Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the Dominican Republic - 2023

Contents:

  1. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the Dominican Republic (CIF) - 2022
  2. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the Dominican Republic (FOB) - 2022
  3. Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the Dominican Republic
  4. Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the Dominican Republic

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the Dominican Republic (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $24,696 per ton, picking up by 5.1% against the previous year. In general, the import price, however, saw a pronounced setback. The pace of growth was the most pronounced in 2021 an increase of 29% against the previous year. The import price peaked at $40,281 per ton in 2012; however, from 2013 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 Italy ($71,803 per ton), while the price for Panama ($4,364 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.8%), while the prices for the other major suppliers experienced a decline.

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the Dominican Republic (FOB) - 2022

The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $92,308 per ton in 2022, dropping by -49% against the previous year. Overall, the export price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 3,022% against the previous year. The export price peaked at $181,000 per ton in 2021, and then reduced rapidly in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($99,889 per ton), while the average price for exports to the United States totaled $75,250 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+17.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the Dominican Republic

After two years of decline, purchases abroad of machine-tools; parts and accessories, for the machines of heading no. 8464 increased by 107% to 38 tons in 2022. In general, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 soared to $932K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain12843.960.037643.2%
Italy12810549.117711.4%
United States10499.816915313.7%
China98.515410413912.2%
Germany7.3N/A11.440.076.3%
Others72.634.635.146.0-14.1%
Total53843742893220.1%

Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to the Dominican Republic in 2022:

  1. Spain (14.2 tons)
  2. China (9.2 tons)
  3. United States (9.0 tons)
  4. Italy (2.5 tons)
  5. Germany (1.5 tons)

Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the Dominican Republic

Exports of machine-tools; parts and accessories, for the machines of heading no. 8464 from the Dominican Republic surged to 13 kg in 2022, picking up by 550% against 2021 figures. Overall, exports, however, saw a dramatic curtailment.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 skyrocketed to $1.2K in 2022. Over the period under review, exports, however, saw a sharp setback.

Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8.32.10.40.9-52.3%
United StatesN/A0.4N/A0.3-13.4%
Cuba4.88.6N/AN/A79.2%
OthersN/A0.3N/AN/A0%
Total13.111.50.41.2-54.9%

Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from the Dominican Republic in 2022:

  1. Italy (9.0 kg)
  2. United States (4.0 kg)

Source: IndexBox Market Intelligence Platform

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