Report Update Nov 1, 2024

Dominican Republic - Heat Exchange Units - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Heat Exchange Unit Market 2024

Heat Exchange Unit Exports

Exports from the Dominican Republic

Heat exchange unit exports from the Dominican Republic dropped to X units in 2022, which is down by -10.9% on 2021 figures. Overall, exports saw a noticeable slump. The growth pace was the most rapid in 2018 with an increase of 7,400%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, heat exchange unit exports surged to $X in 2022. Over the period under review, exports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2018 with an increase of 12,932% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Haiti (X units), Turks and Caicos Islands (X units) and Cuba (X units) were the main destinations of heat exchange unit exports from the Dominican Republic, together accounting for 78% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Haiti (with a CAGR of +171.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for heat exchange unit exported from the Dominican Republic were Germany ($X), Haiti ($X) and the United States ($X), together accounting for 95% of total exports.

Haiti, with a CAGR of +181.1%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average heat exchange unit export price amounted to $X per unit, increasing by 29% against the previous year. Overall, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 451% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Turks and Caicos Islands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+48.1%), while the prices for the other major destinations experienced more modest paces of growth.

Heat Exchange Unit Imports

Imports into the Dominican Republic

In 2022, the amount of heat exchange units imported into the Dominican Republic contracted rapidly to X units, with a decrease of -16.4% on 2021. Overall, imports, however, showed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 312% against the previous year. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, heat exchange unit imports reached $X in 2022. In general, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 199% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

South Korea (X units), the United States (X units) and Spain (X units) were the main suppliers of heat exchange unit imports to the Dominican Republic, together comprising 52% of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +114.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of heat exchange units to the Dominican Republic, comprising 27% of total imports. The second position in the ranking was held by Switzerland ($X), with a 13% share of total imports. It was followed by South Korea, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+94.7% per year) and South Korea (+106.5% per year).

Import Prices by Country

The average heat exchange unit import price stood at $X per unit in 2022, jumping by 35% against the previous year. Over the period under review, the import price continues to indicate a modest expansion. The pace of growth appeared the most rapid in 2017 an increase of 74%. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.8%), 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 heat exchange units in the world?

The countries with the highest volumes of in 2021 were China, the United States and Turkey, together accounting for 45% of global consumption.

What are the largest producers of heat exchange units in the world?

China remains the largest heat exchange unit producing country worldwide, accounting for 25% of total volume. Moreover, heat exchange unit production in China exceeded the figures recorded by the second-largest producer, India, threefold. Italy ranked third in terms of total production with an 8.3% share.

What are the leading suppliers of heat exchange units to the Dominican Republic?

In value terms, the largest heat exchange unit suppliers to the Dominican Republic were Mexico, the United States and Germany, together accounting for 65% of total imports. These countries were followed by the Netherlands, Switzerland, Finland, China, Canada, Sweden and Denmark, which together accounted for a further 26%.

What are the leading importers of heat exchange units from the Dominican Republic?

In value terms, the largest markets for heat exchange unit exported from the Dominican Republic were the United States, Germany and India, with a combined 98% share of total exports. Mexico lagged somewhat behind, accounting for a further 0.5%.

What is the average export price for heat exchange units in the Dominican Republic?

The average heat exchange unit export price stood at $738 per unit in 2021, picking up by 13% against the previous year.

What is the average import price for heat exchange units in the Dominican Republic?

The average heat exchange unit import price stood at $423 per unit in 2021, which is down by -22.9% against the previous year.

This report provides an in-depth analysis of the heat exchange unit 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 28251130 - Heat exchange units

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