Dominican Republic: Television Receiver Market 2025

Television Receiver Market Size in the Dominican Republic

The Dominican television receiver market expanded slightly to $X in 2022, growing by 2.7% 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, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 -0.6% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Television Receiver Exports

Exports from the Dominican Republic

In 2022, approx. X units of television receivers were exported from the Dominican Republic; rising by 521% compared with the year before. Overall, exports, however, showed a deep downturn. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, television receiver exports soared to $X in 2022. Over the period under review, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 231%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Guatemala (X units) was the main destination for television receiver exports from the Dominican Republic, with a 95% share of total exports. It was followed by the United States (X units), with a 2.6% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Guatemala stood at +92.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-21.0% per year) and Venezuela (-39.6% per year).

In value terms, Guatemala ($X) emerged as the key foreign market for television receivers exports from the Dominican Republic, comprising 74% of total exports. The second position in the ranking was taken by the United States ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Guatemala stood at +72.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-11.5% per year) and Venezuela (-33.4% per year).

Export Prices by Country

The average television receiver export price stood at $X per unit in 2022, falling by -75.4% against the previous year. In general, the export price showed a pronounced curtailment. The pace of growth was the most pronounced in 2017 when the average export price increased by 140%. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Guatemala ($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 the United States (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Television Receiver Imports

Imports into the Dominican Republic

Television receiver imports into the Dominican Republic stood at X units in 2022, growing by 2.2% against the previous year's figure. In general, imports enjoyed noticeable growth. The pace of growth was the most pronounced in 2015 when imports increased by 105%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, television receiver imports totaled $X in 2022. The total import value increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 39%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest television receiver supplier to the Dominican Republic, accounting for a 89% share of total imports. Moreover, television receiver imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +7.3%.

In value terms, China ($X) constituted the largest supplier of television receivers to the Dominican Republic, comprising 69% of total imports. The second position in the ranking was taken by Mexico ($X), with a 27% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +6.6%.

Import Prices by Country

The average television receiver import price stood at $X per unit in 2022, increasing by 2.5% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 74%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Mexico ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.4%).

Source: IndexBox Platform

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