Dominican Republic - Flywheels And Pulleys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFlywheels and Pulleys Price in the Dominican Republic - 2023
Contents:
- Flywheels and Pulleys Price in the Dominican Republic (CIF) - 2023
- Flywheels and Pulleys Price in the Dominican Republic (FOB) - 2022
- Flywheels and Pulleys Imports in the Dominican Republic
- Flywheels and Pulleys Exports in the Dominican Republic
Flywheels and Pulleys Price in the Dominican Republic (CIF) - 2023
In March 2023, the average flywheels and pulleys import price amounted to $10,105 per ton, dropping by -27.5% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 310% m-o-m. As a result, import price reached the peak level of $40,082 per ton. From January 2023 to March 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($17,759 per ton), while the price for Japan ($3,843 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Flywheels and Pulleys Price in the Dominican Republic (FOB) - 2022
In 2022, the average flywheels and pulleys export price amounted to $28,016 per ton, rising by 55% against the previous year. Overall, the export price posted a buoyant increase. The pace of growth was the most pronounced in 2015 an increase of 965% against the previous year. Over the period under review, the average export prices hit record highs at $36,519 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turks and Caicos Islands ($31,807 per ton), while the average price for exports to Panama ($8,545 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turks and Caicos Islands (+103.1%), while the prices for the other major destinations experienced more modest paces of growth.
Flywheels and Pulleys Imports in the Dominican Republic
In 2022, approx. 300 tons of flywheels and pulleys were imported into the Dominican Republic; increasing by 28% on the previous year. Overall, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 78% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, flywheels and pulleys imports skyrocketed to $3.2M in 2022. Over the period under review, imports recorded resilient growth. The growth pace was the most rapid in 2021 when imports increased by 65% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Flywheels and Pulleys in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 652 | 434 | 804 | 1,105 | 19.2% |
| United States | 825 | 544 | 886 | 772 | -2.2% |
| South Africa | N/A | 0.2 | 14.6 | 451 | 4648.7% |
| Germany | 158 | 69.4 | 137 | 173 | 3.1% |
| South Korea | 59.1 | 39.5 | 78.6 | 92.7 | 16.2% |
| Japan | 64.0 | 42.6 | 85.4 | 91.5 | 12.7% |
| Others | 411 | 401 | 526 | 551 | 10.3% |
| Total | 2,169 | 1,531 | 2,531 | 3,236 | 14.3% |
Top Suppliers of Flywheels and Pulleys to the Dominican Republic in 2022:
- China (144.6 tons)
- United States (45.5 tons)
- South Africa (40.7 tons)
- Japan (20.7 tons)
- South Korea (20.5 tons)
- Germany (4.9 tons)
Flywheels and Pulleys Exports in the Dominican Republic
In 2022, after three years of growth, there was significant decline in shipments abroad of flywheels and pulleys, when their volume decreased by -13.7% to 5.2 tons. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 167% against the previous year.
In value terms, flywheels and pulleys exports soared to $145K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 341%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Flywheels and Pulleys in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.6 | 37.2 | 107 | 136 | 339.7% |
| Turks and Caicos Islands | N/A | N/A | N/A | 4.8 | 0% |
| Haiti | 0.8 | 4.2 | 0.8 | 2.2 | 40.1% |
| Panama | 1.0 | N/A | N/A | 1.1 | 3.2% |
| Mexico | 0.2 | N/A | N/A | N/A | 0% |
| Others | 9.0 | 14.4 | N/A | 0.7 | -57.3% |
| Total | 12.6 | 55.7 | 108 | 145 | 125.8% |
Top Export Markets for Flywheels and Pulleys from the Dominican Republic in 2022:
- United States (4.8 tons)
- Haiti (0.1 tons)
- Turks and Caicos Islands (0.1 tons)
- Panama (0.1 tons)
This report provides an in-depth analysis of the flywheels and pulleys 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 28152500 - Flywheels and pulleys (including pulley blocks)
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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