Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the Dominican Republic - 2023

Contents:

  1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the Dominican Republic (CIF) - 2022
  2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the Dominican Republic (FOB) - 2022
  3. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the Dominican Republic
  4. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the Dominican Republic

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the Dominican Republic (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $26,908 per ton, reducing by -24.2% against the previous year. In general, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2021 an increase of 121%. The import price peaked at $35,636 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 China ($40,703 per ton), while the price for Japan ($16,427 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the Dominican Republic (FOB) - 2022

In 2022, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $2,803 per ton, surging by 17% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 1,208% against the previous year. The export price peaked at $9,971 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($3,750 per ton), while the average price for exports to the United States amounted to $2,781 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+45.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the Dominican Republic

In 2022, supplies from abroad of machinery; parts of machinery for making or finishing paper or paperboard was finally on the rise to reach 21 tons after two years of decline. In general, imports, however, continue to indicate a sharp setback.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard surged to $559K in 2022. Overall, imports, however, continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 83% against the previous year.

Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19453.492.0188-1.0%
Italy1,02412250.5174-44.6%
Spain34.4N/A0.759.620.1%
Guatemala1.1N/AN/A54.3266.8%
United States11817.818823.5-41.6%
JapanN/A0.3N/A13.2563.3%
Brazil62.1N/A1.96.4-53.1%
Others12.713.145.940.046.6%
Total1,446207379559-27.2%

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to the Dominican Republic in 2022:

  1. Italy (9.1 tons)
  2. China (4.6 tons)
  3. Spain (3.0 tons)
  4. Guatemala (2.1 tons)
  5. United States (0.8 tons)
  6. Japan (0.8 tons)
  7. Brazil (0.2 tons)

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the Dominican Republic

In 2022, overseas shipments of machinery; parts of machinery for making or finishing paper or paperboard were finally on the rise to reach 3.4 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a dramatic downturn.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard skyrocketed to $9.6K in 2022. Over the period under review, exports, however, continue to indicate a sharp slump.

Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.22.8N/A9.38.9%
HaitiN/A1.10.30.3-47.8%
Italy60.0N/AN/AN/A0%
Others0.2N/AN/AN/A0%
Total67.43.90.39.6-47.8%

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from the Dominican Republic in 2022:

  1. United States (3.4 tons)
  2. Haiti (0.1 tons)

Source: IndexBox Market Intelligence Platform

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