Dominican Republic - Grinding, Sanding Or Polishing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Grinding, Sanding and Polishing Machine in the Dominican Republic - 2023
Contents:
- Price for Grinding, Sanding and Polishing Machine in the Dominican Republic (CIF) - 2022
- Price for Grinding, Sanding and Polishing Machine in the Dominican Republic (FOB) - 2022
- Imports of Grinding, Sanding and Polishing Machine in the Dominican Republic
- Exports of Grinding, Sanding and Polishing Machine in the Dominican Republic
Price for Grinding, Sanding and Polishing Machine in the Dominican Republic (CIF) - 2022
In 2022, the average import price for grinding, sanding and polishing machines amounted to $3,751 per unit, shrinking by -20.6% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 187%. Over the period under review, average import prices reached the peak figure at $6,523 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($510,682 per unit), while the price for China ($1,968 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+162.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Grinding, Sanding and Polishing Machine in the Dominican Republic (FOB) - 2022
In 2022, the average export price for grinding, sanding and polishing machines amounted to $138 per unit, jumping by 19% against the previous year. In general, the export price, however, recorded a significant contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 19%. The export price peaked at $1,390 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($422 per unit), while the average price for exports to Turks and Caicos Islands ($12 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 (-10.9%), while the prices for the other major destinations experienced a decline.
Imports of Grinding, Sanding and Polishing Machine in the Dominican Republic
In 2022, approx. 116 units of grinding, sanding and polishing machines were imported into the Dominican Republic; dropping by -24.7% compared with the year before. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 431%. As a result, imports attained the peak of 154 units, and then declined notably in the following year.
In value terms, grinding, sanding and polishing machine imports declined markedly to $435K in 2022. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 408% against the previous year. As a result, imports reached the peak of $727K, and then contracted markedly in the following year.
| Import of Grinding, Sanding and Polishing Machine in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 46.2 | 64.1 | 433 | 211 | 65.9% |
| Mexico | 17.2 | 14.2 | 57.1 | 27.8 | 17.4% |
| United States | 24.8 | 43.4 | 85.8 | 15.7 | -14.1% |
| Others | 15.0 | 21.3 | 151 | 181 | 129.4% |
| Total | 103 | 143 | 727 | 435 | 61.6% |
Top Suppliers of Grinding, Sanding and Polishing Machine to the Dominican Republic in 2022:
- China (107.0 units)
- Mexico (7.0 units)
Exports of Grinding, Sanding and Polishing Machine in the Dominican Republic
After three years of growth, overseas shipments of grinding, sanding and polishing machines decreased by -9.1% to 30 units in 2022. The total export volume increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 27% against the previous year. The exports peaked at 33 units in 2021, and then dropped in the following year.
In value terms, grinding, sanding and polishing machine exports expanded notably to $4.1K in 2022. In general, exports faced a sharp decline. Over the period under review, the exports hit record highs at $9.6K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Grinding, Sanding and Polishing Machine in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 3.0 | 3.1 | 1.9 | 1.8 | -15.7% |
| Spain | 4.2 | N/A | 1.0 | 1.1 | -36.0% |
| United States | 1.5 | 0.7 | 0.2 | 0.4 | -35.6% |
| Cuba | 0.1 | N/A | 0.3 | 0.2 | 26.0% |
| Turks and Caicos Islands | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.7 | 0.4 | 0.4 | 0.5 | -10.6% |
| Total | 9.6 | 4.4 | 3.8 | 4.1 | -24.7% |
Top Export Markets for Grinding, Sanding and Polishing Machine from the Dominican Republic in 2022:
- Haiti (18.0 units)
- Turks and Caicos Islands (10.0 units)
- United States (1.0 units)
This report provides an in-depth analysis of the market for grinding, sanding and polishing machine in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28491263 - Grinding, sanding or polishing machines for working wood, c ork, bone, hard rubber, hard plastics or similar hard materials
Country coverage:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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