Dominican Republic - Electronic Machines And Appliances For Testing Metals - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Dominican Republic - Electronic Machines And Appliances For Testing Metals - Market Analysis, Forecast, Size, Trends And Insights

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Electronic Metal Tester Price in the Dominican Republic - 2023

Contents:

  1. Electronic Metal Tester Price in the Dominican Republic (CIF) - 2022
  2. Electronic Metal Tester Price in the Dominican Republic (FOB) - 2022
  3. Electronic Metal Tester Imports in the Dominican Republic
  4. Electronic Metal Tester Exports in the Dominican Republic

Electronic Metal Tester Price in the Dominican Republic (CIF) - 2022

In 2022, the average electronic metal tester import price amounted to $7,520 per unit, shrinking by -16.3% against the previous year. Overall, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 an increase of 149% against the previous year. The import price peaked at $26,863 per unit in 2015; however, from 2016 to 2022, import prices remained at a 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 Germany ($15,533 per unit), while the price for the United States ($4,041 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+63.7%), while the prices for the other major suppliers experienced a decline.

Electronic Metal Tester Price in the Dominican Republic (FOB) - 2022

In 2022, the average electronic metal tester export price amounted to $1,271 per unit, declining by -87.6% against the previous year. Overall, the export price recorded a deep setback. The pace of growth appeared the most rapid in 2013 an increase of 441%. As a result, the export price attained the peak level of $32,968 per unit. From 2014 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 Italy.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +2,227.6% per year.

Electronic Metal Tester Imports in the Dominican Republic

In 2022, electronic metal tester imports into the Dominican Republic surged to 35 units, picking up by 35% on the previous year's figure. Overall, imports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 136%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, electronic metal tester imports amounted to $265K in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 95% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Electronic Metal Tester in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.31.410.9191137.3%
United States41.153.011955.210.3%
Germany7.011.713.715.129.2%
Taiwan (Chinese)N/A3.3N/AN/A0%
TurkeyN/AN/A14.1N/A0%
Others57.349.373.33.1-62.2%
Total12011923126530.2%

Top Suppliers of Electronic Metal Tester to the Dominican Republic in 2022:

  1. China (20.0 units)
  2. United States (14.0 units)
  3. Germany (1.0 units)

Electronic Metal Tester Exports in the Dominican Republic

In 2022, electronic metal tester exports from the Dominican Republic totaled 1 units, leveling off at the year before. Over the period under review, exports saw a dramatic contraction. The smallest decline of -50% was in 2020. Over the period under review, the exports hit record highs at 2 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, electronic metal tester exports fell dramatically to $1.2K in 2022. Overall, exports showed a sharp reduction. The smallest decline of -51.5% was in 2020. The exports peaked at $23K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Electronic Metal Tester in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A1.20%
United States22.610.92.6N/A-66.1%
OthersN/A0.1N/AN/A0%
Total22.611.02.61.2-62.4%

Top Export Markets for Electronic Metal Tester from the Dominican Republic in 2022:

  1. Italy (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electronic metal tester 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 26516210 - Electronic machines and appliances for testing the mechanical properties of metals (excluding metallographic machines or appliances, instruments for detecting defects)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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