Report Update Nov 1, 2024

Dominican Republic - Positive Displacement Pumps and Hand Pumps - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in the Dominican Republic

In 2021, the Dominican positive displacement pump market increased by 2.7% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, posted a tangible expansion. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Positive Displacement Pump Exports

Exports from the Dominican Republic

In 2021, shipments abroad of positive displacement pumps and hand pumps increased by 193% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, faced a dramatic curtailment. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, positive displacement pump exports fell dramatically to $X in 2021. Overall, exports, however, faced a abrupt shrinkage. The growth pace was the most rapid in 2019 when exports increased by 63% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Haiti (X units) was the main destination for positive displacement pump exports from the Dominican Republic, with a 73% share of total exports. Moreover, positive displacement pump exports to Haiti exceeded the volume sent to the second major destination, Venezuela (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume to Haiti amounted to -34.1%.

In value terms, the largest markets for positive displacement pump exported from the Dominican Republic were Haiti ($X) and Venezuela ($X).

Venezuela, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average positive displacement pump export price amounted to $X per unit, dropping by -85.3% against the previous year. Over the period under review, the export price, however, posted a resilient increase. The growth pace was the most rapid in 2019 an increase of 455%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020, and then reduced markedly in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Venezuela ($X per unit), while the average price for exports to Haiti stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1,455.4%).

Positive Displacement Pump Imports

Imports into the Dominican Republic

Positive displacement pump imports into the Dominican Republic fell to X units in 2021, waning by -11.3% on the previous year. Over the period under review, imports saw a perceptible downturn. The pace of growth appeared the most rapid in 2016 with an increase of 123%. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, positive displacement pump imports rose remarkably to $X in 2021. Overall, imports, however, enjoyed a notable expansion. The pace of growth was the most pronounced in 2016 with an increase of 112% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of positive displacement pump to the Dominican Republic, accounting for a 47% share of total imports. Moreover, positive displacement pump imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. Mexico (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.1% per year) and Mexico (-7.4% per year).

In value terms, the United States ($X) constituted the largest supplier of positive displacement pumps and hand pumps to the Dominican Republic, comprising 53% of total imports. The second position in the ranking was taken by China ($X), with a 24% share of total imports. It was followed by Mexico, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to +19.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.1% per year) and Mexico (-3.5% per year).

Import Prices by Country

The average positive displacement pump import price stood at $X per unit in 2021, rising by 20% against the previous year. Over the period under review, the import price saw buoyant growth. The growth pace was the most rapid in 2019 when the average import price increased by 30% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+20.9%), 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 positive displacement pumps and hand pumps in the world?

The countries with the highest volumes of in 2021 were South Africa, the United States and Mexico, with a combined 58% share of global consumption.

What are the largest producers of positive displacement pumps and hand pumps in the world?

China remains the largest positive displacement pump producing country worldwide, accounting for 75% of total volume. Moreover, positive displacement pump production in China exceeded the figures recorded by the second-largest producer, Mexico, more than tenfold. The third position in this ranking was occupied by Spain, with a 5.3% share.

What are the leading suppliers of positive displacement pumps and hand pumps to the Dominican Republic?

In value terms, the largest positive displacement pump suppliers to the Dominican Republic were the United States, China and Panama, with a combined 84% share of total imports.

What are the leading importers of positive displacement pumps and hand pumps from the Dominican Republic?

In value terms, the largest markets for positive displacement pump exported from the Dominican Republic were Jamaica $476), the United States $459) and Spain $431), together accounting for 77% of total exports.

What is the average export price for positive displacement pumps and hand pumps in the Dominican Republic?

The average positive displacement pump export price stood at $0.4 per unit in 2021, dropping by -21.5% against the previous year.

What is the average import price for positive displacement pumps and hand pumps in the Dominican Republic?

In 2021, the average positive displacement pump import price amounted to $0.5 per unit, waning by -10.8% against the previous year.

This report provides an in-depth analysis of the positive displacement pump 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 28131145 - Positive displacement pumps, hand pumps

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