Report Update Nov 1, 2024

Dominican Republic - Self-Propelled Boring or Sinking Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Self-Propelled Boring Machinery Market 2024

Self-Propelled Boring Machinery Market Size in the Dominican Republic

The Dominican self-propelled boring machinery market rose remarkably to $X in 2022, picking up by 5.9% against the previous year. In general, consumption continues to indicate a remarkable increase. Self-propelled boring machinery consumption peaked in 2022 and is expected to retain growth in the immediate term.

Self-Propelled Boring Machinery Production in the Dominican Republic

In value terms, self-propelled boring machinery production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 21%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Self-Propelled Boring Machinery Exports

Exports from the Dominican Republic

Self-propelled boring machinery exports from the Dominican Republic fell remarkably to X units in 2022, reducing by -25% against the year before. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 200% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, self-propelled boring machinery exports dropped to $X in 2022. Overall, exports, however, enjoyed resilient growth. The growth pace was the most rapid in 2018 with an increase of 378% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then reduced in the following year.

Exports by Country

Haiti (X units) was the main destination for self-propelled boring machinery exports from the Dominican Republic, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Haiti amounted to +11.6%.

In value terms, Haiti ($X) also remains the key foreign market for self-propelled boring or sinking machinery exports from the Dominican Republic.

From 2012 to 2022, the average annual growth rate of value to Haiti stood at +59.6%.

Export Prices by Country

In 2022, the average self-propelled boring machinery export price amounted to $X per unit, growing by 16% against the previous year. In general, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 427% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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 Panama amounted to +3,689.7% per year.

Self-Propelled Boring Machinery Imports

Imports into the Dominican Republic

In 2022, approx. X units of self-propelled boring or sinking machinery were imported into the Dominican Republic; reducing by -92.9% compared with the previous year. Over the period under review, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 56% against the previous year. As a result, imports attained the peak of X units, and then contracted notably in the following year.

In value terms, self-propelled boring machinery imports dropped remarkably to $X in 2022. In general, imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2013 when imports increased by 1,041% against the previous year. Imports peaked at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

The United States (X units) and South Korea (X units) were the main suppliers of self-propelled boring machinery imports to the Dominican Republic.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of 0.0%).

In value terms, the United States ($X) and South Korea ($X) constituted the largest self-propelled boring machinery suppliers to the Dominican Republic.

The United States, with a CAGR of +38.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2022, the average self-propelled boring machinery import price amounted to $X per unit, with an increase of 2.6% against the previous year. In general, the import price showed a significant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 827% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for South Korea stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+101.9%), 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 self-propelled boring or sinking machinery in the world?

The countries with the highest volumes of in 2021 were India, China and the United States, with a combined 34% share of global consumption. Syrian Arab Republic, Togo, Australia, Egypt, Indonesia, South Africa, Iran, Japan and Canada lagged somewhat behind, together comprising a further 32%.

What are the largest producers of self-propelled boring or sinking machinery in the world?

The countries with the highest volumes of in 2021 were Italy, Germany and China, with a combined 45% share of global production. Sweden, Finland, Austria, the United States, France, Indonesia, Japan and the Netherlands lagged somewhat behind, together accounting for a further 44%.

What are the leading suppliers of self-propelled boring or sinking machinery to the Dominican Republic?

In value terms, Canada, Finland and Brazil were the largest self-propelled boring machinery suppliers to the Dominican Republic, together accounting for 83% of total imports.

What are the leading importers of self-propelled boring or sinking machinery from the Dominican Republic?

In value terms, Haiti remains the key foreign market for self-propelled boring machinery exports from the Dominican Republic.

What is the average export price for self-propelled boring or sinking machinery in the Dominican Republic?

In 2021, the average self-propelled boring machinery export price amounted to $42,038 per unit, reducing by -56.4% against the previous year.

What is the average import price for self-propelled boring or sinking machinery in the Dominican Republic?

The average self-propelled boring machinery import price stood at $116,183 per unit in 2021, reducing by -35% against the previous year.

This report provides an in-depth analysis of the self-propelled boring machinery 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 28921253 - Self-propelled boring or sinking machinery

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