Dominican Republic - Mowers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMower Price in the Dominican Republic - 2023
Contents:
- Mower Price in the Dominican Republic (CIF) - 2022
- Mower Price in the Dominican Republic (FOB) - 2022
- Mower Imports in the Dominican Republic
- Mower Exports in the Dominican Republic
Mower Price in the Dominican Republic (CIF) - 2022
In 2022, the average mower import price amounted to $557 per unit, rising by 14% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mower import price increased by +135.1% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by 90% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
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 China ($2,178 per unit), while the price for Italy ($325 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Mower Price in the Dominican Republic (FOB) - 2022
In 2022, the average mower export price amounted to $479 per unit, surging by 23% against the previous year. Over the period under review, the export price posted noticeable growth. The pace of growth appeared the most rapid in 2018 an increase of 1,026%. As a result, the export price reached the peak level of $1,461 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($736 per unit), while the average price for exports to Haiti ($338 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 Sri Lanka (+274.4%), while the prices for the other major destinations experienced more modest paces of growth.
Mower Imports in the Dominican Republic
After two years of decline, overseas purchases of mowers increased by 3.9% to 6.5K units in 2022. Overall, imports, however, saw a drastic downturn. Imports peaked at 9.3K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, mower imports soared to $3.6M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.1% 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 +70.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Mower in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,196 | 1,342 | 1,267 | 1,223 | 0.7% |
| China | 351 | 294 | 885 | 1,198 | 50.6% |
| Brazil | 113 | 50.9 | 222 | 441 | 57.4% |
| Mexico | 165 | 170 | 268 | 309 | 23.3% |
| Japan | 51.6 | 67.9 | 106 | 193 | 55.2% |
| Spain | 78.5 | 46.9 | 21.9 | 131 | 18.6% |
| Italy | 71.3 | 75.8 | 128 | 41.0 | -16.8% |
| Others | 181 | 93.8 | 165 | 104 | -16.9% |
| Total | 2,207 | 2,141 | 3,063 | 3,639 | 18.1% |
Top Suppliers of Mower to the Dominican Republic in 2022:
- United States (3547.0 units)
- Mexico (814.0 units)
- China (550.0 units)
- Brazil (451.0 units)
- Japan (415.0 units)
- Spain (327.0 units)
- Italy (126.0 units)
Mower Exports in the Dominican Republic
In 2022, exports of mowers from the Dominican Republic surged to 136 units, jumping by 325% compared with 2021. Overall, exports, however, saw a abrupt descent. The exports peaked at 246 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, mower exports surged to $65K in 2022. Over the period under review, exports, however, showed a sharp descent. The exports peaked at $260K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Mower in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | N/A | N/A | N/A | 29.5 | 0% |
| Sri Lanka | N/A | N/A | N/A | 21.3 | 0% |
| Colombia | N/A | N/A | N/A | 12.8 | 0% |
| Haiti | 3.2 | N/A | 5.6 | 1.0 | -32.1% |
| United States | 12.9 | 8.5 | 1.2 | 0.3 | -71.5% |
| Turks and Caicos Islands | N/A | N/A | 0.1 | N/A | 0% |
| Panama | 217 | N/A | N/A | N/A | 0% |
| Netherlands | 1.8 | N/A | N/A | N/A | 0% |
| Jamaica | 3.4 | N/A | N/A | N/A | 0% |
| Brazil | 19.5 | N/A | N/A | N/A | 0% |
| Others | 2.8 | 3.2 | 5.5 | 0.2 | -58.5% |
| Total | 260 | 11.8 | 12.5 | 65.2 | -36.9% |
Top Export Markets for Mower from the Dominican Republic in 2022:
- Ecuador (70.0 units)
- Colombia (31.0 units)
- Sri Lanka (29.0 units)
- Haiti (3.0 units)
- United States (1.0 units)
This report provides an in-depth analysis of the mower 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 28304010 - Electric mowers for lawns, parks, golf courses or sports grounds
- Prodcom 28304030 - Mowers for lawns, parks or sports grounds, powered nonelectrically, w ith the cutting device rotating in a horizontal plane
- Prodcom 28304050 - Motor mowers for lawns, parks or sports grounds, powered non-electrically, with the cutting device rotating in a vertical plane or with cutter bars
- Prodcom 28304070 - Non-motorised mowers for lawns, parks, golf courses or sports grounds (such as push cylinder mowers) (excluding with the cutting device rotating in a horizontal plane)
- Prodcom 28305130 - Motor mowers (excluding for lawns, parks, golf courses or sports grounds)
- Prodcom 28305153 -
- Prodcom 28305155 -
- Prodcom 28305150 - Mowers, including cutter bars, designed to be carried on or hauled by a tractor
- Prodcom 28305170 - Mowers (excluding those with motors, for lawns, parks, golf courses or sports grounds, those designed to be hauled or carried by a tractor)
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
-
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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