Dominican Republic - Draw-Benches For Bars, Tubes, Profiles, Wire Or The Like - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBar Draw-Bench Price in the Dominican Republic - 2023
Contents:
- Bar Draw-Bench Price in the Dominican Republic (CIF) - 2022
- Bar Draw-Bench Price in the Dominican Republic (FOB) - 2022
- Bar Draw-Bench Imports in the Dominican Republic
- Bar Draw-Bench Exports in the Dominican Republic
Bar Draw-Bench Price in the Dominican Republic (CIF) - 2022
In 2022, the average bar draw-bench import price amounted to $31,383 per unit, jumping by 68% against the previous year. Overall, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 357%. Over the period under review, average import prices attained the maximum at $38,498 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($190,030 per unit), while the price for Italy ($269 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+55.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Bar Draw-Bench Price in the Dominican Republic (FOB) - 2022
The average bar draw-bench export price stood at $1,669 per unit in 2022, which is down by -94.4% against the previous year. In general, the export price recorded a deep downturn. The pace of growth was the most pronounced in 2016 an increase of 8,266%. The export price peaked at $29,643 per unit in 2021, and then fell rapidly in the following year.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,000 per unit), while the average price for exports to British Virgin Islands stood at $1,338 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+43.1%), while the prices for the other major destinations experienced mixed trend patterns.
Bar Draw-Bench Imports in the Dominican Republic
In 2022, overseas purchases of draw-benches for bars, tubes, profiles, wire or the like decreased by -34.2% to 25 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 138%. Imports peaked at 38 units in 2021, and then fell significantly in the following year.
In value terms, bar draw-bench imports reached $785K in 2022. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 399%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Bar Draw-Bench in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.7 | 113 | 453 | 578 | 305.0% |
| South Korea | N/A | N/A | N/A | 190 | 0% |
| United States | 10.2 | 24.1 | 14.2 | 11.8 | 5.0% |
| Spain | 4.8 | 9.4 | 20.2 | 4.4 | -2.9% |
| Italy | 0.6 | 308 | 83.2 | 0.3 | -20.6% |
| France | 0.1 | 0.2 | 0.3 | N/A | 73.2% |
| Taiwan (Chinese) | 41.9 | 69.7 | 111 | N/A | 62.8% |
| Canada | 2.5 | 6.2 | 14.4 | N/A | 140.0% |
| Others | 39.1 | 8.4 | 14.0 | N/A | -40.2% |
| Total | 108 | 539 | 710 | 785 | 93.7% |
Top Suppliers of Bar Draw-Bench to the Dominican Republic in 2022:
- China (21.0 units)
- United States (1.0 units)
- South Korea (1.0 units)
- Italy (1.0 units)
- Spain (1.0 units)
Bar Draw-Bench Exports in the Dominican Republic
For the third consecutive year, the Dominican Republic recorded decline in overseas shipments of draw-benches for bars, tubes, profiles, wire or the like, which decreased by -60% to 2 units in 2022. In general, exports continue to indicate a dramatic curtailment. The smallest decline of -18.8% was in 2020. The exports peaked at 16 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, bar draw-bench exports declined significantly to $3.3K in 2022. Over the period under review, exports showed a sharp slump. The growth pace was the most rapid in 2020 when exports increased by 69%. As a result, the exports attained the peak of $355K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Bar Draw-Bench in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 20.2 | 3.2 | 2.7 | 2.0 | -53.7% |
| British Virgin Islands | N/A | N/A | N/A | 1.3 | 0% |
| Haiti | 3.4 | 0.6 | 0.5 | N/A | -61.7% |
| China | N/A | N/A | 67.4 | N/A | 0% |
| Cuba | N/A | N/A | N/A | N/A | 0% |
| Italy | 187 | 352 | 77.6 | N/A | -35.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 211 | 355 | 148 | 3.3 | -75.0% |
Top Export Markets for Bar Draw-Bench from the Dominican Republic in 2022:
- United States (1.0 units)
- British Virgin Islands (1.0 units)
This report provides an in-depth analysis of the bar draw-bench 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 28413410 - Draw-benches for bars, tubes, profiles, wire or the like of metal, sintered metal carbides or cermets
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
-
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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