Dominican Republic: Semiconductor Thyristor Market 2025

Semiconductor Thyristor Market Size in the Dominican Republic

The Dominican semiconductor thyristor market declined slightly to $X in 2022, shrinking by -2.2% against the previous year. In general, consumption, however, showed a perceptible decrease. 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.

Semiconductor Thyristor Production in the Dominican Republic

In value terms, semiconductor thyristor production declined slightly to $X in 2022 estimated in export price. In general, production, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2014 with an increase of 51% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Semiconductor Thyristor Exports

Exports from the Dominican Republic

In 2022, shipments abroad of semiconductor thyristors, diacs and triacs increased by 22% to X units, rising for the second year in a row after three years of decline. Overall, exports, however, faced a sharp setback. The most prominent rate of growth was recorded in 2021 when exports increased by 134%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, semiconductor thyristor exports surged to $X in 2022. Over the period under review, exports, however, showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 295%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Switzerland (X units) was the main destination for semiconductor thyristor exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Switzerland was relatively modest.

In value terms, Switzerland ($X) emerged as the key foreign market for semiconductor thyristors, diacs and triacs exports from the Dominican Republic.

From 2012 to 2022, the average annual rate of growth in terms of value to Switzerland was relatively modest.

Export Prices by Country

The average semiconductor thyristor export price stood at $X per unit in 2022, rising by 43% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 127% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -2.9% per year.

Semiconductor Thyristor Imports

Imports into the Dominican Republic

In 2022, purchases abroad of semiconductor thyristors, diacs and triacs was finally on the rise to reach X units after two years of decline. In general, imports, however, faced a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of 1,591%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, semiconductor thyristor imports fell markedly to $X in 2022. Overall, imports, however, continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2017 when imports increased by 1,481% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X units), China (X units) and Panama (X units) were the main suppliers of semiconductor thyristor imports to the Dominican Republic, together accounting for 96% of total imports.

From 2012 to 2022, the biggest increases were recorded for Panama (with a CAGR of +936.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of semiconductor thyristors, diacs and triacs to the Dominican Republic, comprising 66% of total imports. The second position in the ranking was taken by the United States ($X), with a 26% share of total imports. It was followed by Germany, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-29.2% per year) and Germany (+6.5% per year).

Import Prices by Country

In 2022, the average semiconductor thyristor import price amounted to $X per unit, declining by -44.5% against the previous year. In general, the import price showed a drastic downturn. The pace of growth was the most pronounced in 2020 an increase of 59% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, 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 Germany ($X per unit), while the price for Panama ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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