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Dominican Republic - Vacuum Pumps - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVacuum Pump Price in the Dominican Republic - 2023
Contents:
- Vacuum Pump Price in the Dominican Republic (CIF) - 2022
- Vacuum Pump Price in the Dominican Republic (FOB) - 2022
- Vacuum Pump Imports in the Dominican Republic
- Vacuum Pump Exports in the Dominican Republic
Vacuum Pump Price in the Dominican Republic (CIF) - 2022
The average vacuum pump import price stood at $73 per unit in 2022, increasing by 6.6% against the previous year. Overall, the import price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 81%. As a result, import price attained the peak level of $416 per unit. From 2017 to 2022, the average import prices remained at a somewhat 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 the United States ($364 per unit), while the price for China ($21 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Vacuum Pump Price in the Dominican Republic (FOB) - 2022
The average vacuum pump export price stood at $99 per unit in 2022, waning by -68.8% against the previous year. Overall, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices attained the maximum at $433 per unit in 2014; however, from 2015 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 ($4,322 per unit), while the average price for exports to Turks and Caicos Islands ($10 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 Turks and Caicos Islands (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.
Vacuum Pump Imports in the Dominican Republic
For the fourth consecutive year, the Dominican Republic recorded growth in overseas purchases of vacuum pumps, which increased by 62% to 47K units in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 105% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, vacuum pump imports surged to $3.4M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Vacuum Pump in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 806 | 1,521 | 892 | 1,273 | 16.5% |
China | 339 | 667 | 522 | 813 | 33.9% |
Mexico | 85.0 | 68.9 | 28.9 | 459 | 75.4% |
Czech Republic | 9.3 | 27.1 | 8.0 | 48.9 | 73.9% |
United Kingdom | 36.8 | 34.4 | 20.6 | 6.6 | -43.6% |
Others | 621 | 598 | 523 | 840 | 10.6% |
Total | 1,897 | 2,916 | 1,994 | 3,440 | 21.9% |
Top Suppliers of Vacuum Pump to the Dominican Republic in 2022:
- China (38.6K units)
- United States (3.5K units)
- Mexico (2.2K units)
- Czech Republic (1.0K units)
- United Kingdom (0.2K units)
Vacuum Pump Exports in the Dominican Republic
In 2022, approx. 2.4K units of vacuum pumps were exported from the Dominican Republic; rising by 131% on 2021 figures. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, vacuum pump exports declined dramatically to $242K in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 185% against the previous year. As a result, the exports reached the peak of $337K, and then dropped rapidly in the following year.
Export of Vacuum Pump in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 58.4 | 50.6 | 99.2 | 207 | 52.5% |
Turks and Caicos Islands | 1.9 | 4.4 | 10.7 | 23.0 | 129.6% |
Costa Rica | 0.5 | 0.1 | 31.4 | 4.3 | 104.9% |
Cuba | 3.4 | 0.3 | 1.4 | 2.6 | -8.6% |
Italy | 5.3 | 33.3 | 3.2 | N/A | -22.3% |
Others | 21.6 | 29.5 | 191 | 4.7 | -39.9% |
Total | 91.1 | 118 | 337 | 242 | 38.5% |
Top Export Markets for Vacuum Pump from the Dominican Republic in 2022:
- Turks and Caicos Islands (2303.0 units)
- United States (48.0 units)
- Cuba (36.0 units)
- Costa Rica (33.0 units)
This report provides an in-depth analysis of the vacuum pump market in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28132170 - Rotary piston vacuum pumps, sliding vane rotary pumps, m olecular drag pumps, Roots pumps, diffusion pumps, c ryopumps and adsorption pumps
- Prodcom 28132190 - Liquid ring
Country coverage:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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