Price for Book-Binding Machinery; Including Book-Sewing Machines in the Dominican Republic - 2023

Contents:

  1. Price for Book-Binding Machinery; Including Book-Sewing Machines in the Dominican Republic (CIF) - 2022
  2. Price for Book-Binding Machinery; Including Book-Sewing Machines in the Dominican Republic (FOB) - 2022
  3. Imports of Book-Binding Machinery; Including Book-Sewing Machines in the Dominican Republic
  4. Exports of Book-Binding Machinery; Including Book-Sewing Machines in the Dominican Republic

Price for Book-Binding Machinery; Including Book-Sewing Machines in the Dominican Republic (CIF) - 2022

In 2022, the average import price for book-binding machinery; including book-sewing machineses amounted to $119 per unit, which is down by -20.9% against the previous year. Overall, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 25% against the previous year. As a result, import price attained the peak level of $541 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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 Spain ($329 per unit), while the price for Belgium ($50 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.8%), while the prices for the other major suppliers experienced a decline.

Price for Book-Binding Machinery; Including Book-Sewing Machines in the Dominican Republic (FOB) - 2022

In 2022, the average export price for book-binding machinery; including book-sewing machineses amounted to $1,138 per unit, rising by 571% against the previous year. In general, the export price saw a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for El Salvador.

From 2012 to 2022, the rate of growth in terms of prices for Honduras amounted to +45.0% per year.

Imports of Book-Binding Machinery; Including Book-Sewing Machines in the Dominican Republic

Book-binding machinery; including book-sewing machines imports into the Dominican Republic reduced dramatically to 1.5K units in 2022, waning by -16.2% on 2021. Over the period under review, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 171% against the previous year. As a result, imports reached the peak of 1.8K units, and then shrank significantly in the following year.

In value terms, book-binding machinery; including book-sewing machines imports contracted notably to $184K in 2022. Overall, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 80%. As a result, imports attained the peak of $278K, and then dropped remarkably in the following year.

Import of Book-Binding Machinery; Including Book-Sewing Machines in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11929.076.8103-4.7%
United States25.239.710336.613.2%
Spain0.53.27.510.8178.5%
Mexico10.03.80.31.2-50.7%
Belgium0.50.40.71.233.9%
India19.113.418.90.3-75.0%
Sweden14.99.15.3N/A-40.4%
Switzerland1.28.121.0N/A318.3%
Netherlands7.66.09.6N/A12.4%
Others49.441.734.631.2-14.2%
Total248154278184-9.5%

Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to the Dominican Republic in 2022:

  1. China (1030.0 units)
  2. United States (414.0 units)
  3. Spain (33.0 units)
  4. Belgium (25.0 units)
  5. Mexico (13.0 units)

Exports of Book-Binding Machinery; Including Book-Sewing Machines in the Dominican Republic

Book-binding machinery; including book-sewing machines exports from the Dominican Republic declined remarkably to 3 units in 2022, with a decrease of -76.9% on 2021. In general, exports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 160% against the previous year. As a result, the exports reached the peak of 13 units, and then fell rapidly in the following year.

In value terms, book-binding machinery; including book-sewing machines exports surged to $3.6K in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 167% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Export of Book-Binding Machinery; Including Book-Sewing Machines in the Dominican Republic (USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador90.096.01033,000221.8%
Venezuela51.081.0222N/A108.6%
Haiti617450329N/A-27.0%
United KingdomN/A42.0N/AN/A0%
OmanN/AN/A375N/A0%
Egypt281N/AN/AN/A0%
Jamaica17995.029.0N/A-59.7%
Others81.058.01,13356090.5%
Total1,2998222,1913,56039.9%

Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from the Dominican Republic in 2022:

  1. El Salvador (3.0 units)

Source: IndexBox Market Intelligence Platform

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