Report Update Nov 1, 2024

Dominican Republic - Horizontal Machining Centres for Working Metal - 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: Horizontal Machining Centre Market 2024

Horizontal Machining Centre Market Size in the Dominican Republic

The Dominican horizontal machining centre market rose modestly to $X in 2021, picking up by 1.9% against the previous year. The market value increased at an average annual rate of +4.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Horizontal Machining Centre Production in the Dominican Republic

In value terms, horizontal machining centre production expanded to $X in 2021 estimated in export price. In general, the total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.3% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by 32% against the previous year. Horizontal machining centre production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Horizontal Machining Centre Exports

Exports from the Dominican Republic

In 2021, the amount of horizontal machining centres for working metal exported from the Dominican Republic stood at less than X units, remaining relatively unchanged against the previous year. Overall, exports recorded a relatively flat trend pattern.

In value terms, horizontal machining centre exports totaled less than $X in 2021. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of 284%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Horizontal Machining Centre Imports

Imports into the Dominican Republic

In 2021, imports of horizontal machining centres for working metal into the Dominican Republic contracted significantly to X units, waning by -28.6% compared with the previous year's figure. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2014 when imports increased by 200%. Imports peaked at X units in 2020, and then dropped sharply in the following year.

In value terms, horizontal machining centre imports shrank sharply to $X in 2021. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 2,612% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then dropped notably in the following year.

Imports by Country

India (X units), the United States (X units) and Taiwan (Chinese) (X units) were the main suppliers of horizontal machining centre imports to the Dominican Republic, with a combined 60% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of 0.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the United States ($X) and India ($X) were the largest horizontal machining centre suppliers to the Dominican Republic, together comprising 82% of total imports.

In terms of the main suppliers, the United States, with a CAGR of +106.7%, saw 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 2021, the average horizontal machining centre import price amounted to $X per unit, reducing by -86.9% against the previous year. Over the period under review, the import price, however, continues to indicate measured growth. The most prominent rate of growth was recorded in 2014 an increase of 817%. The import price peaked at $X per unit in 2020, and then reduced dramatically in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+68.2%), 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 horizontal machining centres for working metal in the world?

South Africa constituted the country with the largest volume of horizontal machining centre consumption, comprising approx. 47% of total volume. Moreover, horizontal machining centre consumption in South Africa exceeded the figures recorded by the second-largest consumer, Japan, sixfold. The third position in this ranking was occupied by the Netherlands, with a 7.3% share.

What are the largest producers of horizontal machining centres for working metal in the world?

The countries with the highest volumes of horizontal machining centre production in 2021 were Japan, Taiwan Chinese) and South Korea, together comprising 84% of global production. These countries were followed by Germany, Switzerland and Spain, which together accounted for a further 11%.

What are the leading suppliers of horizontal machining centres for working metal to the Dominican Republic?

In value terms, the United States constituted the largest supplier of horizontal machining centre to the Dominican Republic, comprising 61% of total imports. The second position in the ranking was occupied by Spain, with a 21% share of total imports. It was followed by China, with a 12% share.

What is the average import price for horizontal machining centres for working metal in the Dominican Republic?

The average horizontal machining centre import price stood at $30,807 per unit in 2021, which is down by -68% against the previous year.

This report provides an in-depth analysis of the horizontal machining centre 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 28411220 - Horizontal machining centres for working metal

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