Report Update Nov 1, 2024

Dominican Republic - Dumpers for Off-Highway Use - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Off-Highway Dumper Market 2024

Off-Highway Dumper Market Size in the Dominican Republic

For the third consecutive year, the Dominican off-highway dumper market recorded growth in sales value, which increased by 61% to $X in 2021. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Off-Highway Dumper Exports

Exports from the Dominican Republic

For the fourth year in a row, the Dominican Republic recorded growth in shipments abroad of dumpers for off-highway use, which increased by 76% to X units in 2015. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 797%. Over the period under review, the exports attained the peak figure in 2015 and are likely to see gradual growth in years to come.

In value terms, off-highway dumper exports skyrocketed to $X in 2015. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 871%. Over the period under review, the exports reached the maximum in 2015 and are expected to retain growth in the near future.

Exports by Country

The United States (X units) was the main destination for off-highway dumper exports from the Dominican Republic, accounting for a 89% share of total exports. Moreover, off-highway dumper exports to the United States exceeded the volume sent to the second major destination, Chile (X units), ninefold.

From 2012 to 2015, the average annual growth rate of volume to the United States was relatively modest.

In value terms, the United States ($X) emerged as the key foreign market for dumpers for off-highway use exports from the Dominican Republic, comprising 99% of total exports. The second position in the ranking was held by Chile ($X), with a 0.8% share of total exports.

From 2012 to 2015, the average annual growth rate of value to the United States was relatively modest.

Export Prices by Country

In 2015, the average off-highway dumper export price amounted to $X per unit, standing approx. at the previous year. Over the period from 2012 to 2015, it increased at an average annual rate of +6.6%. The most prominent rate of growth was recorded in 2014 an increase of 10%. The export price peaked in 2015 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2015, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Chile stood at $X per unit.

From 2012 to 2015, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-41.1%).

Off-Highway Dumper Imports

Imports into the Dominican Republic

In 2021, overseas purchases of dumpers for off-highway use increased by 55% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a mild decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 145% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, off-highway dumper imports surged to $X in 2021. In general, imports recorded a perceptible expansion. The pace of growth was the most pronounced in 2020 with an increase of 196%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Sweden (X units) constituted the largest off-highway dumper supplier to the Dominican Republic, accounting for a 55% share of total imports. Moreover, off-highway dumper imports from Sweden exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. The third position in this ranking was taken by Chile (X units), with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume from Sweden amounted to +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.0% per year) and Chile (+19.7% per year).

In value terms, Sweden ($X) constituted the largest supplier of dumpers for off-highway use to the Dominican Republic, comprising 90% of total imports. The second position in the ranking was taken by Chile ($X), with a 5.2% share of total imports. It was followed by the United States, with a 3.3% share.

From 2012 to 2021, the average annual growth rate of value from Sweden totaled +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+21.0% per year) and the United States (-9.8% per year).

Import Prices by Country

The average off-highway dumper import price stood at $X per unit in 2021, with an increase of 7.1% against the previous year. Overall, the import price saw notable growth. The most prominent rate of growth was recorded in 2019 an increase of 133% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in years to come.

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 Sweden ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+4.6%), 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 dumpers for off-highway use in the world?

Lesotho remains the largest off-highway dumper consuming country worldwide, comprising approx. 40% of total volume. Moreover, off-highway dumper consumption in Lesotho exceeded the figures recorded by the second-largest consumer, the Dominican Republic, threefold. The UK ranked third in terms of total consumption with a 9.3% share.

What are the largest producers of dumpers for off-highway use in the world?

The countries with the highest volumes of off-highway dumper production in 2020 were the UK, China and Belarus, together comprising 62% of global production. Japan, Turkey, Thailand and India lagged somewhat behind, together accounting for a further 27%.

What are the leading suppliers of dumpers for off-highway use to the Dominican Republic?

In value terms, Sweden constituted the largest supplier of off-highway dumper to the Dominican Republic, comprising 95% of total imports. The second position in the ranking was occupied by Belgium, with a 0.9% share of total imports.

What is the average import price for dumpers for off-highway use in the Dominican Republic?

The average off-highway dumper import price stood at $21 per unit in 2020, declining by -100% against the previous year.

This report provides an in-depth analysis of the off-highway dumper 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 28922900 - Dumpers for off-highway use
Prodcom 28922810 -

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