Dominican Republic: Relay Market 2025

Relay Market Size in the Dominican Republic

The Dominican relay market dropped to $X in 2022, shrinking by -3.3% against the previous year. Overall, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.7% against 2019 indices. Relay consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Relay Production in the Dominican Republic

In value terms, relay production declined to $X in 2022 estimated in export price. Over the period under review, production, however, posted a prominent increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 44% against the previous year. Relay production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Relay Exports

Exports from the Dominican Republic

In 2022, the amount of relays exported from the Dominican Republic soared to X units, increasing by 15% compared with the year before. In general, exports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2015 with an increase of 793%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, relay exports soared to $X in 2022. Overall, exports continue to indicate slight growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,399%. 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 relay exports from the Dominican Republic, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to -5.0%.

In value terms, the United States ($X) also remains the key foreign market for relays exports from the Dominican Republic.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +2.9%.

Export Prices by Country

In 2022, the average relay export price amounted to $X per unit, with an increase of 11% against the previous year. Over the period under review, the export price recorded prominent growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 295%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +8.3% per year.

Relay Imports

Imports into the Dominican Republic

In 2022, after two years of growth, there was significant decline in overseas purchases of relays, when their volume decreased by -8.9% to X units. In general, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2016 when imports increased by 107% against the previous year. Imports peaked at X units in 2021, and then shrank in the following year.

In value terms, relay imports rose rapidly to $X in 2022. Overall, imports, however, saw a moderate expansion. The pace of growth was the most pronounced in 2016 when imports increased by 95%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest relay supplier to the Dominican Republic, accounting for a 59% share of total imports. Moreover, relay imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. The third position in this ranking was taken by the Czech Republic (X units), with a 6% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +27.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.8% per year) and the Czech Republic (-5.1% per year).

In value terms, the Czech Republic ($X), China ($X) and the United States ($X) were the largest relay suppliers to the Dominican Republic, together comprising 68% of total imports. The Netherlands, Japan, Germany, Spain, France and Mexico lagged somewhat behind, together accounting for a further 24%.

In terms of the main suppliers, the Netherlands, with a CAGR of +69.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average relay import price stood at $X per unit in 2022, rising by 19% against the previous year. In general, the import price, however, continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2019 an increase of 35%. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 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 the Czech Republic ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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