Price for Electronic Integrated Circuits and Microassemblies in the Dominican Republic - 2023
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in the Dominican Republic (CIF) - 2022
- Price for Electronic Integrated Circuits and Microassemblies in the Dominican Republic (FOB) - 2022
- Imports of Electronic Integrated Circuits and Microassemblies in the Dominican Republic
- Exports of Electronic Integrated Circuits and Microassemblies in the Dominican Republic
Price for Electronic Integrated Circuits and Microassemblies in the Dominican Republic (CIF) - 2022
In 2021, the average import price for electronic integrated circuits and microassemblieses amounted to $2.3 per unit, growing by 20% against the previous year. Over the period under review, the import price, however, continues to indicate a deep setback. The growth pace was the most rapid in 2013 an increase of 1,054,195% against the previous year. As a result, import price reached the peak level of $56,512 per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.
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 the United States ($0.5 per unit), while the price for the UK ($0.1 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+8.0%), while the prices for the other major suppliers experienced a decline.
Price for Electronic Integrated Circuits and Microassemblies in the Dominican Republic (FOB) - 2022
The average export price for electronic integrated circuits and microassemblieses stood at $6.4 per unit in 2021, rising by 18% against the previous year. Overall, the export price, however, showed a deep setback. The pace of growth was the most pronounced in 2020 an increase of 341% against the previous year. The export price peaked at $15 per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($0.1 per unit), while the average price for exports to Italy totaled less than $0.1 per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-21.1%).
Imports of Electronic Integrated Circuits and Microassemblies in the Dominican Republic
In 2022, approx. 19K units of electronic integrated circuits and microassemblieses were imported into the Dominican Republic; which is down by -99.9% compared with 2021 figures. Over the period under review, imports saw a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 10% against the previous year. As a result, imports attained the peak of 37M units, and then fell dramatically in the following year.
In value terms, electronic integrated circuits and microassemblies imports fell markedly to $1.6M in 2022. In general, imports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of $86M, and then shrank remarkably in the following year.
| Import of Electronic Integrated Circuits and Microassemblies in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | 2.3 | 28.7 | 62.6 | 421.7% | |
| China | 0.8 | 11.6 | 10.5 | 262.3% | |
| Mexico | 1.3 | 14.1 | 8.9 | 161.7% | |
| United Kingdom | 0.4 | 2.0 | 0.5 | 11.8% | |
| Others | 69.3 | 8.4 | 3.1 | -78.8% | |
| Total | 74.1 | 64.8 | 85.7 | 7.5% | |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to the Dominican Republic in 2022:
- United States (120.1M units)
- China (32.0M units)
- Mexico (19.8M units)
- United Kingdom (6.6M units)
Exports of Electronic Integrated Circuits and Microassemblies in the Dominican Republic
In 2022, approx. 404K units of electronic integrated circuits and microassemblieses were exported from the Dominican Republic; reducing by -22.3% on the year before. Over the period under review, exports faced a dramatic setback. The smallest decline of -19.9% was in 2021. The exports peaked at 3.1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electronic integrated circuits and microassemblies exports rose remarkably to $3.8M in 2022. In general, exports recorded a relatively flat trend pattern. The exports peaked at $3.8M in 2019; afterwards, it flattened through to 2022.
| Export of Electronic Integrated Circuits and Microassemblies in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | 3.7 | 3.4 | 3.2 | -7.0% | |
| Italy | N/A | N/A | N/A | 0% | |
| Others | 0.1 | 0.1 | N/A | 0.0% | |
| Total | 3.8 | 3.5 | 3.3 | -6.8% | |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from the Dominican Republic in 2022:
- United States (29.7M units)
- Italy (1.0M units)
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