Dominican Republic - Lifting, Handling, Loading Or Unloading Machinery - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Dominican Republic - Lifting, Handling, Loading Or Unloading Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Loading Machinery Price in the Dominican Republic - 2023

Contents:

  1. Loading Machinery Price in the Dominican Republic (CIF) - 2022
  2. Loading Machinery Price in the Dominican Republic (FOB) - 2022
  3. Loading Machinery Imports in the Dominican Republic
  4. Loading Machinery Exports in the Dominican Republic

Loading Machinery Price in the Dominican Republic (CIF) - 2022

The average loading machinery import price stood at $4,998 per unit in 2022, waning by -2.5% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, loading machinery import price increased by +82.6% against 2017 indices. The pace of growth appeared the most rapid in 2021 an increase of 41%. As a result, import price attained the peak level of $5,124 per unit, and then shrank modestly in the following year.

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 Panama ($7,912 per unit), while the price for Poland ($2,448 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Loading Machinery Price in the Dominican Republic (FOB) - 2022

The average loading machinery export price stood at $3,612 per unit in 2022, surging by 44% against the previous year. Overall, the export price posted a modest expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 370% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($8,775 per unit), while the average price for exports to Haiti ($2,208 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+405.7%), while the prices for the other major destinations experienced mixed trend patterns.

Loading Machinery Imports in the Dominican Republic

Loading machinery imports into the Dominican Republic fell dramatically to 636 units in 2022, declining by -30.9% compared with the previous year's figure. In general, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 98% against the previous year. As a result, imports attained the peak of 921 units, and then contracted sharply in the following year.

In value terms, loading machinery imports fell significantly to $3.2M in 2022. Overall, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 179% against the previous year. As a result, imports reached the peak of $4.7M, and then shrank rapidly in the following year.

Import of Loading Machinery in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2261533961,45786.1%
United States1,0526191,770807-8.5%
PanamaN/AN/AN/A1860%
MalaysiaN/A449N/A185-35.8%
Spain78.616646715826.2%
Canada80.337.412088.23.2%
TurkeyN/AN/AN/A86.40%
Germany18.537.510654.843.6%
PolandN/AN/AN/A53.20%
France39338.1N/A7.8-72.9%
United Kingdom1,68014.054.00.1-96.1%
Japan10011.4188N/A37.1%
Others4801641,62094.2-41.9%
Total4,1101,6894,7223,178-8.2%

Top Suppliers of Loading Machinery to the Dominican Republic in 2022:

  1. China (241.0 units)
  2. United States (203.0 units)
  3. Spain (46.0 units)
  4. Turkey (25.0 units)
  5. Malaysia (25.0 units)
  6. Panama (24.0 units)
  7. Poland (22.0 units)
  8. Germany (20.0 units)
  9. Canada (15.0 units)

Loading Machinery Exports in the Dominican Republic

In 2022, approx. 80 units of lifting, handling, loading or unloading machinery were exported from the Dominican Republic; jumping by 264% against 2021 figures. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, loading machinery exports surged to $291K in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Loading Machinery in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.336.420.2152175.1%
Costa RicaN/AN/AN/A70.00%
France0.40.90.331.6329.1%
Haiti6.51.633.00.1-75.1%
Spain7.20.1N/AN/A-98.6%
Others6.01.20.637.183.5%
Total27.340.254.2291120.1%

Top Export Markets for Loading Machinery from the Dominican Republic in 2022:

  1. United States (62.0 units)
  2. Costa Rica (14.0 units)
  3. France (4.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the loading machinery 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 28221840 - Lifting, handling, loading or unloading machinery, n.e.s.
  • Prodcom 28221850 - Loading machinery specially designed for agricultural 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:

  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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