a strong increase. As a result, consumption reached the peak level of $X, and then declined dramatically in the following year.

Exports of Primary Cells And Primary Batteries

Exports from the Dominican Republic

In 2022, shipments abroad of primary cells and primary batteries was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, primary cells and primary batteries exports surged to $X in 2022. In general, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 721% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for primary cells and primary batteries exports from the Dominican Republic, accounting for a 99% share of total exports. It was followed by Haiti (X units), with a 0.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +11.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (+25.0% per year) and Panama (-59.1% per year).

In value terms, the United States ($X), Haiti ($X) and Panama ($X) appeared to be the largest markets for primary cells and primary batteries exported from the Dominican Republic worldwide, together accounting for 98% of total exports.

Haiti, with a CAGR of +70.2%, saw the highest growth rate of 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

The average export price for primary cells and primary batteries stood at $X per unit in 2022, dropping by -85.4% against the previous year. Over the period under review, the export price continues to indicate a noticeable slump. The growth pace was the most rapid in 2017 when the average export price increased by 1,465%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+54.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Primary Cells And Primary Batteries

Imports into the Dominican Republic

In 2022, the amount of primary cells and primary batteries imported into the Dominican Republic declined to X units, with a decrease of -10.7% compared with the previous year's figure. Overall, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 148% against the previous year. As a result, imports reached the peak of X units, and then declined in the following year.

In value terms, primary cells and primary batteries imports reached $X in 2022. Over the period under review, imports, however, saw strong growth. The pace of growth was the most pronounced in 2013 with an increase of 40% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest primary cells and primary batteries supplier to the Dominican Republic, with a 62% share of total imports. Moreover, primary cells and primary batteries imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. The third position in this ranking was held by Brazil (X units), with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +32.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.3% per year) and Brazil (+148.2% per year).

In value terms, China ($X), the United States ($X) and Mexico ($X) appeared to be the largest primary cells and primary batteries suppliers to the Dominican Republic, together comprising 88% of total imports. Brazil and Guatemala lagged somewhat behind, together accounting for a further 3.2%.

Brazil, with a CAGR of +38.3%, recorded the highest growth rate of 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

The average import price for primary cells and primary batteries stood at $X per unit in 2022, picking up by 29% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 38% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+23.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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