Report Update Nov 1, 2024

Dominican Republic - Dryers for the Treatment of Agricultural Products - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Agricultural Product Dryer Market 2024

Agricultural Product Dryer Market Size in the Dominican Republic

In 2021, the Dominican agricultural product dryer market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption recorded buoyant growth. Agricultural product dryer consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Agricultural Product Dryer Exports

Exports from the Dominican Republic

After two years of decline, shipments abroad of dryers for the treatment of agricultural products decreased by 0% to X units in 2021. Over the period under review, exports saw a deep contraction. The smallest decline of 99.9% was in 2019. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, agricultural product dryer exports surged to $X in 2021. Overall, exports recorded a sharp slump. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Honduras (X units) was the main destination for agricultural product dryer exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2014 to 2021, the average annual rate of growth in terms of volume to Honduras was relatively modest.

In value terms, Honduras ($X) emerged as the key foreign market for dryers for the treatment of agricultural products exports from the Dominican Republic.

From 2014 to 2021, the average annual rate of growth in terms of value to Honduras was relatively modest.

Export Prices by Country

The average agricultural product dryer export price stood at $X per unit in 2021, rising by 91% against the previous year. Overall, the export price, however, showed a slight curtailment. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

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

From 2016 to 2021, the rate of growth in terms of prices for Haiti amounted to 0.0% per year.

Agricultural Product Dryer Imports

Imports into the Dominican Republic

In 2021, overseas purchases of dryers for the treatment of agricultural products increased by 233% to X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports recorded a resilient increase. The pace of growth was the most pronounced in 2014 when imports increased by 282% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, agricultural product dryer imports soared to $X in 2021. In general, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 349%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), Taiwan (Chinese) (X units) and Italy (X units) were the main suppliers of agricultural product dryer imports to the Dominican Republic, together comprising 38% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +27.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Argentina ($X) and Taiwan (Chinese) ($X) constituted the largest agricultural product dryer suppliers to the Dominican Republic, together accounting for 44% of total imports. These countries were followed by Brazil, Italy, France, China, the United States, Spain, Costa Rica and Panama, which together accounted for a further 28%.

France, with a CAGR of +86.2%, saw 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

In 2021, the average agricultural product dryer import price amounted to $X per unit, with a decrease of -3.9% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 19%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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 Argentina ($X per unit), while the price for Panama ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+68.9%), 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 dryers for the treatment of agricultural products in the world?

The country with the largest volume of agricultural product dryer consumption was South Africa, accounting for 39% of total volume. Moreover, agricultural product dryer consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, threefold. The United States ranked third in terms of total consumption with an 8% share.

What are the largest producers of dryers for the treatment of agricultural products in the world?

The country with the largest volume of agricultural product dryer production was China, accounting for 31% of total volume. Moreover, agricultural product dryer production in China exceeded the figures recorded by the second-largest producer, India, threefold. Brazil ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of dryers for the treatment of agricultural products to the Dominican Republic?

In value terms, China constituted the largest supplier of agricultural product dryer to the Dominican Republic, comprising 37% of total imports. The second position in the ranking was occupied by Germany, with a 15% share of total imports. It was followed by Argentina, with a 14% share.

What is the average export price for dryers for the treatment of agricultural products in the Dominican Republic?

The average agricultural product dryer export price stood at $20 per unit in 2020, approximately mirroring the previous year.

What is the average import price for dryers for the treatment of agricultural products in the Dominican Republic?

The average agricultural product dryer import price stood at $2,957 per unit in 2021, reducing by -61.3% against the previous year.

This report provides an in-depth analysis of the agricultural product dryer 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 28931600 - Dryers for the treatment of agricultural products by a process involving a change in temperature

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