Dominican Republic - Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMeasuring Instrument Price in the Dominican Republic - 2023
Contents:
- Measuring Instrument Price in the Dominican Republic (CIF) - 2022
- Measuring Instrument Price in the Dominican Republic (FOB) - 2022
- Measuring Instrument Imports in the Dominican Republic
- Measuring Instrument Exports in the Dominican Republic
Measuring Instrument Price in the Dominican Republic (CIF) - 2022
In 2022, the average measuring instrument import price amounted to $279 per unit, reducing by -44.2% against the previous year. In general, the import price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 318%. As a result, import price reached the peak level of $500 per unit, and then contracted significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,696 per unit), while the price for China ($68 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Measuring Instrument Price in the Dominican Republic (FOB) - 2022
In 2022, the average measuring instrument export price amounted to $274 per unit, reducing by -61% against the previous year. In general, the export price continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 130%. As a result, the export price attained the peak level of $704 per unit, and then shrank dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($1,117 per unit), while the average price for exports to Costa Rica ($31 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 Panama (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
Measuring Instrument Imports in the Dominican Republic
Measuring instrument imports into the Dominican Republic surged to 20K units in 2022, rising by 110% on the previous year. Overall, imports continue to indicate noticeable growth. The growth pace was the most rapid in 2020 when imports increased by 197% against the previous year. As a result, imports reached the peak of 55K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, measuring instrument imports soared to $5.7M in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 136% against the previous year. As a result, imports reached the peak of $6.5M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Measuring Instrument in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 627 | 2,289 | 374 | 1,241 | 25.6% |
South Korea | 38.0 | 51.4 | 347 | 652 | 157.9% |
Others | 2,107 | 4,191 | 4,138 | 3,801 | 21.7% |
Total | 2,773 | 6,532 | 4,858 | 5,695 | 27.1% |
Top Suppliers of Measuring Instrument to the Dominican Republic in 2022:
- China (18.3K units)
- South Korea (0.6K units)
Measuring Instrument Exports in the Dominican Republic
For the fourth year in a row, the Dominican Republic recorded growth in overseas shipments of instruments and apparatus for measuring or checking the flow or level of liquids, which increased by 66% to 1.2K units in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, measuring instrument exports contracted sharply to $325K in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 243% against the previous year. As a result, the exports attained the peak of $504K, and then dropped significantly in the following year.
Export of Measuring Instrument in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 15.1 | 35.4 | 47.3 | 62.8 | 60.8% |
China | 9.4 | 22.2 | N/A | 38.3 | 59.7% |
Egypt | 5.7 | 7.6 | 14.9 | 32.0 | 77.7% |
Ecuador | 2.9 | 7.0 | 12.3 | 24.0 | 102.3% |
Jamaica | 0.2 | 2.9 | 12.1 | 23.5 | 389.8% |
Canada | 8.7 | N/A | 6.2 | 15.9 | 22.3% |
Cuba | 5.6 | 3.4 | N/A | 11.5 | 27.1% |
Haiti | 3.6 | 3.8 | 3.5 | 11.5 | 47.3% |
Panama | 3.4 | 3.7 | 5.9 | 10.5 | 45.6% |
Norway | 0.7 | 0.7 | 0.9 | 9.1 | 135.1% |
Portugal | 1.4 | 1.7 | 3.0 | 5.8 | 60.6% |
Costa Rica | 2.7 | 1.6 | N/A | 5.6 | 27.5% |
El Salvador | 0.7 | 1.0 | 2.1 | 4.9 | 91.3% |
Others | 24.3 | 55.7 | 395 | 69.8 | 42.2% |
Total | 84.5 | 147 | 504 | 325 | 56.7% |
Top Export Markets for Measuring Instrument from the Dominican Republic in 2022:
- China (219.0 units)
- Costa Rica (182.0 units)
- Jamaica (151.0 units)
- Panama (82.0 units)
- Haiti (81.0 units)
- Ecuador (59.0 units)
- Egypt (58.0 units)
- Mexico (56.0 units)
- Portugal (41.0 units)
- El Salvador (34.0 units)
- Norway (32.0 units)
- Cuba (29.0 units)
- Canada (28.0 units)
This report provides an in-depth analysis of the measuring instrument 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 26515235 - Electronic flow meters (excluding supply meters, hydrometric paddle-wheels)
- Prodcom 26515239 - Electronic instruments and apparatus for measuring or checking the level of liquids
- Prodcom 26515255 - Non-electronic flow meters (excluding supply meters, h ydrometric paddle-wheels)
- Prodcom 26515259 - Non-electronic instruments and apparatus for measuring or checking the level of liquids
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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