Dominican Republic - Bearing Housings Incorporating Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Bearing Housing with Ball Bearing in the Dominican Republic - 2023
Contents:
- Price for Bearing Housing with Ball Bearing in the Dominican Republic (CIF) - 2023
- Price for Bearing Housing with Ball Bearing in the Dominican Republic (FOB) - 2022
- Imports of Bearing Housing with Ball Bearing in the Dominican Republic
- Exports of Bearing Housing with Ball Bearing in the Dominican Republic
Price for Bearing Housing with Ball Bearing in the Dominican Republic (CIF) - 2023
In March 2023, the average import price for bearing housings incorporating ball or roller bearings amounted to $6,280 per ton, which is down by -74.6% against the previous month. In general, the import price faced a deep reduction. The pace of growth appeared the most rapid in May 2022 an increase of 323% against the previous month. As a result, import price attained the peak level of $48,861 per ton. From June 2022 to March 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Japan ($28,421 per ton), while the price for the United States ($2,829 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 Japan (+3.1%), while the prices for the other major suppliers experienced a decline.
Price for Bearing Housing with Ball Bearing in the Dominican Republic (FOB) - 2022
In 2022, the average export price for bearing housings incorporating ball or roller bearings amounted to $63,313 per ton, waning by -41.6% against the previous year. Over the period under review, the export price, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2014 an increase of 606%. The export price peaked at $108,660 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($87,000 per ton), while the average price for exports to Haiti stood at $56,222 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+55.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Bearing Housing with Ball Bearing in the Dominican Republic
In 2022, after three years of growth, there was significant decline in overseas purchases of bearing housings incorporating ball or roller bearings, when their volume decreased by -5.5% to 142 tons. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 84%. As a result, imports reached the peak of 151 tons, and then dropped in the following year.
In value terms, bearing housing with ball bearing imports soared to $3.1M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +72.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 31%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Bearing Housing with Ball Bearing in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 995 | 1,214 | 1,125 | 1,991 | 26.0% |
| China | 489 | 268 | 768 | 617 | 8.1% |
| Japan | 186 | 114 | 111 | 158 | -5.3% |
| Italy | 139 | 78.5 | 123 | 157 | 4.1% |
| Others | 326 | 137 | 253 | 193 | -16.0% |
| Total | 2,135 | 1,811 | 2,380 | 3,116 | 13.4% |
Top Suppliers of Bearing Housing with Ball Bearing to the Dominican Republic in 2022:
- China (61.1 tons)
- United States (57.5 tons)
- Japan (7.9 tons)
- Italy (6.2 tons)
Exports of Bearing Housing with Ball Bearing in the Dominican Republic
In 2022, overseas shipments of bearing housings incorporating ball or roller bearings decreased by -6.9% to 134 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 278%. As a result, the exports reached the peak of 363 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, bearing housing with ball bearing exports fell dramatically to $8.5K in 2022. In general, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 37%.
| Export of Bearing Housing with Ball Bearing in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 2.8 | 1.4 | 1.6 | 6.1 | 29.6% |
| United States | N/A | 0.1 | 14.0 | 2.2 | 369.0% |
| Colombia | N/A | 0.5 | N/A | N/A | 0% |
| Cuba | 4.9 | 11.0 | N/A | N/A | 124.5% |
| Others | 2.5 | 1.1 | N/A | 0.2 | -56.9% |
| Total | 10.2 | 14.1 | 15.6 | 8.5 | -5.9% |
Top Export Markets for Bearing Housing with Ball Bearing from the Dominican Republic in 2022:
- Haiti (108.0 kg)
- United States (25.0 kg)
This report provides an in-depth analysis of the market for bearing housing with ball bearing 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 28152330 - Bearing housings incorporating ball or roller bearings
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
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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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