Dominican Republic - Mobile Lifting Frames on Tyres and Straddle Carriers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDominican Republic: Mobile Lifting Frame Market 2024
Mobile Lifting Frame Market Size in the Dominican Republic
In 2021, the Dominican mobile lifting frame market increased by 25% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, recorded a sharp decrease. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.
Mobile Lifting Frame Exports
Exports from the Dominican Republic
After two years of growth, overseas shipments of mobile lifting frames on tyres and straddle carriers decreased by -99.6% to X units in 2021. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 14,373% against the previous year. As a result, the exports attained the peak of X units, and then shrank sharply in the following year.
In value terms, mobile lifting frame exports shrank notably to $X in 2021. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 100,900%. The exports peaked at $X in 2020, and then reduced dramatically in the following year.
Exports by Country
Turks and Caicos Islands (X units) was the main destination for mobile lifting frame exports from the Dominican Republic, accounting for a approx. 100% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Turks and Caicos Islands was relatively modest.
In value terms, Turks and Caicos Islands ($X) emerged as the key foreign market for mobile lifting frames on tyres and straddle carriers exports from the Dominican Republic.
From 2012 to 2021, the average annual rate of growth in terms of value to Turks and Caicos Islands was relatively modest.
Export Prices by Country
In 2021, the average mobile lifting frame export price amounted to $X per unit, falling by -28.8% against the previous year. Overall, the export price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 1,123% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Turks and Caicos Islands.
From 2012 to 2021, the rate of growth in terms of prices for Haiti amounted to -9.6% per year.
Mobile Lifting Frame Imports
Imports into the Dominican Republic
In 2021, supplies from abroad of mobile lifting frames on tyres and straddle carriers decreased by -73.1% to X units, falling for the third year in a row after two years of growth. Over the period under review, imports continue to indicate a sharp descent. The growth pace was the most rapid in 2015 with an increase of 225% against the previous year. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.
In value terms, mobile lifting frame imports fell sharply to $X in 2021. In general, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2017 when imports increased by 355%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.
Imports by Country
Spain (X units), Italy (X units) and Brazil (X units) were the main suppliers of mobile lifting frame imports to the Dominican Republic, together comprising 85% of total imports.
From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +95.1%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, the largest mobile lifting frame suppliers to the Dominican Republic were Italy ($X), Brazil ($X) and the United States ($X), together comprising 96% of total imports. These countries were followed by Spain and China, which together accounted for a further 4.3%.
Spain, with a CAGR of +59.7%, recorded 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 mobile lifting frame import price amounted to $X per unit, increasing by 36% against the previous year. In general, import price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average import price increased by 45% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is likely to continue growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+33.8%), 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 mobile lifting frame 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 28221433 - Mobile lifting frames on tyres and straddle carriers
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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