Report Update Nov 1, 2024

Dominican Republic - Planing, Milling or Moulding Machines - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Wood Milling Machine Market 2024

Wood Milling Machine Market Size in the Dominican Republic

After two years of growth, the Dominican wood milling machine market decreased by -40.9% to $X in 2021. Overall, consumption saw a abrupt curtailment. Wood milling machine consumption peaked at $X in 2020, and then fell rapidly in the following year.

Wood Milling Machine Exports

Exports from the Dominican Republic

In 2021, the amount of planing, milling or moulding machines exported from the Dominican Republic skyrocketed to X units, growing by 70% against the year before. Overall, exports showed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 175% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, wood milling machine exports surged to $X in 2021. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 337%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units) was the main destination for wood milling machine exports from the Dominican Republic, accounting for a 53% share of total exports. Moreover, wood milling machine exports to Spain exceeded the volume sent to the second major destination, Haiti (X units), twofold. The third position in this ranking was held by Jamaica (X units), with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain amounted to +27.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (+16.7% per year) and Jamaica (+13.0% per year).

In value terms, Spain ($X) remains the key foreign market for planing, milling or moulding machines exports from the Dominican Republic, comprising 61% of total exports. The second position in the ranking was taken by Haiti ($X), with a 26% share of total exports. It was followed by Jamaica, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain amounted to +50.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (+21.4% per year) and Jamaica (+9.1% per year).

Export Prices by Country

In 2021, the average wood milling machine export price amounted to $X per unit, reducing by -7.4% against the previous year. Overall, the export price, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2014 when the average export price increased by 79% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to the United States ($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 Nicaragua (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Milling Machine Imports

Imports into the Dominican Republic

In 2021, after two years of growth, there was significant decline in overseas purchases of planing, milling or moulding machines, when their volume decreased by -50.7% to X units. Overall, imports recorded a abrupt contraction. The growth pace was the most rapid in 2019 with an increase of 218% against the previous year. Imports peaked at X units in 2020, and then shrank significantly in the following year.

In value terms, wood milling machine imports soared to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 174%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the United States (X units) and Mexico (X units) were the main suppliers of wood milling machine imports to the Dominican Republic, with a combined 83% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +11.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood milling machine suppliers to the Dominican Republic were China ($X), Italy ($X) and the United States ($X), with a combined 77% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of +41.6%, 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 wood milling machine import price amounted to $X per unit, growing by 142% against the previous year. Over the period under review, the import price saw a buoyant increase. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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 Italy ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+17.8%), 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 planing, milling or moulding machines in the world?

South Africa remains the largest wood milling machine consuming country worldwide, comprising approx. 46% of total volume. Moreover, wood milling machine consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was occupied by the United States, with a 4.9% share.

What are the largest producers of planing, milling or moulding machines in the world?

China constituted the country with the largest volume of wood milling machine production, comprising approx. 45% of total volume. Moreover, wood milling machine production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), threefold. The third position in this ranking was occupied by Japan, with a 4.7% share.

What are the leading suppliers of planing, milling or moulding machines to the Dominican Republic?

In value terms, China, the United States and Austria appeared to be the largest wood milling machine suppliers to the Dominican Republic, together comprising 68% of total imports. Germany, Italy, Taiwan Chinese) and Mexico lagged somewhat behind, together comprising a further 31%.

What is the average export price for planing, milling or moulding machines in the Dominican Republic?

The average wood milling machine export price stood at $1,001 per unit in 2021, reducing by -79.8% against the previous year.

What is the average import price for planing, milling or moulding machines in the Dominican Republic?

In 2021, the average wood milling machine import price amounted to $444 per unit, falling by -37.7% against the previous year.

This report provides an in-depth analysis of the wood milling 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 28491250 - Planing, milling or moulding (by cutting) machines for working wood, cork, bone, hard rubber, hard plastics or similar hard materials

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