Report Update Nov 1, 2024

Dominican Republic - Band Saw Blades - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Band Saw Blade Market 2024

Band Saw Blade Market Size in the Dominican Republic

In 2021, the Dominican band saw blade market increased by 145% to $X, rising for the second year in a row after three years of decline. In general, consumption continues to indicate a resilient increase. Band saw blade consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Band Saw Blade Exports

Exports from the Dominican Republic

In 2021, overseas shipments of band saw blades decreased by -49.3% to X tons, falling for the second consecutive year after eight years of growth. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 162%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, band saw blade exports reduced remarkably to $X in 2021. In general, exports, however, showed mild growth. The pace of growth was the most pronounced in 2019 with an increase of 90%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Venezuela (X tons), Costa Rica (X tons) and Panama (X kg) were the main destinations of band saw blade exports from the Dominican Republic, together accounting for 99% of total exports.

From 2012 to 2021, the biggest increases were recorded for Costa Rica (with a CAGR of +31.4%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Venezuela ($X) remains the key foreign market for band saw blades exports from the Dominican Republic, comprising 61% of total exports. The second position in the ranking was taken by Panama ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Venezuela stood at +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+1.2% per year) and Costa Rica (+12.9% per year).

Export Prices by Country

The average band saw blade export price stood at $X per ton in 2021, dropping by -11% against the previous year. In general, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 a decrease of -3.9%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+28.2%), while the prices for the other major destinations experienced a decline.

Band Saw Blade Imports

Imports into the Dominican Republic

In 2021, band saw blade imports into the Dominican Republic surged to X tons, rising by 127% against the year before. Overall, imports recorded a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, band saw blade imports skyrocketed to $X in 2021. Over the period under review, imports saw a buoyant increase. The growth pace was the most rapid in 2014 when imports increased by 116% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of band saw blade to the Dominican Republic, with a 35% share of total imports. Moreover, band saw blade imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +28.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.2% per year) and Italy (+62.5% per year).

In value terms, the largest band saw blade suppliers to the Dominican Republic were the United States ($X), China ($X) and Mexico ($X), with a combined 64% share of total imports. These countries were followed by Italy, the UK, Panama and Brazil, which together accounted for a further 17%.

Italy, with a CAGR of +48.8%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average band saw blade import price stood at $X per ton in 2021, declining by -11.1% against the previous year. Over the period under review, the import price saw a noticeable decline. The pace of growth appeared the most rapid in 2014 when the average import price increased by 5.2% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+11.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for band saw blades in the world?

China remains the largest band saw blade consuming country worldwide, accounting for 29% of total volume. Moreover, band saw blade consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by India, with a 9.6% share.

What are the largest producers of band saw blades in the world?

The country with the largest volume of band saw blade production was China, accounting for 29% of total volume. Moreover, band saw blade production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Germany, with a 10% share.

What are the leading suppliers of band saw blades to the Dominican Republic?

In value terms, the United States, Mexico and China appeared to be the largest band saw blade suppliers to the Dominican Republic, with a combined 68% share of total imports. Italy, Brazil, the UK, Panama and Spain lagged somewhat behind, together accounting for a further 26%.

What are the leading importers of band saw blades from the Dominican Republic?

In value terms, the United States emerged as the key foreign market for band saw blade exports from the Dominican Republic, comprising 71% of total exports. The second position in the ranking was occupied by Costa Rica, with a 16% share of total exports.

What is the average export price for band saw blades in the Dominican Republic?

In 2021, the average band saw blade export price amounted to $43,613 per ton, picking up by 34% against the previous year.

What is the average import price for band saw blades in the Dominican Republic?

The average band saw blade import price stood at $13,105 per ton in 2021, declining by -8.4% against the previous year.

This report provides an in-depth analysis of the band saw blade 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 25732020 - Band saw blades

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:

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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:

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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023