Report Update Nov 1, 2024

Dominican Republic - Electric Bakery and Biscuit Ovens - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Dominican Republic: Market for Industrial, Laboratory or Bakery Ovens 2024

Market Size for Industrial, Laboratory or Bakery Ovens in the Dominican Republic

In 2022, the Dominican market for industrial, laboratory or bakery ovens increased by 13% to $X, rising for the third year in a row after three years of decline. Overall, consumption posted strong growth. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Industrial, Laboratory or Bakery Ovens

Exports from the Dominican Republic

In 2022, after three years of growth, there was significant decline in shipments abroad of industrial, laboratory or bakery ovens, when their volume decreased by -57.1% to X units. Overall, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 367%. As a result, the exports reached the peak of X units, and then contracted remarkably in the following year.

In value terms, industrial, laboratory or bakery oven exports declined rapidly to $X in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,190% against the previous year. As a result, the exports attained the peak of $X, and then fell sharply in the following year.

Exports by Country

The United States (X units) was the main destination for industrial, laboratory or bakery oven exports from the Dominican Republic, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +19.6%.

In value terms, the United States ($X) emerged as the key foreign market for industrial, laboratory or bakery ovens exports from the Dominican Republic.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +32.7%.

Export Prices by Country

The average export price for industrial, laboratory or bakery ovens stood at $X per unit in 2022, jumping by 22% against the previous year. Over the period under review, the export price posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 391% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, 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 Guyana amounted to +721.3% per year.

Imports of Industrial, Laboratory or Bakery Ovens

Imports into the Dominican Republic

In 2022, purchases abroad of industrial, laboratory or bakery ovens increased by 4.6% to X units, rising for the third year in a row after three years of decline. In general, imports continue to indicate a strong increase. The growth pace was the most rapid in 2013 when imports increased by 212%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, industrial, laboratory or bakery oven imports surged to $X in 2022. Over the period under review, imports enjoyed a perceptible expansion. The growth pace was the most rapid in 2013 with an increase of 353% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest industrial, laboratory or bakery oven supplier to the Dominican Republic, accounting for a 36% share of total imports. Moreover, industrial, laboratory or bakery oven imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was held by India (X units), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +36.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+16.2% per year) and India (+28.7% per year).

In value terms, the United States ($X), Germany ($X) and Spain ($X) appeared to be the largest industrial, laboratory or bakery oven suppliers to the Dominican Republic, together comprising 49% of total imports. India, China, Italy, the Netherlands, Argentina, Brazil, Turkey and the UK lagged somewhat behind, together comprising a further 32%.

In terms of the main suppliers, the Netherlands, with a CAGR of +43.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for industrial, laboratory or bakery ovens amounted to $X per unit, jumping by 17% against the previous year. Over the period under review, the import price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 45% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, 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 Spain ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.7%), 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 industrial, laboratory or bakery ovens in the world?

South Africa remains the largest industrial, laboratory or bakery oven consuming country worldwide, comprising approx. 30% of total volume. Moreover, industrial, laboratory or bakery oven consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, twofold. The United States ranked third in terms of total consumption with a 7.5% share.

What are the largest producers of industrial, laboratory or bakery ovens in the world?

China constituted the country with the largest volume of industrial, laboratory or bakery oven production, accounting for 29% of total volume. Moreover, industrial, laboratory or bakery oven production in China exceeded the figures recorded by the second-largest producer, Italy, threefold. The United States ranked third in terms of total production with a 9.3% share.

What are the leading suppliers of industrial, laboratory or bakery ovens to the Dominican Republic?

In value terms, the United States constituted the largest supplier of industrial, laboratory or bakery oven to the Dominican Republic, comprising 55% of total imports. The second position in the ranking was occupied by Germany, with a 17% share of total imports. It was followed by Italy, with a 6.1% share.

What is the average export price for industrial, laboratory or bakery ovens in the Dominican Republic?

In 2018, the average export price for industrial, laboratory or bakery ovens amounted to $1,728 per unit, picking up by 44% against the previous year.

What is the average import price for industrial, laboratory or bakery ovens in the Dominican Republic?

In 2021, the average import price for industrial, laboratory or bakery ovens amounted to $1,174 per unit, falling by -26% against the previous year.

This report provides an in-depth analysis of the market for industrial, laboratory or bakery oven 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 28211330 - Electric bakery and biscuit ovens
Prodcom 28211351 - Resistance heated industrial or laboratory furnaces and ovens (excluding bakery and biscuit ovens)

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