Dominican Republic - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Dominican Republic - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights

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Price for Lift, Elevator, Stairway and Dragline in the Dominican Republic - 2023

Contents:

  1. Price for Lift, Elevator, Stairway and Dragline in the Dominican Republic (CIF) - 2022
  2. Price for Lift, Elevator, Stairway and Dragline in the Dominican Republic (FOB) - 2022
  3. Imports of Lift, Elevator, Stairway and Dragline in the Dominican Republic
  4. Exports of Lift, Elevator, Stairway and Dragline in the Dominican Republic

Price for Lift, Elevator, Stairway and Dragline in the Dominican Republic (CIF) - 2022

The average import price for lifts, elevators, moving stairways and draglines stood at $25,683 per unit in 2022, growing by 25% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $36,902 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($75,989 per unit), while the price for China ($12,593 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lift, Elevator, Stairway and Dragline in the Dominican Republic (FOB) - 2022

The average export price for lifts, elevators, moving stairways and draglines stood at $20,467 per unit in 2022, declining by -14.2% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 39%. As a result, the export price reached the peak level of $24,390 per unit. From 2019 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 Jamaica ($46,500 per unit), while the average price for exports to Ecuador ($3,733 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+46.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lift, Elevator, Stairway and Dragline in the Dominican Republic

In 2022, imports of lifts, elevators, moving stairways and draglines into the Dominican Republic soared to 3.9K units, increasing by 109% compared with the previous year's figure. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lift, elevator, stairway and dragline imports soared to $99M in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Lift, Elevator, Stairway and Dragline in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.1N/A6.444.4662.9%
China11.310.012.921.223.3%
United States11.29.211.110.8-1.2%
Spain2.22.21.88.053.8%
Japan2.11.82.02.78.7%
Brazil1.00.71.02.026.0%
South Korea1.00.40.70.9-3.5%
Others2.72.12.18.848.3%
Total31.726.638.099.046.2%

Top Suppliers of Lift, Elevator, Stairway and Dragline to the Dominican Republic in 2022:

  1. China (1686.0 units)
  2. France (1445.0 units)
  3. United States (293.0 units)
  4. Spain (195.0 units)
  5. Brazil (40.0 units)
  6. Japan (36.0 units)
  7. South Korea (29.0 units)

Exports of Lift, Elevator, Stairway and Dragline in the Dominican Republic

In 2022, the amount of lifts, elevators, moving stairways and draglines exported from the Dominican Republic reduced remarkably to 18 units, with a decrease of -43.8% compared with 2021. Over the period under review, exports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 256% against the previous year. Over the period under review, the exports attained the maximum at 57 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, lift, elevator, stairway and dragline exports declined remarkably to $368K in 2022. Overall, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 330%. The exports peaked at $1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Lift, Elevator, Stairway and Dragline in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A1270%
United States72611.48.195.6-49.1%
NicaraguaN/AN/AN/A65.80%
Jamaica52.617.0N/A46.5-4.0%
Haiti86.577.816122.3-36.4%
EcuadorN/AN/AN/A11.20%
Peru69.6N/AN/AN/A0%
United KingdomN/AN/A28.9N/A0%
GuatemalaN/AN/A8.0N/A0%
Saint LuciaN/A18.0N/AN/A0%
Turks and Caicos IslandsN/AN/A2.0N/A0%
NetherlandsN/AN/A3.4N/A0%
Others68.653.4553N/A183.9%
Total1,004178764368-28.4%

Top Export Markets for Lift, Elevator, Stairway and Dragline from the Dominican Republic in 2022:

  1. Germany (6.0 units)
  2. United States (4.0 units)
  3. Ecuador (3.0 units)
  4. Haiti (2.0 units)
  5. Nicaragua (2.0 units)
  6. Jamaica (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for lift, elevator, stairway and dragline 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 28221630 - Electrically operated lifts and skip hoists
  • Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
  • Prodcom 28221670 - Escalators and moving walkways
  • Prodcom 28221740 - Pneumatic elevators and conveyors
  • Prodcom 28221820 - Teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars

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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