Price for Drawing, Marking-Out or Mathematical Calculating Instruments in the Dominican Republic - 2023
Contents:
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in the Dominican Republic (CIF) - 2022
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in the Dominican Republic (FOB) - 2022
- Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in the Dominican Republic
- Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in the Dominican Republic
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in the Dominican Republic (CIF) - 2022
The average import price for drawing, marking-out or mathematical calculating instrumentses stood at $0.5 per unit in 2022, which is down by -20.8% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for drawing, marking-out or mathematical calculating instrumentses increased by +51.9% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 85%. As a result, import price attained the peak level of $0.7 per unit, and then reduced markedly in the following year.
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 the United States ($3 per unit), while the price for Peru ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in the Dominican Republic (FOB) - 2022
In 2022, the average export price for drawing, marking-out or mathematical calculating instrumentses amounted to $0.8 per unit, declining by -65.2% against the previous year. Overall, the export price faced a sharp setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 86%. Over the period under review, the average export prices reached the peak figure at $9.7 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3 per unit), while the average price for exports to Trinidad and Tobago ($0.2 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 El Salvador (+13.4%), while the prices for the other major destinations experienced a decline.
Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in the Dominican Republic
In 2022, overseas purchases of drawing, marking-out or mathematical calculating instrumentses increased by 45% to 1.4M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt downturn. Over the period under review, imports of attained the peak figure at 1.9M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of drawing, marking-out or mathematical calculating instrumentses rose significantly to $747K in 2022. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Drawing, Marking-Out or Mathematical Calculating Instruments in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 491 | 444 | 292 | 488 | -0.2% |
| Mexico | 84.2 | 79.8 | 49.7 | 117 | 11.6% |
| United States | 77.9 | 61.7 | 257 | 71.3 | -2.9% |
| Peru | 21.8 | 8.2 | 10.7 | 28.2 | 9.0% |
| Others | 63.0 | 39.4 | 40.8 | 42.3 | -12.4% |
| Total | 738 | 633 | 650 | 747 | 0.4% |
Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to the Dominican Republic in 2022:
- China (1145.5K units)
- Mexico (108.8K units)
- Peru (102.3K units)
- United States (23.5K units)
Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in the Dominican Republic
In 2022, approx. 66K units of drawing, marking-out or mathematical calculating instrumentses were exported from the Dominican Republic; growing by 9.2% on 2021 figures. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 63%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of drawing, marking-out or mathematical calculating instrumentses reduced sharply to $50K in 2022. Overall, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 203% against the previous year. As a result, the exports reached the peak of $132K, and then declined remarkably in the following year.
| Export of Drawing, Marking-Out or Mathematical Calculating Instruments in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 2.5 | 2.0 | 3.6 | 11.5 | 66.3% |
| Colombia | 1.8 | 3.4 | 0.4 | 9.6 | 74.7% |
| Paraguay | 9.9 | 3.8 | N/A | 7.4 | -9.2% |
| Costa Rica | 5.4 | N/A | 1.3 | 4.6 | -5.2% |
| Bolivia | 14.9 | 14.2 | 14.7 | 3.8 | -36.6% |
| El Salvador | 5.7 | 3.3 | 3.2 | 2.3 | -26.1% |
| Trinidad and Tobago | 2.8 | 1.3 | 0.7 | 0.8 | -34.1% |
| United States | 19.5 | 6.8 | 99.3 | N/A | 125.7% |
| Others | 9.5 | 8.8 | 8.6 | 10.1 | 2.1% |
| Total | 72.0 | 43.5 | 132 | 50.1 | -11.4% |
Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from the Dominican Republic in 2022:
- Panama (18.8K units)
- Paraguay (16.0K units)
- Colombia (12.4K units)
- Costa Rica (4.0K units)
- Trinidad and Tobago (3.8K units)
- Bolivia (2.9K units)
- El Salvador (2.8K units)
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