Dominican Republic - Pneumatic Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDominican Republic: Pneumatic Elevator Market 2024
Pneumatic Elevator Market Size in the Dominican Republic
The Dominican pneumatic elevator market totaled $X in 2022, picking up by 5% against the previous year. In general, consumption posted buoyant growth. Pneumatic elevator consumption peaked in 2022 and is expected to retain growth in years to come.
Pneumatic Elevator Production in the Dominican Republic
In value terms, pneumatic elevator production dropped to $X in 2022 estimated in export price. In general, production saw a resilient expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by 149%. Pneumatic elevator production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.
Pneumatic Elevator Exports
Exports from the Dominican Republic
In 2022, the amount of pneumatic elevators and conveyors exported from the Dominican Republic fell sharply to X units, shrinking by -90.9% against 2021. Over the period under review, exports recorded a sharp descent. The pace of growth was the most pronounced in 2019 with an increase of 133% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.
In value terms, pneumatic elevator exports plummeted to $X in 2022. In general, exports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 194% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.
Exports by Country
Haiti (X units) was the main destination for pneumatic elevator exports from the Dominican Republic, with a approx. 100% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Haiti was relatively modest.
In value terms, Haiti ($X) emerged as the key foreign market for pneumatic elevators and conveyors exports from the Dominican Republic.
From 2012 to 2022, the average annual growth rate of value to Haiti stood at +19.8%.
Export Prices by Country
In 2022, the average pneumatic elevator export price amounted to $X per unit, with an increase of 325% against the previous year. Overall, the export price, however, continues to indicate a abrupt shrinkage. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Haiti.
From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to +19.8% per year.
Pneumatic Elevator Imports
Imports into the Dominican Republic
In 2022, supplies from abroad of pneumatic elevators and conveyors increased by 40% to X units, rising for the fourth consecutive year after two years of decline. In general, imports recorded a strong increase. The most prominent rate of growth was recorded in 2015 when imports increased by 163%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.
In value terms, pneumatic elevator imports soared to $X in 2022. Overall, imports recorded resilient growth. The growth pace was the most rapid in 2015 with an increase of 153%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.
Imports by Country
The United States (X units), China (X units) and Spain (X units) were the main suppliers of pneumatic elevator imports to the Dominican Republic, together accounting for 78% of total imports.
From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +43.3%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X) constituted the largest supplier of pneumatic elevators and conveyors to the Dominican Republic, comprising 62% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports. It was followed by Spain, with a 10% share.
From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+24.0% per year) and Spain (+32.9% per year).
Import Prices by Country
The average pneumatic elevator import price stood at $X per unit in 2022, increasing by 19% against the previous year. In general, the import price, however, continues to indicate a noticeable descent. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+32.8%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the pneumatic elevator 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 28221740 - Pneumatic elevators and conveyors
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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