Dominican Republic - Medical, Surgical Or Veterinary Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMedical Furniture Price in the Dominican Republic - 2023
Contents:
- Medical Furniture Price in the Dominican Republic (CIF) - 2023
- Medical Furniture Price in the Dominican Republic (FOB) - 2022
- Medical Furniture Imports in the Dominican Republic
- Medical Furniture Exports in the Dominican Republic
Medical Furniture Price in the Dominican Republic (CIF) - 2023
The average medical furniture import price stood at $13.7 per unit in March 2023, picking up by 17% against the previous month. In general, the import price, however, recorded a noticeable contraction. Over the period under review, average import prices hit record highs at $14.8 per unit in January 2023; however, from February 2023 to March 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($22.9 per unit), while the price for China ($8.1 per unit) was amongst the lowest.
From January 2023 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Medical Furniture Price in the Dominican Republic (FOB) - 2022
In 2022, the average medical furniture export price amounted to $137 per unit, increasing by 559% against the previous year. In general, the export price posted a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +12.4% per year.
Medical Furniture Imports in the Dominican Republic
In 2022, medical furniture imports into the Dominican Republic surged to 560K units, picking up by 76% on the previous year. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, medical furniture imports soared to $6.8M in 2022. In general, imports, however, saw a drastic downturn. Over the period under review, imports hit record highs at $9.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Medical Furniture in the Dominican Republic (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.8 | 3.5 | 1.8 | 2.8 | -9.7% |
United States | 2.8 | 3.7 | 2.1 | 2.7 | -1.2% |
Spain | 0.1 | 0.7 | 0.2 | 0.3 | 44.2% |
Turkey | N/A | 0.3 | 0.2 | 0.2 | -18.4% |
Poland | 2.0 | N/A | 0.1 | N/A | -77.6% |
Others | 0.6 | 0.4 | 0.7 | 0.8 | 10.1% |
Total | 9.2 | 8.6 | 5.0 | 6.8 | -9.6% |
Top Suppliers of Medical Furniture to the Dominican Republic in 2022:
- United States (309.5K units)
- China (213.3K units)
- Spain (9.0K units)
- Turkey (8.5K units)
Medical Furniture Exports in the Dominican Republic
In 2022, after three years of growth, there was significant decline in shipments abroad of medical, surgical or veterinary furniture, when their volume decreased by -84.4% to 9.2K units. Over the period under review, exports saw a precipitous descent. The pace of growth appeared the most rapid in 2020 with an increase of 91% against the previous year. Over the period under review, the exports reached the peak figure at 59K units in 2021, and then shrank sharply in the following year.
In value terms, medical furniture exports rose slightly to $1.3M in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 258%. As a result, the exports reached the peak of $1.3M; afterwards, it flattened through to 2022.
Export of Medical Furniture in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 42.5 | 111 | 7.5 | 1,263 | 209.7% |
Haiti | 165 | 38.9 | 68.2 | N/A | -35.7% |
United States | 19.9 | 277 | 398 | N/A | 347.2% |
Panama | 0.1 | 798 | 743 | N/A | 8519.7% |
Cuba | 118 | 50.8 | 2.0 | N/A | -87.0% |
Others | 16.2 | 22.0 | 10.5 | N/A | -19.5% |
Total | 362 | 1,297 | 1,228 | 1,263 | 51.7% |
Top Export Markets for Medical Furniture from the Dominican Republic in 2022:
- United Arab Emirates (9.2K units)
This report provides an in-depth analysis of the medical furniture market 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 32503050 - Medical, surgical or veterinary furniture, and parts thereof (excluding tables and seats specialised for X-ray purposes)
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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Explore the top import markets for medical furniture in 2023 and discover the countries driving the global demand for quality healthcare products.
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