Report Update Nov 1, 2024

Dominican Republic - Bending or Assembling Machines - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Wood Bending Machine Market 2024

Wood Bending Machine Market Size in the Dominican Republic

The Dominican wood bending machine market surged to $X in 2021, growing by 26% against the previous year. Over the period under review, consumption saw a significant increase. Wood bending machine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Wood Bending Machine Production in the Dominican Republic

In value terms, wood bending machine production shrank modestly to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by 2.1%. Wood bending machine production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Wood Bending Machine Exports

Exports from the Dominican Republic

In 2021, exports of bending or assembling machines from the Dominican Republic stood at X units, approximately reflecting the year before. Over the period under review, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 88%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, wood bending machine exports surged to $X in 2021. Overall, exports continue to indicate a sharp decline. The growth pace was the most rapid in 2013 when exports increased by 99.9% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

From 2012 to 2021, the average annual growth rate of volume to No country was relatively modest.

In value terms, the United States ($X) also remains the key foreign market for bending or assembling machines exports from the Dominican Republic.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -55.4%.

Export Prices by Country

In 2020, the average wood bending machine export price amounted to $X per unit, reducing by -25% against the previous year. In general, the export price recorded a precipitous contraction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 4% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2020, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Haiti.

From 2013 to 2020, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Wood Bending Machine Imports

Imports into the Dominican Republic

Wood bending machine imports into the Dominican Republic surged to X units in 2021, with an increase of 65% against 2020. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2019 when imports increased by 736% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, wood bending machine imports reduced markedly to $X in 2021. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2013 when imports increased by 407%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Spain (X units) constituted the largest wood bending machine supplier to the Dominican Republic, accounting for a 69% share of total imports. Moreover, wood bending machine imports from Spain exceeded the figures recorded by the second-largest supplier, Mexico (X units), fourfold. China (X units) ranked third in terms of total imports with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain amounted to +65.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+39.1% per year) and China (+29.7% per year).

In value terms, Brazil ($X), Italy ($X) and China ($X) appeared to be the largest wood bending machine suppliers to the Dominican Republic, with a combined 90% share of total imports. Spain and Mexico lagged somewhat behind, together comprising a further 5.3%.

Spain, with a CAGR of +69.3%, saw the highest rates of growth with regard to 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 wood bending machine import price stood at $X per unit in 2021, falling by -65.4% against the previous year. In general, the import price showed a sharp setback. The pace of growth was the most pronounced in 2017 an increase of 68% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a 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 Brazil ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+22.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bending or assembling machines in the world?

South Africa constituted the country with the largest volume of wood bending machine consumption, accounting for 71% of total volume. Moreover, wood bending machine consumption in South Africa exceeded the figures recorded by the second-largest consumer, Brazil, fourfold. The United States ranked third in terms of total consumption with a 3.4% share.

What are the largest producers of bending or assembling machines in the world?

The countries with the highest volumes of wood bending machine production in 2021 were Austria, China and Germany, with a combined 48% share of global production.

What are the leading suppliers of bending or assembling machines to the Dominican Republic?

In value terms, Brazil constituted the largest supplier of wood bending machine to the Dominican Republic, comprising 57% of total imports. The second position in the ranking was occupied by Spain, with a 27% share of total imports. It was followed by China, with a 9.3% share.

What are the leading importers of bending or assembling machines from the Dominican Republic?

In value terms, the United States remains the key foreign market for wood bending machine exports from the Dominican Republic.

What is the average export price for bending or assembling machines in the Dominican Republic?

In 2018, the average wood bending machine export price amounted to $5,140 per unit, falling by -58.6% against the previous year.

What is the average import price for bending or assembling machines in the Dominican Republic?

In 2021, the average wood bending machine import price amounted to $6,512 per unit, dropping by -43.3% against the previous year.

This report provides an in-depth analysis of the wood bending machine 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 28491265 - Bending or assembling machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials

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.

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