Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the Dominican Republic - 2023
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the Dominican Republic (CIF) - 2022
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the Dominican Republic
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the Dominican Republic (CIF) - 2022
The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $6,365 per unit in 2022, dropping by -10.6% against the previous year. Over the period under review, the import price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 391% against the previous year. The import price peaked at $10,233 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Colombia ($8,675 per unit), while the price for China ($4,721 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+533.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the Dominican Republic
After two years of growth, supplies from abroad of casting machines; of a kind used in metallurgy or in metal foundrieses decreased by -82.4% to 3 units in 2022. Over the period under review, imports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 113%. As a result, imports reached the peak of 17 units, and then declined remarkably in the following year.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses declined dramatically to $19K in 2022. In general, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 835% against the previous year. As a result, imports attained the peak of $121K, and then declined remarkably in the following year.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Colombia | N/A | N/A | 8.7 | 0% | |
| Italy | 0.9 | 7.5 | 5.7 | 151.7% | |
| China | 0.1 | 0.1 | 4.7 | 585.6% | |
| Spain | 6.7 | 36.1 | N/A | 438.8% | |
| Germany | 0.5 | 6.8 | N/A | 1260.0% | |
| United States | 0.3 | 6.0 | N/A | 1900.0% | |
| Greece | 4.2 | 63.3 | N/A | 1407.1% | |
| Brazil | 0.2 | 1.2 | N/A | 500.0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 12.9 | 121 | 19.1 | 21.7% | |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to the Dominican Republic in 2022:
- China (1.0 units)
- Italy (1.0 units)
- Colombia (1.0 units)
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