Dominican Republic - Cylindrical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCylindrical Roller Bearing Price in the Dominican Republic - 2023
Contents:
- Cylindrical Roller Bearing Price in the Dominican Republic (CIF) - 2022
- Cylindrical Roller Bearing Price in the Dominican Republic (FOB) - 2022
- Cylindrical Roller Bearing Imports in the Dominican Republic
- Cylindrical Roller Bearing Exports in the Dominican Republic
Cylindrical Roller Bearing Price in the Dominican Republic (CIF) - 2022
In 2022, the import price in the Dominican Republic amounted to $31,727 per ton, with a decrease of -16.3% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 24% against the previous year. Over the period under review, import prices attained the maximum at $37,899 per ton in 2021, and then dropped notably in the following year.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($38,208 per ton), while Russia ($4,623 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+2.6%), while the other leaders experienced more modest paces of growth.
Cylindrical Roller Bearing Price in the Dominican Republic (FOB) - 2022
In 2022, the export price in the Dominican Republic amounted to $5,398 per ton, falling by -50.3% against the previous year. Overall, the export price saw a deep setback. The growth pace was the most rapid in 2016 an increase of 140% against the previous year. Over the period under review, the export prices attained the peak figure at $41,238 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($57,238 per ton), while Russia ($8,046 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.3%), while the other leaders experienced more modest paces of growth.
Cylindrical Roller Bearing Imports in the Dominican Republic
Cylindrical roller bearing imports into the Dominican Republic soared to 25 tons in 2022, growing by 18% compared with the previous year. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, cylindrical roller bearing imports dropped modestly to $799K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 51%. As a result, imports reached the peak of $811K, and then dropped slightly in the following year.
| Import of Cylindrical Roller Bearing in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 674 | 799 | 858 | 732 | 2.8% |
| Germany | 402 | 313 | 398 | 445 | 3.4% |
| United States | 365 | 275 | 307 | 391 | 2.3% |
| Mexico | 125 | 104 | 108 | 130 | 1.3% |
| Italy | 123 | 105 | 126 | 126 | 0.8% |
| Brazil | 68.0 | 56.3 | 78.8 | 109 | 17.0% |
| Russia | 152 | 103 | 111 | 107 | -11.0% |
| South Korea | 121 | 98.4 | 110 | 104 | -4.9% |
| Spain | 57.0 | 202 | 164 | 87.9 | 15.5% |
| Indonesia | 31.3 | 25.4 | 33.6 | 52.9 | 19.1% |
| Turkey | 34.0 | 36.7 | 42.7 | 52.6 | 15.7% |
| Czech Republic | 36.3 | 33.0 | 41.5 | 44.8 | 7.3% |
| Thailand | 39.6 | 33.8 | 40.0 | 36.0 | -3.1% |
| Others | -2,227.5 | -2,185.6 | -2,416.6 | -2,416.4 | 2.8% |
| Total | 0.4 | 0.5 | 0.8 | 0.8 | 26.0% |
Top Suppliers of Cylindrical Roller Bearing to the Dominican Republic in 2022:
- China (29.9K tons)
- Russia (23.2K tons)
- Germany (22.0K tons)
- United States (10.2K tons)
- Spain (6.2K tons)
- Mexico (5.6K tons)
- Italy (5.3K tons)
- Brazil (4.7K tons)
- Thailand (4.6K tons)
- South Korea (4.5K tons)
- Indonesia (3.9K tons)
- Turkey (3.5K tons)
- Czech Republic (3.2K tons)
Cylindrical Roller Bearing Exports in the Dominican Republic
For the fourth consecutive year, the Dominican Republic recorded growth in shipments abroad of cylindrical roller bearings, which increased by 73% to 278 kg in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 283%. The the Dominican Republic exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, cylindrical roller bearing exports declined to $1.5K in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 190% against the previous year.
| Export of Cylindrical Roller Bearing in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 998 | 942 | 992 | 902 | -3.3% |
| Japan | 374 | 335 | 384 | 375 | 0.1% |
| China | 244 | 195 | 271 | 298 | 6.9% |
| Romania | 139 | 118 | 114 | 156 | 3.9% |
| France | 172 | 111 | 145 | 150 | -4.5% |
| Slovakia | 111 | 95.6 | 108 | 110 | -0.3% |
| Italy | 102 | 69.9 | 89.3 | 99.3 | -0.9% |
| Canada | 95.0 | 78.8 | 80.6 | 91.8 | -1.1% |
| Kazakhstan | 76.3 | 49.3 | 51.8 | 90.3 | 5.8% |
| Hong Kong SAR | 117 | 144 | 114 | 89.5 | -8.5% |
| Taiwan (Chinese) | 12.6 | 48.3 | 65.3 | 56.8 | 65.2% |
| Poland | 22.9 | 19.0 | 28.1 | 28.1 | 7.1% |
| Russia | 21.8 | 20.1 | 24.2 | 22.1 | 0.5% |
| Others | -2,487.1 | -2,227.1 | -2,467.6 | -2,468.7 | -0.2% |
| Total | N/A | N/A | N/A | N/A | 0% |
Top Export Markets for Cylindrical Roller Bearing from the Dominican Republic in 2022:
- Germany (30.6K tons)
- China (25.8K tons)
- Japan (17.9K tons)
- Romania (10.8K tons)
- Slovakia (7.9K tons)
- Taiwan (Chinese) (5.9K tons)
- Kazakhstan (5.3K tons)
- Canada (2.8K tons)
- Poland (2.7K tons)
- Russia (2.7K tons)
- Hong Kong SAR (2.7K tons)
- Italy (2.6K tons)
- France (2.6K tons)
This report provides an in-depth analysis of the cylindrical roller bearing 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 28151057 - Cylindrical roller bearings (excluding roller bearings, needle roller bearings)
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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