Dominican Republic: Market for Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables 2024

Market Size for Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables in the Dominican Republic

In 2021, the Dominican market for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables increased by 205% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, showed a abrupt decrease. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Exports of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables

Exports from the Dominican Republic

In 2021, approx. X units of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables were exported from the Dominican Republic; waning by -5.8% on the previous year. Overall, exports showed a abrupt setback. The smallest decline of -3.9% was in 2015. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables fell to $X in 2021. In general, exports showed a abrupt descent. The smallest decline of -10% was in 2015. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Costa Rica (X units) and the United States (X units) were the main destinations of exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables from the Dominican Republic.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +20.9%).

In value terms, Costa Rica ($X) and the United States ($X) appeared to be the largest markets for seed cleaning, sorting and grading machine exported from the Dominican Republic worldwide.

Among the main countries of destination, the United States, with a CAGR of +7.8%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the average export price for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables amounted to $X per unit, declining by -6.9% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2014 a decrease of -5.3% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Costa Rica amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-11.8%).

Imports of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables

Imports into the Dominican Republic

After three years of decline, supplies from abroad of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables increased by 193% to X units in 2021. Over the period under review, imports, however, showed a noticeable decline. Imports peaked at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables soared to $X in 2021. In general, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of 177% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

Vietnam (X units), Brazil (X units) and China (X units) were the main suppliers of imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables to the Dominican Republic, with a combined 68% share of total imports. These countries were followed by Colombia, Thailand, the Netherlands, Spain, Taiwan (Chinese), Costa Rica and the United States, which together accounted for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +54.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest seed cleaning, sorting and grading machine suppliers to the Dominican Republic were China ($X), Brazil ($X) and Costa Rica ($X), together accounting for 41% of total imports. These countries were followed by Thailand, Vietnam, the Netherlands, Colombia, Taiwan (Chinese), Spain and the United States, which together accounted for a further 32%.

In terms of the main suppliers, Spain, with a CAGR of +39.6%, recorded the highest rates of growth with regard to 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 import price for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables amounted to $X per unit, waning by -21.6% against the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2016 an increase of 17%. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Costa Rica ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Costa Rica (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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