Report Update Nov 1, 2024

Dominican Republic - Disc Harrows - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Disc Harrow Market 2024

Disc Harrow Market Size in the Dominican Republic

The Dominican disc harrow market soared to $X in 2021, jumping by 143% 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 continues to indicate a buoyant increase. Disc harrow consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Disc Harrow Exports

Exports from the Dominican Republic

Disc harrow exports from the Dominican Republic was estimated at X units in 2021, approximately reflecting the previous year's figure. Overall, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2018 when exports increased by 100% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, disc harrow exports fell to $X in 2021. In general, exports saw a perceptible setback. The most prominent rate of growth was recorded in 2018 with an increase of 163% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for disc harrow exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +12.2%.

In value terms, the United States ($X) remains the key foreign market for disc harrows exports from the Dominican Republic, comprising 98% of total exports. The second position in the ranking was taken by Haiti ($X), with a 2.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +28.1%.

Export Prices by Country

In 2021, the average disc harrow export price amounted to $X per unit, which is down by -14.6% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 63% against the previous year. The export price peaked at $X per unit 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 the United States ($X per unit), while the average price for exports to Haiti stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-6.7%).

Disc Harrow Imports

Imports into the Dominican Republic

In 2021, disc harrow imports into the Dominican Republic surged to X units, with an increase of 139% on 2020. In general, imports continue to indicate a remarkable increase. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, disc harrow imports skyrocketed to $X in 2021. Over the period under review, imports posted a pronounced increase. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Brazil (X units) constituted the largest supplier of disc harrow to the Dominican Republic, accounting for a 50% share of total imports. Moreover, disc harrow imports from Brazil exceeded the figures recorded by the second-largest supplier, India (X units), fourfold. The third position in this ranking was taken by the United States (X units), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Brazil stood at +23.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+28.9% per year) and the United States (-4.5% per year).

In value terms, Brazil ($X) constituted the largest supplier of disc harrows to the Dominican Republic, comprising 44% of total imports. The second position in the ranking was taken by the United States ($X), with an 18% share of total imports. It was followed by Colombia, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Brazil stood at +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.2% per year) and Colombia (+15.0% per year).

Import Prices by Country

The average disc harrow import price stood at $X per unit in 2021, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, showed a abrupt descent. The growth pace was the most rapid in 2019 an increase of 32% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for disc harrows in the world?

China remains the largest disc harrow consuming country worldwide, comprising approx. 19% of total volume. Moreover, disc harrow consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 6.8% share.

What are the largest producers of disc harrows in the world?

China constituted the country with the largest volume of disc harrow production, comprising approx. 20% of total volume. Moreover, disc harrow production in China exceeded the figures recorded by the second-largest producer, India, threefold. Brazil ranked third in terms of total production with a 4.8% share.

What are the leading suppliers of disc harrows to the Dominican Republic?

In value terms, Brazil constituted the largest supplier of disc harrow to the Dominican Republic, comprising 52% of total imports. The second position in the ranking was occupied by India, with a 16% share of total imports. It was followed by Italy, with a 6.4% share.

What are the leading importers of disc harrows from the Dominican Republic?

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

What is the average export price for disc harrows in the Dominican Republic?

The average disc harrow export price stood at $456 per unit in 2021, picking up by 8.6% against the previous year.

What is the average import price for disc harrows in the Dominican Republic?

In 2021, the average disc harrow import price amounted to $1,401 per unit, declining by -2.4% against the previous year.

This report provides an in-depth analysis of the disc harrow 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 28303220 - Disc harrows

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