Price for Liquid Elevators; Parts Thereof in the Dominican Republic - 2023

Contents:

  1. Price for Liquid Elevators; Parts Thereof in the Dominican Republic (CIF) - 2022
  2. Price for Liquid Elevators; Parts Thereof in the Dominican Republic (FOB) - 2022
  3. Imports of Liquid Elevators; Parts Thereof in the Dominican Republic
  4. Exports of Liquid Elevators; Parts Thereof in the Dominican Republic

Price for Liquid Elevators; Parts Thereof in the Dominican Republic (CIF) - 2022

In 2022, the average liquid elevators; parts thereof import price amounted to $19,515 per ton, growing by 8.2% against the previous year. In general, the import price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of 30%. Over the period under review, average import prices reached the peak figure at $67,410 per ton in 2012; however, from 2013 to 2022, 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 Germany ($120,386 per ton), while the price for Canada ($4,306 per ton) 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 Liquid Elevators; Parts Thereof in the Dominican Republic (FOB) - 2022

The average liquid elevators; parts thereof export price stood at $21,771 per ton in 2022, waning by -25.5% against the previous year. Overall, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2019 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices attained the peak figure at $110,725 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($52,874 per ton), while the average price for exports to Mexico ($2,806 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (-11.2%), while the prices for the other major destinations experienced a decline.

Imports of Liquid Elevators; Parts Thereof in the Dominican Republic

In 2022, imports of liquid elevators; parts thereoves into the Dominican Republic shrank dramatically to 99 tons, falling by -45.5% compared with 2021 figures. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 457% against the previous year. As a result, imports reached the peak of 182 tons, and then dropped remarkably in the following year.

In value terms, liquid elevators; parts thereof imports dropped sharply to $1.9M in 2022. In general, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 453% against the previous year.

Import of Liquid Elevators; Parts Thereof in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,4513881,7071,078-9.4%
China36547.7484209-17.0%
Japan34044.1379164-21.6%
Italy31428.0228106-30.4%
Spain1625.231.974.5-22.8%
Mexico14017.571.847.9-30.1%
Netherlands22.76.387.645.225.8%
Canada2.10.20.637.7161.8%
Others52956.4294177-30.6%
Total3,3265943,2841,939-16.5%

Top Suppliers of Liquid Elevators; Parts Thereof to the Dominican Republic in 2022:

  1. China (36.0 tons)
  2. United States (15.3 tons)
  3. Japan (11.9 tons)
  4. Italy (10.7 tons)
  5. Canada (8.8 tons)
  6. Mexico (4.6 tons)
  7. Netherlands (4.4 tons)
  8. Spain (3.6 tons)

Exports of Liquid Elevators; Parts Thereof in the Dominican Republic

Liquid elevators; parts thereof exports from the Dominican Republic shrank markedly to 2.5 tons in 2022, waning by -16% on the previous year's figure. Over the period under review, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 352% against the previous year. As a result, the exports attained the peak of 3 tons, and then reduced markedly in the following year.

In value terms, liquid elevators; parts thereof exports dropped significantly to $55K in 2022. In general, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 297% against the previous year. As a result, the exports attained the peak of $88K, and then declined markedly in the following year.

Export of Liquid Elevators; Parts Thereof in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cuba1.312.140.242.3219.3%
Haiti10.08.29.710.20.7%
United States3.90.41.92.0-20.0%
Mexico0.50.50.20.3-15.7%
Saudi Arabia52.7N/A35.7N/A-17.7%
OthersN/A0.9N/AN/A0%
Total68.522.187.654.8-7.2%

Top Export Markets for Liquid Elevators; Parts Thereof from the Dominican Republic in 2022:

  1. Haiti (994.0 kg)
  2. Cuba (800.0 kg)
  3. United States (617.0 kg)
  4. Mexico (104.0 kg)

Source: IndexBox Market Intelligence Platform

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