Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Dominican Republic - 2023

Contents:

  1. Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Dominican Republic (CIF) - 2022
  2. Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Dominican Republic (FOB) - 2022
  3. Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Dominican Republic
  4. Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Dominican Republic

Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Dominican Republic (CIF) - 2022

In 2022, the average import price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses amounted to $45 thousand per unit, waning by -41.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2019 an increase of 72% against the previous year. As a result, import price attained the peak level of $159 thousand per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($46 thousand per unit) and Mexico ($46 thousand per unit), while the price for Colombia ($45 thousand per unit) and Japan ($45 thousand per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-8.4%), while the prices for the other major suppliers experienced a decline.

Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Dominican Republic (FOB) - 2022

In 2022, the average export price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses amounted to $1.2 thousand per unit, jumping by 27% against the previous year. Overall, the export price, however, showed a abrupt descent. The export price peaked at $2.6 thousand per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($1.7 thousand per unit), while the average price for exports to Chile ($278 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 Mexico (-4.0%), while the prices for the other major destinations experienced a decline.

Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Dominican Republic

In 2022, approx. 2.3K units of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses were imported into the Dominican Republic; increasing by 114% compared with 2021 figures. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses skyrocketed to $105M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States32.432.343.546.412.7%
China12.312.417.421.219.9%
Germany3.92.53.14.87.2%
Italy4.73.64.14.70.0%
Mexico3.33.33.44.17.5%
Canada1.11.81.83.445.7%
Spain4.02.21.73.4-5.3%
Colombia0.90.51.03.354.2%
Japan2.61.72.63.16.0%
Brazil1.60.80.51.95.9%
Others5.73.64.68.916.0%
Total72.564.883.710513.1%

Top Suppliers of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators to the Dominican Republic in 2022:

  1. United States (1020.0 units)
  2. China (465.0 units)
  3. Germany (105.0 units)
  4. Italy (104.0 units)
  5. Mexico (89.0 units)
  6. Spain (75.0 units)
  7. Canada (74.0 units)
  8. Colombia (74.0 units)
  9. Japan (68.0 units)
  10. Brazil (41.0 units)

Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Dominican Republic

After three years of growth, shipments abroad of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses decreased by -41.7% to 1.1K units in 2022. In general, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 70% against the previous year. As a result, the exports attained the peak of 2K units, and then contracted remarkably in the following year.

In value terms, exports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses shrank remarkably to $1.3M in 2022. Over the period under review, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. As a result, the exports reached the peak of $1.8M, and then fell dramatically in the following year.

Export of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico93.2N/A12.229747.2%
Haiti657391443273-25.4%
United States377280501245-13.4%
South AfricaN/AN/AN/A2160%
Cuba19673553283.2-24.8%
Chile2.5N/AN/A24.2113.1%
Colombia47.6N/A1520.1-87.2%
Saudi ArabiaN/AN/A10.4N/A0%
Others1831501411921.6%
Total1,5571,5561,7911,331-5.1%

Top Export Markets for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators from the Dominican Republic in 2022:

  1. Haiti (255.0 units)
  2. United States (228.0 units)
  3. South Africa (202.0 units)
  4. Mexico (175.0 units)
  5. Chile (87.0 units)
  6. Cuba (78.0 units)
  7. Colombia (1.0 units)

Source: IndexBox Market Intelligence Platform

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