Dominican Republic - Machinery for Filling, Closing, Sealing, Capsuling or Labelling Containers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDominican Republic: Filling Containers Machinery Market 2024
Filling Containers Machinery Market Size in the Dominican Republic
In 2021, the Dominican filling containers machinery market increased by 63% to $X, rising for the second year in a row after two years of decline. Overall, consumption enjoyed a resilient expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.
Filling Containers Machinery Exports
Exports from the Dominican Republic
Filling containers machinery exports from the Dominican Republic dropped rapidly to X units in 2021, with a decrease of -44.3% on 2020. Overall, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2019 with an increase of 43%. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.
In value terms, filling containers machinery exports surged to $X in 2021. Over the period under review, exports, however, saw modest growth. The pace of growth was the most pronounced in 2017 with an increase of 440% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
Haiti (X units), Nicaragua (X units) and the United States (X units) were the main destinations of filling containers machinery exports from the Dominican Republic, together comprising 94% of total exports. Colombia, Venezuela and Mexico lagged somewhat behind, together accounting for a further 5%.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of +14.7%), while the other leaders experienced mixed trend patterns.
In value terms, the largest markets for filling containers machinery exported from the Dominican Republic were the United States ($X), Mexico ($X) and Haiti ($X), with a combined 76% share of total exports.
Among the main countries of destination, Haiti, with a CAGR of +29.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average filling containers machinery export price amounted to $X per unit, growing by 170% against the previous year. Overall, the export price enjoyed a significant increase. The growth pace was the most rapid in 2017 an increase of 520%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.
Prices varied noticeably country of destination: the country with the highest price was Mexico ($X per unit), while the average price for exports to Nicaragua ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+462.5%), while the prices for the other major destinations experienced more modest paces of growth.
Filling Containers Machinery Imports
Imports into the Dominican Republic
In 2021, overseas purchases of machinery for filling, closing, sealing, capsuling or labelling containers increased by 32% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports showed a notable expansion. The growth pace was the most rapid in 2013 with an increase of 156%. Imports peaked at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.
In value terms, filling containers machinery imports skyrocketed to $X in 2021. In general, imports saw a prominent increase. The pace of growth was the most pronounced in 2015 with an increase of 168%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.
Imports by Country
The United States (X units), China (X units) and Germany (X units) were the main suppliers of filling containers machinery imports to the Dominican Republic, together accounting for 75% of total imports. Peru, Argentina, Mexico, Sweden and Italy lagged somewhat behind, together accounting for a further 20%.
From 2012 to 2021, the biggest increases were recorded for Peru (with a CAGR of +194.4%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), the United States ($X) and China ($X) constituted the largest filling containers machinery suppliers to the Dominican Republic, together comprising 71% of total imports. These countries were followed by Sweden, Argentina, Italy, Mexico and Peru, which together accounted for a further 11%.
Peru, with a CAGR of +181.0%, saw the highest rates of growth with regard to the value of imports, in terms of 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 filling containers machinery import price amounted to $X per unit, with an increase of 28% against the previous year. Overall, the import price recorded a resilient increase. The growth pace was the most rapid in 2019 an increase of 47% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to see steady growth in years to come.
Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for Peru ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the filling containers machinery 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 28292150 - Machinery for filling, closing, sealing, capsuling or labelling bottles, cans, boxes, bags or other containers, machinery for aerating beverages
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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