Report Update Nov 1, 2024

Dominican Republic - Underground Continuous-Action Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Underground Continuous-Action Elevator Market 2024

Underground Continuous-Action Elevator Market Size in the Dominican Republic

In 2021, after two years of growth, there was decline in the Dominican underground continuous-action elevator market, when its value decreased by -2.4% to $X. In general, consumption saw a abrupt setback. Underground continuous-action elevator consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Underground Continuous-Action Elevator Production in the Dominican Republic

In value terms, underground continuous-action elevator production dropped to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt contraction. The pace of growth was the most pronounced in 2017 when the production volume increased by 25%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Underground Continuous-Action Elevator Exports

Exports from the Dominican Republic

In 2021, approx. less than X units of underground continuous-action elevators and conveyors were exported from the Dominican Republic; remaining stable against 2020 figures. Over the period under review, exports recorded a relatively flat trend pattern.

In value terms, underground continuous-action elevator exports amounted to less than $X in 2021. Overall, exports showed a relatively flat trend pattern.

Underground Continuous-Action Elevator Imports

Imports into the Dominican Republic

In 2021, purchases abroad of underground continuous-action elevators and conveyors increased by 79% to X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 311%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, underground continuous-action elevator imports reduced to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 281% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey (X units), South Africa (X units) and China (X units) were the main suppliers of underground continuous-action elevator imports to the Dominican Republic, together comprising 85% of total imports. The United States, Canada and Chile lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +26.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of underground continuous-action elevators and conveyors to the Dominican Republic, comprising 74% of total imports. The second position in the ranking was held by South Africa ($X), with a 9% share of total imports. It was followed by the United States, with a 6.9% share.

From 2012 to 2021, the average annual growth rate of value from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (0.0% per year) and the United States (+24.5% per year).

Import Prices by Country

In 2021, the average underground continuous-action elevator import price amounted to $X per unit, waning by -51.3% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 69%. Over the period under review, average import prices reached the maximum at $X per unit in 2020, and then fell markedly in the following year.

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 Chile ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+6.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for underground continuous-action elevators and conveyors in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, together comprising 29% of global consumption. These countries were followed by India, Japan, Italy, Austria, Brazil, Poland, Indonesia, South Korea, Canada and Democratic Republic of the Congo, which together accounted for a further 31%.

What are the largest producers of underground continuous-action elevators and conveyors in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, with a combined 29% share of global production. India, Japan, Poland, the UK, Estonia, Italy, Brazil, South Korea, Canada and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further 35%.

What are the leading suppliers of underground continuous-action elevators and conveyors to the Dominican Republic?

In value terms, the largest underground continuous-action elevator suppliers to the Dominican Republic were the United States, Spain and China, with a combined 87% share of total imports.

What is the average import price for underground continuous-action elevators and conveyors in the Dominican Republic?

The average underground continuous-action elevator import price stood at $2,228 per unit in 2021, remaining stable against the previous year.

This report provides an in-depth analysis of the underground continuous-action 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 28921100 - Continuous-action elevators and conveyors, for underground use

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