Dominican Republic: Beverage Manufacturing Press Market 2024

Beverage Manufacturing Press Market Size in the Dominican Republic

The Dominican beverage manufacturing press market fell markedly to $X in 2022, shrinking by X% 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). Over the period under review, consumption saw a noticeable downturn. Beverage manufacturing press consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Beverage Manufacturing Press Exports

Exports from the Dominican Republic

In 2022, approx. X tons of presses and crushers for beverages manufacturing were exported from the Dominican Republic; therefore, remained relatively stable against 2021. In general, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, beverage manufacturing press exports amounted to $X in 2022. Overall, exports showed a pronounced downturn. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Switzerland (X tons) was the main destination for beverage manufacturing press exports from the Dominican Republic, with a X% share of total exports. Moreover, beverage manufacturing press exports to Switzerland exceeded the volume sent to the second major destination, the United States (X tons), fourfold.

From 2014 to 2022, the average annual growth rate of volume to Switzerland was relatively modest.

From 2014 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%.

Export Prices by Country

The average beverage manufacturing press export price stood at $X per ton in 2022, flattening at the previous year. In general, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Switzerland amounted to $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%).

Beverage Manufacturing Press Imports

Imports into the Dominican Republic

In 2022, supplies from abroad of presses and crushers for beverages manufacturing decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, beverage manufacturing press imports declined markedly to $X in 2022. Overall, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest beverage manufacturing press supplier to the Dominican Republic, accounting for a X% share of total imports. Moreover, beverage manufacturing press imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. China (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and China (X% per year).

In value terms, the United States ($X) constituted the largest supplier of presses and crushers for beverages manufacturing to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and China (X% per year).

Import Prices by Country

The average beverage manufacturing press import price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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