Dominican Republic - Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Dominican Republic - Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fully or Partly Automatic Arc Welding Machine in the Dominican Republic - 2023

Contents:

  1. Price for Fully or Partly Automatic Arc Welding Machine in the Dominican Republic (CIF) - 2022
  2. Price for Fully or Partly Automatic Arc Welding Machine in the Dominican Republic (FOB) - 2022
  3. Imports of Fully or Partly Automatic Arc Welding Machine in the Dominican Republic
  4. Exports of Fully or Partly Automatic Arc Welding Machine in the Dominican Republic

Price for Fully or Partly Automatic Arc Welding Machine in the Dominican Republic (CIF) - 2022

In 2022, the average import price for fully or partly automatic electric machines for arc welding of metals amounted to $219 per unit, reducing by -40% against the previous year. In general, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2019 an increase of 163% against the previous year. As a result, import price attained the peak level of $777 per unit. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,234 per unit), while the price for Japan ($107 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 (+23.3%), while the prices for the other major suppliers experienced a decline.

Price for Fully or Partly Automatic Arc Welding Machine in the Dominican Republic (FOB) - 2022

The average export price for fully or partly automatic electric machines for arc welding of metals stood at $8,479 per unit in 2022, approximately equating the previous year. Over the period under review, the export price posted a strong increase. The growth pace was the most rapid in 2017 when the average export price increased by 358% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($5,600 per unit), while the average price for exports to Haiti totaled $46 per unit.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+13.6%).

Imports of Fully or Partly Automatic Arc Welding Machine in the Dominican Republic

For the fourth consecutive year, the Dominican Republic recorded growth in supplies from abroad of fully or partly automatic electric machines for arc welding of metals, which increased by 12% to 515 units in 2022. In general, imports recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 584%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals reduced dramatically to $113K in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 1,130% against the previous year. As a result, imports reached the peak of $167K, and then fell rapidly in the following year.

Import of Fully or Partly Automatic Arc Welding Machine in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.83.651.555.8144.9%
United States12.94.311129.131.1%
Spain5.10.20.215.344.2%
Mexico9.35.3N/A12.19.2%
JapanN/A0.2N/A0.322.5%
BrazilN/AN/A5.0N/A0%
OthersN/AN/AN/AN/A0%
Total31.113.616711353.7%

Top Suppliers of Fully or Partly Automatic Arc Welding Machine to the Dominican Republic in 2022:

  1. Mexico (57.0 units)
  2. Spain (39.0 units)
  3. China (25.0 units)
  4. United States (20.0 units)
  5. Japan (3.0 units)

Exports of Fully or Partly Automatic Arc Welding Machine in the Dominican Republic

In 2022, overseas shipments of fully or partly automatic electric machines for arc welding of metals decreased by 0% to 1 units, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 600% against the previous year. As a result, the exports attained the peak of 7 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals stood at $8.5K in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 624% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Fully or Partly Automatic Arc Welding Machine in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/AN/A5.60%
HaitiN/AN/AN/A0.10%
Dominica0.7N/AN/AN/A0%
Saint LuciaN/A4.9N/AN/A0%
OthersN/AN/AN/A2.80%
Total0.74.9N/A8.5129.8%

Top Export Markets for Fully or Partly Automatic Arc Welding Machine from the Dominican Republic in 2022:

  1. Haiti (2.0 units)
  2. South Korea (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for fully or partly automatic arc welding machine 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 27903154 - Fully or partly automatic electric machines for arc welding of metals (including plasma arc)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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