Dominican Republic: Radar Apparatus Market 2024

Radar Apparatus Market Size in the Dominican Republic

The Dominican radar apparatus market stood at $X in 2022, picking up by X% against the previous year. Over the period under review, consumption recorded a pronounced contraction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Radar Apparatus Production in the Dominican Republic

In value terms, radar apparatus production totaled $X in 2022 estimated in export price. Overall, production showed a pronounced contraction. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Radar Apparatus Exports

Exports from the Dominican Republic

In 2022, approx. X units of radar apparatus, radio navigational aid apparatus and radio remote control apparatus were exported from the Dominican Republic; waning by X% on the year before. Overall, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, radar apparatus exports shrank remarkably to $X in 2022. In general, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for radar apparatus exports from the Dominican Republic, with a X% share of total exports. Moreover, radar apparatus exports to the United States exceeded the volume sent to the second major destination, Haiti (X units), sevenfold. The third position in this ranking was taken by France (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (X% per year) and France (X% per year).

In value terms, the United States ($X) remains the key foreign market for radar apparatus, radio navigational aid apparatus and radio remote control apparatus exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by Haiti ($X), with a X% share of total exports. It was followed by Venezuela, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (X% per year) and Venezuela (X% per year).

Export Prices by Country

In 2022, the average radar apparatus export price amounted to $X per unit, increasing by X% against the previous year. In general, the export price posted a prominent expansion. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($X per unit), while the average price for exports to France ($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 Israel (X%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into the Dominican Republic

After two years of decline, overseas purchases of radar apparatus, radio navigational aid apparatus and radio remote control apparatus increased by X% to X units in 2022. In general, imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, radar apparatus imports reduced rapidly to $X in 2022. Overall, imports continue to indicate pronounced growth. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked at $X in 2021, and then reduced notably in the following year.

Imports by Country

In 2022, China (X units) constituted the largest radar apparatus supplier to the Dominican Republic, with a X% share of total imports. Moreover, radar apparatus imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. The third position in this ranking was taken by Panama (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Panama (X% per year).

In value terms, China ($X) constituted the largest supplier of radar apparatus, radio navigational aid apparatus and radio remote control apparatus to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Panama, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Panama (X% per year).

Import Prices by Country

The average radar apparatus import price stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price showed a deep slump. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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