Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the Dominican Republic - 2023

Contents:

  1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the Dominican Republic (CIF) - 2022
  2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the Dominican Republic (FOB) - 2022
  3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the Dominican Republic
  4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the Dominican Republic

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the Dominican Republic (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $44,064 per ton, increasing by 42% against the previous year. Overall, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 79%. Over the period under review, average import prices reached the peak figure at $106,949 per ton in 2012; however, from 2013 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 Denmark ($179,337 per ton), while the price for Switzerland ($16,233 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+4.7%), while the prices for the other major suppliers experienced a decline.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the Dominican Republic (FOB) - 2022

The average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $18,992 per ton in 2022, reducing by -32.4% against the previous year. Over the period under review, the export price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of 2,198% against the previous year. The export price peaked at $88,292 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($23,370 per ton), while the average price for exports to Haiti amounted to $16,419 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.9%).

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the Dominican Republic

In 2022, overseas purchases of machine-tools; parts and accessories, tool holders and self-opening dieheadses were finally on the rise to reach 7 tons after two years of decline. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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, tool holders and self-opening dieheadses soared to $310K in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.10.215.2115371.1%
China81.128.051.765.8-6.7%
United States25.434.931.734.811.1%
Denmark0.54.229.429.8290.6%
Germany11.04.26.822.627.1%
Spain3.71.90.917.969.1%
Switzerland0.40.5N/A5.0132.1%
BrazilN/A12.08.7N/A-27.5%
Others11.85.17.019.418.0%
Total13591.015231031.9%

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to the Dominican Republic in 2022:

  1. China (3238.0 kg)
  2. Italy (1972.0 kg)
  3. Germany (428.0 kg)
  4. United States (385.0 kg)
  5. Switzerland (309.0 kg)
  6. Spain (223.0 kg)
  7. Denmark (166.0 kg)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the Dominican Republic

After three years of growth, shipments abroad of machine-tools; parts and accessories, tool holders and self-opening dieheadses decreased by -96.4% to 128 kg in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 12,700% against the previous year.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses fell markedly to $2.4K in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 17,682% against the previous year.

Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A3.099.71.7-24.7%
HaitiN/A3.0N/A0.7-51.7%
MexicoN/AN/A0.6N/A0%
OthersN/AN/AN/AN/A0%
TotalN/A6.01002.4-36.8%

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from the Dominican Republic in 2022:

  1. United States (73.0 kg)
  2. Haiti (43.0 kg)

Source: IndexBox Market Intelligence Platform

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