Report Update Nov 1, 2024

Dominican Republic - Machines for Deburring or Polishing Metal - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in the Dominican Republic

The Dominican metal deburring machine market fell markedly to $X in 2021, shrinking by -26% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a tangible expansion. Metal deburring machine consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Metal Deburring Machine Exports

Exports from the Dominican Republic

In 2021, exports of machines for deburring or polishing metal from the Dominican Republic surged to X units, increasing by 750% against the year before. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal deburring machine exports skyrocketed to $X in 2021. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turks and Caicos Islands (X units), Mexico (X units) and Haiti (X units) were the main destinations of metal deburring machine exports from the Dominican Republic, together comprising 76% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +41.4%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) emerged as the key foreign market for machines for deburring or polishing metal exports from the Dominican Republic, comprising 90% of total exports. The second position in the ranking was taken by the United States ($X), with a 6.8% share of total exports. It was followed by Jamaica, with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mexico stood at +3,193.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+90.6% per year) and Jamaica (+70.1% per year).

Export Prices by Country

The average metal deburring machine export price stood at $X per unit in 2021, picking up by 247% against the previous year. In general, the export price showed resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Mexico ($X per unit), while the average price for exports to Anguilla ($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 Mexico (+2,308.3%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Deburring Machine Imports

Imports into the Dominican Republic

Metal deburring machine imports into the Dominican Republic fell significantly to X units in 2021, which is down by -34.1% on the previous year. Over the period under review, imports showed a pronounced reduction. The pace of growth was the most pronounced in 2020 with an increase of 80% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, metal deburring machine imports shrank to $X in 2021. Overall, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 76%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), the United States (X units) and Italy (X units) were the main suppliers of metal deburring machine imports to the Dominican Republic, together accounting for 65% of total imports. These countries were followed by the UK, Sweden, Panama and Spain, which together accounted for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +31.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Italy ($X) and China ($X) constituted the largest metal deburring machine suppliers to the Dominican Republic, with a combined 47% share of total imports. The United States, the UK, Panama and Spain lagged somewhat behind, together accounting for a further 25%.

The UK, with a CAGR of +58.6%, saw the highest growth rate of the value of imports, among 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 metal deburring machine import price amounted to $X per unit, picking up by 31% against the previous year. Overall, the import price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 46% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to continue growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+26.4%), 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 machines for deburring or polishing metal in the world?

The country with the largest volume of metal deburring machine consumption was China, accounting for 55% of total volume. Moreover, metal deburring machine consumption in China exceeded the figures recorded by the second-largest consumer, India, ninefold. Japan ranked third in terms of total consumption with a 3.7% share.

What are the largest producers of machines for deburring or polishing metal in the world?

China remains the largest metal deburring machine producing country worldwide, comprising approx. 69% of total volume. Moreover, metal deburring machine production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. The third position in this ranking was occupied by Japan, with a 4.2% share.

What are the leading suppliers of machines for deburring or polishing metal to the Dominican Republic?

In value terms, China, the United States and Mexico appeared to be the largest metal deburring machine suppliers to the Dominican Republic, with a combined 100% share of total imports.

What are the leading importers of machines for deburring or polishing metal from the Dominican Republic?

In value terms, the United States remains the key foreign market for metal deburring machine exports from the Dominican Republic.

What is the average export price for machines for deburring or polishing metal in the Dominican Republic?

In 2020, the average metal deburring machine export price amounted to $2,289 per unit, with an increase of 107% against the previous year.

What is the average import price for machines for deburring or polishing metal in the Dominican Republic?

In 2020, the average metal deburring machine import price amounted to $864 per unit, rising by 214% against the previous year.

This report provides an in-depth analysis of the metal deburring machine 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 28412395 - Machines for deburring or polishing metal (excluding gear finishing machines)

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