Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Dominican Republic - 2023

Contents:

1. Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Dominican Republic (CIF) - 2023
2. Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Dominican Republic (FOB) - 2022
3. Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Dominican Republic
4. Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Dominican Republic

Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Dominican Republic (CIF) - 2023

The average import price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s stood at $4.3 per unit in March 2023, growing by 126% against the previous month. In general, the import price showed a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From March 2022 to March 2023, the rate of growth in terms of prices for China amounted to +6.3% per month.

Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Dominican Republic (FOB) - 2022

The average export price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s stood at $22 per unit in 2022, with a decrease of -42.4% against the previous year. In general, the export price saw a pronounced shrinkage. The growth pace was the most rapid in 2014 an increase of 48%. The export price peaked at $40 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($36 per unit), while the average price for exports to Turks and Caicos Islands ($1.5 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 UK (+60.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Dominican Republic

In 2022, the amount of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s imported into the Dominican Republic skyrocketed to 693K units, picking up by 452% compared with 2021 figures. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s soared to $2.7M in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) to the Dominican Republic in 2022:

1. China (680.5K units)
2. United States (5.6K units)

Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in the Dominican Republic

Exports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s from the Dominican Republic surged to 2.1K units in 2022, rising by 250% compared with 2021 figures. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s soared to $46K in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 157%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) from the Dominican Republic in 2022:

1. United States (659.0 units)
2. Haiti (588.0 units)
3. Bahamas (440.0 units)
4. Cuba (290.0 units)
5. Turks and Caicos Islands (100.0 units)

Source: IndexBox Market Intelligence Platform