Dominican Republic: Video Monitor Market 2025

Video Monitor Market Size in the Dominican Republic

The Dominican video monitor market expanded markedly to $X in 2021, with an increase of 14% 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). Over the period under review, consumption recorded a pronounced expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Video Monitor Exports

Exports from the Dominican Republic

In 2021, video monitor exports from the Dominican Republic shrank rapidly to X units, which is down by -91.7% compared with 2020. In general, exports, however, showed perceptible growth. The pace of growth appeared the most rapid in 2013 with an increase of 977%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, video monitor exports shrank sharply to $X in 2021. Overall, exports, however, saw pronounced growth. The pace of growth appeared the most rapid in 2013 when exports increased by 526% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Bolivia (X units), the United States (X units) and Haiti (X units) were the main destinations of video monitor exports from the Dominican Republic, with a combined 70% share of total exports. Costa Rica, Canada, El Salvador, Cuba and Mexico lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Costa Rica (with a CAGR of +19.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for video monitor exported from the Dominican Republic were the United States ($X), Haiti ($X) and Cuba ($X), together comprising 76% of total exports. These countries were followed by Canada, Bolivia, Mexico, Costa Rica and El Salvador, which together accounted for a further 13%.

Canada, with a CAGR of +62.1%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average video monitor export price stood at $X per unit in 2021, jumping by 20% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 68% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Cuba ($X per unit), while the average price for exports to Bolivia ($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 Mexico (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Video Monitor Imports

Imports into the Dominican Republic

In 2021, approx. X units of video monitors were imported into the Dominican Republic; approximately equating the year before. In general, imports recorded a tangible increase. The growth pace was the most rapid in 2017 with an increase of 87%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, video monitor imports surged to $X in 2021. Overall, total imports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 73%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), the United States (X units) and Portugal (X units) were the main suppliers of video monitor imports to the Dominican Republic, together accounting for 97% of total imports.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +127.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of video monitors to the Dominican Republic, comprising 61% of total imports. The second position in the ranking was held by the United States ($X), with a 23% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.3% per year) and Portugal (+100.7% per year).

Import Prices by Country

In 2021, the average video monitor import price amounted to $X per unit, surging by 28% against the previous year. Overall, the import price, however, continues to indicate a noticeable descent. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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