Dominican Republic: Tungsten Halogen Lamp Market 2025

Tungsten Halogen Lamp Market Size in the Dominican Republic

The Dominican tungsten halogen lamp market rose notably to $X in 2021, picking up by 5.1% 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). In general, consumption continues to indicate a precipitous decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Tungsten Halogen Lamp Exports

Exports from the Dominican Republic

In 2021, overseas shipments of tungsten halogen lamps increased by 10,028% to X units for the first time since 2017, thus ending a three-year declining trend. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 14,227% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, tungsten halogen lamp exports surged to $X in 2021. Over the period under review, exports recorded a significant increase. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for tungsten halogen lamp exports from the Dominican Republic, accounting for a 7.5% share of total exports. Moreover, tungsten halogen lamp exports to the United States exceeded the volume sent to the second major destination, Haiti (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +68.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (0.0% per year) and Venezuela (0.0% per year).

In value terms, the largest markets for tungsten halogen lamp exported from the Dominican Republic were the United States ($X), Haiti ($X) and Venezuela ($X), together comprising 95% of total exports.

Among the main countries of destination, the United States, with a CAGR of +60.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tungsten halogen lamp export price stood at $X per unit in 2021, declining by -31.7% against the previous year. Over the period under review, the export price saw a abrupt decline. The growth pace was the most rapid in 2014 an increase of 169% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average 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 Venezuela ($X per unit), while the average price for exports to the United States ($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 Canada (+9.4%).

Tungsten Halogen Lamp Imports

Imports into the Dominican Republic

Tungsten halogen lamp imports into the Dominican Republic rose rapidly to X units in 2021, increasing by 9.8% against 2020 figures. Over the period under review, imports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 95% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, tungsten halogen lamp imports surged to $X in 2021. Overall, imports, however, faced a dramatic descent. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main tungsten halogen lamp supplier to the Dominican Republic, accounting for a 115% share of total imports. Moreover, tungsten halogen lamp imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. Japan (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.2% per year) and Japan (-5.2% per year).

In value terms, China ($X) constituted the largest supplier of tungsten halogen lamps to the Dominican Republic, comprising 483% of total imports. The second position in the ranking was taken by the United States ($X), with a 121% share of total imports. It was followed by Japan, with a 25% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-9.0% per year) and Japan (-7.0% per year).

Import Prices by Country

In 2021, the average tungsten halogen lamp import price amounted to $X per unit, jumping by 22% against the previous year. Overall, the import price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 32%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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