Report Update Nov 1, 2024

Dominican Republic - Bulldozers and Angle Dozers - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Bulldozer Market 2024

Bulldozer Market Size in the Dominican Republic

The Dominican bulldozer market skyrocketed to $X in 2022, growing by 39% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed tangible growth. Bulldozer consumption peaked in 2022 and is likely to continue growth in years to come.

Bulldozer Exports

Exports from the Dominican Republic

In 2022, the amount of bulldozers and angle dozers exported from the Dominican Republic declined remarkably to X units, which is down by -50% compared with 2021 figures. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of 600% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, bulldozer exports amounted to $X in 2022. Over the period under review, exports recorded a mild descent. The pace of growth appeared the most rapid in 2018 with an increase of 2,064%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Haiti (X units) was the main destination for bulldozer exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Haiti was relatively modest.

In value terms, the United States ($X) remains the key foreign market for bulldozers and angle dozers exports from the Dominican Republic, comprising 85% of total exports. The second position in the ranking was taken by Haiti ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +24.9%.

Export Prices by Country

The average bulldozer export price stood at $X per unit in 2022, with an increase of 104% against the previous year. Over the period under review, the export price saw strong growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 209%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +42.0% per year.

Bulldozer Imports

Imports into the Dominican Republic

Bulldozer imports into the Dominican Republic skyrocketed to X units in 2022, increasing by 30% compared with 2021. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 145%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, bulldozer imports soared to $X in 2022. Over the period under review, imports recorded a measured expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 127% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of bulldozer to the Dominican Republic, with a 78% share of total imports. Moreover, bulldozer imports from the United States exceeded the figures recorded by the second-largest supplier, Japan (X units), eightfold. The third position in this ranking was held by Brazil (X units), with a 5.8% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+2.3% per year) and Brazil (-5.0% per year).

In value terms, the United States ($X) constituted the largest supplier of bulldozers and angle dozers to the Dominican Republic, comprising 56% of total imports. The second position in the ranking was held by Brazil ($X), with a 22% share of total imports. It was followed by Japan, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+8.7% per year) and Japan (+4.6% per year).

Import Prices by Country

The average bulldozer import price stood at $X per unit in 2022, picking up by 7% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bulldozer import price increased by +35.8% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 52%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bulldozers and angle dozers in the world?

The countries with the highest volumes of in 2021 were Japan, Sweden and Spain, with a combined 25% share of global consumption. These countries were followed by South Africa, Portugal, Chile, France, South Korea, Ireland, the Netherlands, Russia, Thailand and Australia, which together accounted for a further 35%.

What are the largest producers of bulldozers and angle dozers in the world?

The country with the largest volume of bulldozer production was Japan, comprising approx. 30% of total volume. Moreover, bulldozer production in Japan exceeded the figures recorded by the second-largest producer, Sweden, threefold. France ranked third in terms of total production with an 11% share.

What are the leading suppliers of bulldozers and angle dozers to the Dominican Republic?

In value terms, Brazil constituted the largest supplier of bulldozer to the Dominican Republic, comprising 43% of total imports. The second position in the ranking was occupied by China, with a 15% share of total imports. It was followed by Panama, with a 14% share.

What are the leading importers of bulldozers and angle dozers from the Dominican Republic?

In value terms, Haiti remains the key foreign market for bulldozer exports from the Dominican Republic.

What is the average export price for bulldozers and angle dozers in the Dominican Republic?

In 2021, the average bulldozer export price amounted to $6,398 per unit, which is down by -43.9% against the previous year.

What is the average import price for bulldozers and angle dozers in the Dominican Republic?

In 2021, the average bulldozer import price amounted to $60,320 per unit, growing by 31% against the previous year.

This report provides an in-depth analysis of the bulldozer 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 28922130 - Crawler dozers (excluding wheeled)
Prodcom 28922150 - Wheeled dozers (excluding track-laying)

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