Dominican Republic - In-Hand Motor Grinders, Sanders And Planers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in the Dominican Republic - 2023
Contents:
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in the Dominican Republic (CIF) - 2022
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in the Dominican Republic (FOB) - 2022
- Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in the Dominican Republic
- Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in the Dominican Republic
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in the Dominican Republic (CIF) - 2022
The average import price for in-hand motor grinders, sanders and planers stood at $31 per unit in 2022, picking up by 21% against the previous year. Over the period under review, the import price, however, continues to indicate a deep slump. The pace of growth was the most pronounced in 2017 an increase of 26%. Over the period under review, average import prices reached the maximum at $84 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($194 per unit), while the price for China ($22 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in the Dominican Republic (FOB) - 2022
The average export price for in-hand motor grinders, sanders and planers stood at $63 per unit in 2022, surging by 7.6% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 55%. As a result, the export price reached the peak level of $105 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($265 per unit), while the average price for exports to Antigua and Barbuda stood at $46 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+12.6%), while the prices for the other major destinations experienced a decline.
Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in the Dominican Republic
In 2022, imports of in-hand motor grinders, sanders and planers into the Dominican Republic reduced rapidly to 33K units, shrinking by -32.4% compared with 2021. In general, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2021 with an increase of 184% against the previous year. As a result, imports reached the peak of 49K units, and then dropped rapidly in the following year.
In value terms, imports of in-hand motor grinders, sanders and planers contracted sharply to $1M in 2022. Overall, imports faced a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 58%. Over the period under review, imports of hit record highs at $1.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 970 | 555 | 817 | 650 | -12.5% |
| United States | 258 | 110 | 271 | 179 | -11.5% |
| Mexico | 68.5 | 35.5 | 53.2 | 48.4 | -10.9% |
| Spain | 44.1 | 24.8 | 36.0 | 18.8 | -24.7% |
| Others | 176 | 68.7 | 79.0 | 129 | -9.8% |
| Total | 1,517 | 794 | 1,256 | 1,025 | -12.3% |
Top Suppliers of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor to the Dominican Republic in 2022:
- China (29.5K units)
- United States (1.6K units)
- Mexico (0.8K units)
- Spain (0.5K units)
Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in the Dominican Republic
In 2022, approx. 213 units of in-hand motor grinders, sanders and planers were exported from the Dominican Republic; growing by 27% compared with the year before. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 274% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of in-hand motor grinders, sanders and planers skyrocketed to $13K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 482% against the previous year. As a result, the exports reached the peak of $17K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Antigua and Barbuda | 1.9 | N/A | N/A | 8.9 | 67.3% |
| Canada | N/A | N/A | N/A | 3.1 | 0% |
| Barbados | N/A | 1.3 | N/A | N/A | 0% |
| Guatemala | N/A | 2.2 | N/A | N/A | 0% |
| Saint Lucia | N/A | 0.9 | N/A | N/A | 0% |
| Australia | N/A | N/A | 9.5 | N/A | 0% |
| Jamaica | 0.5 | 11.3 | N/A | N/A | 2160.0% |
| Others | 0.5 | 1.3 | 0.3 | 1.3 | 37.5% |
| Total | 2.9 | 17.0 | 9.8 | 13.4 | 66.6% |
Top Export Markets for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor from the Dominican Republic in 2022:
- Antigua and Barbuda (195.0 units)
- Canada (12.0 units)
This report provides an in-depth analysis of the market for electromechanical tools for working in the hand, with self-contained electric motor 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:
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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