Price for Turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW in the Dominican Republic - 2023

Contents:

1. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in the Dominican Republic (CIF) - 2022
2. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in the Dominican Republic (FOB) - 2022
3. Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in the Dominican Republic
4. Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in the Dominican Republic

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in the Dominican Republic (CIF) - 2022

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $8,416 per unit, picking up by 134% against the previous year. Over the period under review, the import price, however, saw a abrupt decrease. Over the period under review, average import prices hit record highs at $51,536 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($37,029 per unit), while the price for France ($132 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.5%), while the prices for the other major suppliers experienced a decline.

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in the Dominican Republic (FOB) - 2022

The average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $5,254 per unit in 2022, increasing by 245% against the previous year. Over the period under review, the export price, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2015 an increase of 2,461%. The export price peaked at $22,738 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Cuba amounted to +36.1% per year.

Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in the Dominican Republic

For the third consecutive year, the Dominican Republic recorded decline in overseas purchases of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW, which decreased by -35.3% to 11 units in 2022. Overall, imports continue to indicate a significant decrease. The smallest decline of -15% was in 2021. Imports peaked at 27 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW surged to $93K in 2022. In general, imports recorded a sharp decrease. Over the period under review, imports of reached the peak figure at $538K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW to the Dominican Republic in 2022:

1. France (3.0 units)
2. China (3.0 units)
3. Brazil (2.0 units)
4. Italy (1.0 units)
5. United States (1.0 units)
6. Spain (1.0 units)

Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in the Dominican Republic

In 2022, overseas shipments of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW decreased by 0% to 2 units, falling for the second consecutive year after two years of growth. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 350% against the previous year. As a result, the exports reached the peak of 9 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW surged to $11K in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 2,467%. As a result, the exports reached the peak of $18K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW from the Dominican Republic in 2022:

1. United States (2.0 units)

Source: IndexBox Market Intelligence Platform