Dominican Republic: Telephonic Switching Apparatus Market 2025

Telephonic Switching Apparatus Market Size in the Dominican Republic

The Dominican telephonic switching apparatus market dropped sharply to $X in 2022, with a decrease of -41% 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). Overall, consumption, however, continues to indicate a resilient increase. Telephonic switching apparatus consumption peaked at $X in 2021, and then contracted notably in the following year.

Telephonic Switching Apparatus Exports

Exports from the Dominican Republic

In 2022, approx. X units of telephonic or telegraphic switching apparatus were exported from the Dominican Republic; jumping by 64% on 2021. In general, exports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2017 when exports increased by 287% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, telephonic switching apparatus exports skyrocketed to $X in 2022. Over the period under review, exports recorded a resilient increase. The pace of growth was the most pronounced in 2017 when exports increased by 286% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for telephonic switching apparatus exports from the Dominican Republic, with a 25% share of total exports. Moreover, telephonic switching apparatus exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X units), threefold. Poland (X units) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +33.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+58.2% per year) and Poland (+4.8% per year).

In value terms, the United States ($X) remains the key foreign market for telephonic or telegraphic switching apparatus exports from the Dominican Republic, comprising 65% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 12% share of total exports. It was followed by Poland, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +29.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+47.4% per year) and Poland (-8.5% per year).

Export Prices by Country

The average telephonic switching apparatus export price stood at $X per unit in 2021, jumping by 103% against the previous year. In general, the export price saw significant growth. The growth pace was the most rapid in 2013 an increase of 417% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the 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 the United States ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.6%), while the prices for the other major destinations experienced a decline.

Telephonic Switching Apparatus Imports

Imports into the Dominican Republic

In 2022, the amount of telephonic or telegraphic switching apparatus imported into the Dominican Republic contracted sharply to X units, shrinking by -44.8% against the previous year's figure. Overall, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 161% against the previous year. Imports peaked at X units in 2021, and then contracted markedly in the following year.

In value terms, telephonic switching apparatus imports reduced rapidly to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 43% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest telephonic switching apparatus supplier to the Dominican Republic, accounting for a 37% share of total imports. Moreover, telephonic switching apparatus imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), sevenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +23.5%.

In value terms, China ($X) constituted the largest supplier of telephonic or telegraphic switching apparatus to the Dominican Republic, comprising 88% of total imports. The second position in the ranking was held by the United States ($X), with a 6.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +2.3%.

Import Prices by Country

In 2021, the average telephonic switching apparatus import price amounted to $X per unit, shrinking by -26.9% against the previous year. Over the period under review, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2017 an increase of 21%. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for the United States amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-17.2%).

Source: IndexBox Platform

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