Dominican Republic - Industrial Non-Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Industrial Sewing Machines (Non-Automatic) in the Dominican Republic - 2023
Contents:
- Price for Industrial Sewing Machines (Non-Automatic) in the Dominican Republic (FOB) - 2023
- Price for Industrial Sewing Machines (Non-Automatic) in the Dominican Republic (CIF) - 2022
- Exports of Industrial Sewing Machines (Non-Automatic) in the Dominican Republic
- Imports of Industrial Sewing Machines (Non-Automatic) in the Dominican Republic
Price for Industrial Sewing Machines (Non-Automatic) in the Dominican Republic (FOB) - 2023
In March 2023, the average industrial sewing machines (non-automatic) export price amounted to $3,122 per unit, with an increase of 39% against the previous month. Over the period under review, the export price continues to indicate a strong expansion. The pace of growth was the most pronounced in August 2022 an increase of 203% month-to-month. As a result, the export price attained the peak level of $3,538 per unit; afterwards, it flattened through to March 2023.
As there is only one major export destination, the average price level is determined by prices for Haiti.
From March 2022 to March 2023, the rate of growth in terms of prices for Haiti amounted to +5.0% per month.
Price for Industrial Sewing Machines (Non-Automatic) in the Dominican Republic (CIF) - 2022
In 2022, the average industrial sewing machines (non-automatic) import price amounted to $777 per unit, rising by 3.3% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial sewing machines (non-automatic) import price increased by +65.9% against 2014 indices. The pace of growth appeared the most rapid in 2019 an increase of 34% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 Japan ($2,053 per unit), while the price for China ($482 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+11.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Industrial Sewing Machines (Non-Automatic) in the Dominican Republic
For the fourth year in a row, the Dominican Republic recorded growth in shipments abroad of industrial sewing machines (non-automatic), which increased by 51% to 3.7K units in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 74%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, industrial sewing machines (non-automatic) exports shrank notably to $4.2M in 2022. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 93%. As a result, the exports reached the peak of $5.1M, and then reduced rapidly in the following year.
Export of Industrial Sewing Machines (Non-Automatic) in the Dominican Republic (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | 1,755 | 1,939 | 3,324 | 2,952 | 18.9% |
Nicaragua | 64.2 | 118 | 230 | 866 | 138.0% |
United States | 26.2 | 196 | 53.9 | 213 | 101.1% |
Guatemala | 3.9 | 2.8 | 1.8 | 199 | 270.9% |
Honduras | 261 | 269 | 296 | N/A | 6.5% |
Others | 109 | 134 | 1,218 | 4.7 | -64.9% |
Total | 2,218 | 2,659 | 5,124 | 4,235 | 24.1% |
Top Export Markets for Industrial Sewing Machines (Non-Automatic) from the Dominican Republic in 2022:
- Haiti (1663.0 units)
- Nicaragua (1051.0 units)
- Guatemala (770.0 units)
- United States (250.0 units)
Imports of Industrial Sewing Machines (Non-Automatic) in the Dominican Republic
In 2022, supplies from abroad of industrial sewing machines (non-automatic) was finally on the rise to reach 8.1K units after two years of decline. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, industrial sewing machines (non-automatic) imports soared to $6.3M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.7% 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 +51.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Industrial Sewing Machines (Non-Automatic) in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 622 | 1,097 | 1,272 | 3,052 | 69.9% |
Japan | 1,760 | 533 | 1,811 | 2,800 | 16.7% |
United States | 1,184 | 1,568 | 676 | 221 | -42.9% |
South Korea | 56.2 | 115 | 95.6 | 3.7 | -59.6% |
Singapore | 279 | 128 | 107 | N/A | -38.1% |
Others | 589 | 681 | 946 | 180 | -32.6% |
Total | 4,490 | 4,122 | 4,908 | 6,256 | 11.7% |
Top Suppliers of Industrial Sewing Machines (Non-Automatic) to the Dominican Republic in 2022:
- South Korea (undefinedK units)
- China (6.3K units)
- Japan (1.4K units)
- United States (0.3K units)
This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) 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 28942450 - Industrial sewing machines (excluding book-sewing machines, automatic machines)
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
This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) in the Dominican Republic.
This report provides an in-depth analysis of the industrial sewing machine market in the Dominican Republic.
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This report provides an in-depth analysis of the global market for industrial sewing machines (non-automatic).
This report provides an in-depth analysis of the global industrial sewing machine market.
This report provides an in-depth analysis of the global household sewing machine market.
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In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.