Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in the Dominican Republic - 2023

Contents:

  1. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in the Dominican Republic (CIF) - 2022
  2. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in the Dominican Republic (FOB) - 2022
  3. Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in the Dominican Republic
  4. Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in the Dominican Republic

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in the Dominican Republic (CIF) - 2022

The average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $1,161 per unit in 2022, shrinking by -10.9% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses increased by +70.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 62%. Over the period under review, average import prices hit record highs at $1,303 per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($4,866 per unit), while the price for China ($510 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in the Dominican Republic (FOB) - 2022

The average export price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $38,646 per unit in 2022, growing by 1,911% against the previous year. Over the period under review, the export price recorded a resilient 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 Spain.

From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to -13.3% per year.

Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in the Dominican Republic

In 2022, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses into the Dominican Republic surged to 1.7K units, increasing by 162% against 2021. Overall, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses soared to $2M in 2022. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan7.50.9131690351.4%
Spain14176.130.940742.4%
United States14.93.226.3208140.8%
Italy92.615710619828.8%
India14180.867.9103-9.9%
United Arab EmiratesN/AN/AN/A89.20%
China47.044.249.974.916.8%
Panama2010.8103N/A-28.4%
Others12710732719214.8%
Total7724708421,96236.5%

Top Suppliers of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes to the Dominican Republic in 2022:

  1. Japan (955.0 units)
  2. United States (183.0 units)
  3. China (147.0 units)
  4. Spain (112.0 units)
  5. Italy (74.0 units)
  6. United Arab Emirates (72.0 units)
  7. India (61.0 units)

Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in the Dominican Republic

In 2022, approx. 1 units of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses were exported from the Dominican Republic; falling by -80% against the previous year's figure. Over the period under review, exports recorded a dramatic slump. The exports peaked at 5 units in 2021, and then reduced rapidly in the following year.

In value terms, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses soared to $39K in 2022. In general, exports, however, recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in the Dominican Republic (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
SpainN/A38.60%
Haiti6.1N/A0%
Singapore0.3N/A0%
Cuba0.9N/A0%
Anguilla2.3N/A0%
OthersN/AN/A0%
Total9.638.6302.1%

Top Export Markets for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes from the Dominican Republic in 2022:

  1. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

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