Report Update Nov 1, 2024

Dominican Republic - Coal or Rock Cutters and Tunnelling Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Rock Cutter Market 2024

Rock Cutter Market Size in the Dominican Republic

The Dominican rock cutter market contracted significantly to $X in 2022, dropping by -76.4% 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, however, saw temperate growth. Over the period under review, the market hit record highs at $X in 2021, and then shrank dramatically in the following year.

Rock Cutter Exports

Exports from the Dominican Republic

In 2018, rock cutter exports from the Dominican Republic fell sharply to X units, which is down by -75% against the previous year's figure. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 300%. Over the period under review, the exports hit record highs at X units in 2017, and then shrank markedly in the following year.

In value terms, rock cutter exports declined remarkably to $X in 2018. Overall, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2016 with an increase of 332% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2018, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for rock cutter exports from the Dominican Republic, with a approx. 100% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to France was relatively modest.

In value terms, France ($X) emerged as the key foreign market for coal or rock cutters and tunnelling machinery exports from the Dominican Republic.

From 2012 to 2018, the average annual growth rate of value to France was relatively modest.

Export Prices by Country

The average rock cutter export price stood at $X per unit in 2018, waning by -88.4% against the previous year. Over the period under review, the export price continues to indicate a precipitous descent. The growth pace was the most rapid in 2016 when the average export price increased by 8.1%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2018, the average export prices remained at a lower figure.

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

From 2012 to 2018, the rate of growth in terms of prices for Haiti amounted to -55.2% per year.

Rock Cutter Imports

Imports into the Dominican Republic

In 2022, the amount of coal or rock cutters and tunnelling machinery imported into the Dominican Republic contracted remarkably to X units, with a decrease of -81.6% compared with the previous year's figure. Overall, imports continue to indicate a mild reduction. The pace of growth was the most pronounced in 2013 when imports increased by 288%. Over the period under review, imports attained the peak figure at X units in 2021, and then reduced sharply in the following year.

In value terms, rock cutter imports reduced remarkably to $X in 2022. Over the period under review, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of 822%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) was the main supplier of rock cutter to the Dominican Republic, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at +21.5%.

In value terms, the United States ($X) constituted the largest supplier of coal or rock cutters and tunnelling machinery to the Dominican Republic.

From 2012 to 2022, the average annual growth rate of value from the United States stood at +25.7%.

Import Prices by Country

The average rock cutter import price stood at $X per unit in 2022, jumping by 142% against the previous year. In general, the import price showed a prominent increase. The growth pace was the most rapid in 2017 an increase of 396% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +31.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for coal or rock cutters and tunnelling machinery in the world?

The countries with the highest volumes of rock cutter consumption in 2020 were Belarus, Germany and Georgia, together comprising 46% of global consumption.

What are the largest producers of coal or rock cutters and tunnelling machinery in the world?

The country with the largest volume of rock cutter production was Germany, comprising approx. 63% of total volume. Moreover, rock cutter production in Germany exceeded the figures recorded by the second-largest producer, Japan, eightfold. The third position in this ranking was occupied by China, with a 5.2% share.

What are the leading suppliers of coal or rock cutters and tunnelling machinery to the Dominican Republic?

In value terms, Germany constituted the largest supplier of rock cutter to the Dominican Republic, comprising 75% of total imports. The second position in the ranking was occupied by Italy, with a 13% share of total imports. It was followed by South Korea, with a 6.1% share.

What is the average import price for coal or rock cutters and tunnelling machinery in the Dominican Republic?

In 2020, the average rock cutter import price amounted to $355 per unit, which is down by -23.1% against the previous year.

This report provides an in-depth analysis of the rock cutter 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 28921235 - Coal or rock cutters and tunnelling machinery (excluding selfpropelled)

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