Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the Dominican Republic - 2023
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the Dominican Republic (CIF) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the Dominican Republic (FOB) - 2022
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the Dominican Republic
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the Dominican Republic
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the Dominican Republic (CIF) - 2022
In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $267 thousand per unit, waning by -33.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 75%. The import price peaked at $622 thousand per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 Germany ($438 thousand per unit), while the price for Mexico ($26 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+118.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the Dominican Republic (FOB) - 2022
In 2022, the average export price for turbo-jets, turbo-propellers and other gas turbineses amounted to $150 thousand per unit, increasing by 819% against the previous year. In general, the export price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 910% against the previous year. Over the period under review, the average export prices attained the peak figure at $454 thousand per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($719 thousand per unit), while the average price for exports to France ($20 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 (+577.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the Dominican Republic
Imports of turbo-jets, turbo-propellers and other gas turbineses into the Dominican Republic surged to 242 units in 2022, jumping by 126% compared with the previous year's figure. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses soared to $65M in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 68% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.2 | 10.5 | 27.7 | 47.1 | 56.9% |
| Italy | N/A | 0.2 | 1.2 | 6.4 | 465.7% |
| Japan | 1.0 | 4.0 | 1.8 | 5.9 | 80.7% |
| Switzerland | 2.1 | 3.1 | 1.5 | 2.2 | 1.6% |
| Germany | 4.9 | 15.7 | 10.1 | 1.3 | -35.7% |
| India | 1.4 | 0.1 | 0.3 | 0.7 | -20.6% |
| Mexico | N/A | 2.6 | N/A | N/A | 0% |
| Others | 1.1 | 1.9 | 0.3 | 1.0 | -3.1% |
| Total | 22.7 | 38.1 | 42.8 | 64.6 | 41.7% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to the Dominican Republic in 2022:
- United States (155.0 units)
- Italy (39.0 units)
- Japan (18.0 units)
- Switzerland (6.0 units)
- India (3.0 units)
- Germany (3.0 units)
- Mexico (1.0 units)
Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the Dominican Republic
In 2022, shipments abroad of turbo-jets, turbo-propellers and other gas turbineses decreased by -28.6% to 5 units, falling for the second year in a row after two years of growth. In general, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 200% against the previous year. As a result, the exports attained the peak of 12 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses soared to $752K in 2022. Overall, exports, however, enjoyed a significant increase. The exports peaked at $2.5M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 398 | 1,138 | 96.3 | 719 | 21.8% |
| Cuba | 1.3 | N/A | 0.6 | 29.3 | 182.5% |
| Haiti | 2.3 | 2.8 | 15.3 | 3.3 | 12.8% |
| Turks and Caicos Islands | N/A | N/A | N/A | 0.3 | 0% |
| New Zealand | N/A | 6.1 | N/A | N/A | 0% |
| Japan | 7.2 | N/A | N/A | N/A | 0% |
| Jamaica | N/A | 1.7 | N/A | N/A | 0% |
| Guyana | N/A | N/A | N/A | N/A | 0% |
| Germany | N/A | 1,339 | N/A | N/A | 0% |
| France | N/A | 0.2 | N/A | N/A | 0% |
| Mexico | N/A | 0.3 | 2.1 | N/A | 600.0% |
| Canada | N/A | 0.1 | N/A | N/A | 0% |
| Brazil | N/A | N/A | 0.2 | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 409 | 2,489 | 115 | 752 | 22.5% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from the Dominican Republic in 2022:
- United States (1.0 units)
- Haiti (1.0 units)
- Cuba (1.0 units)
- Turks and Caicos Islands (1.0 units)
- France (1.0 units)
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