Dominican Republic - Tools For Working In The Hand, Pneumatic, Hydraulic Or With Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Dominican Republic - Tools For Working In The Hand, Pneumatic, Hydraulic Or With Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights

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Price for Pneumatic or Hydraulic Hand Tool in the Dominican Republic - 2023

Contents:

  1. Price for Pneumatic or Hydraulic Hand Tool in the Dominican Republic (CIF) - 2022
  2. Price for Pneumatic or Hydraulic Hand Tool in the Dominican Republic (FOB) - 2022
  3. Imports of Pneumatic or Hydraulic Hand Tool in the Dominican Republic
  4. Exports of Pneumatic or Hydraulic Hand Tool in the Dominican Republic

Price for Pneumatic or Hydraulic Hand Tool in the Dominican Republic (CIF) - 2022

In 2022, the average import price for pneumatic or hydraulic hand tools amounted to $59 per unit, waning by -11.4% against the previous year. Overall, the import price faced a abrupt decline. The pace of growth appeared the most rapid in 2013 when the average import price increased by 14%. As a result, import price reached the peak level of $226 per unit. From 2014 to 2022, the average import prices remained at a somewhat 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 Canada ($155 per unit), while the price for Spain ($32 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+0.9%), while the prices for the other major suppliers experienced a decline.

Price for Pneumatic or Hydraulic Hand Tool in the Dominican Republic (FOB) - 2022

The average export price for pneumatic or hydraulic hand tools stood at $12 per unit in 2022, declining by -72.3% against the previous year. Overall, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 450%. Over the period under review, the average export prices attained the maximum at $144 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($82 per unit), while the average price for exports to Canada ($4.4 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 Haiti (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Pneumatic or Hydraulic Hand Tool in the Dominican Republic

In 2022, approx. 144K units of pneumatic or hydraulic hand tools were imported into the Dominican Republic; with an increase of 25% on the previous year. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 64%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, pneumatic or hydraulic hand tool imports expanded significantly to $8.5M in 2022. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 83%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Pneumatic or Hydraulic Hand Tool in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.91.73.43.826.0%
United States1.31.22.02.626.0%
Mexico0.30.40.50.410.1%
Japan0.10.20.40.344.2%
Spain0.10.20.10.226.0%
Others0.80.61.31.214.5%
Total4.54.27.78.523.6%

Top Suppliers of Pneumatic or Hydraulic Hand Tool to the Dominican Republic in 2022:

  1. China (84.0K units)
  2. United States (34.0K units)
  3. Mexico (8.8K units)
  4. Spain (7.5K units)
  5. Japan (5.4K units)

Exports of Pneumatic or Hydraulic Hand Tool in the Dominican Republic

In 2022, approx. 20K units of pneumatic or hydraulic hand tools were exported from the Dominican Republic; increasing by 1,589% compared with the previous year's figure. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pneumatic or hydraulic hand tool exports surged to $245K in 2022. Overall, exports, however, recorded a sharp setback. The exports peaked at $563K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Pneumatic or Hydraulic Hand Tool in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jamaica0.2N/AN/A150808.6%
CanadaN/A0.2N/A44.51391.6%
United States50224829.935.0-58.8%
Spain6.2N/AN/AN/A0%
Others54.942.122.515.5-34.4%
Total56329052.4245-24.2%

Top Export Markets for Pneumatic or Hydraulic Hand Tool from the Dominican Republic in 2022:

  1. Canada (10.1K units)
  2. Jamaica (8.8K units)
  3. United States (0.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for pneumatic or hydraulic hand tool 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 28241240 - Tools for working in the hand, pneumatic, including combined rotary-percussion
  • Prodcom 28241260 - Chainsaws with a self-contained non-electric motor
  • Prodcom 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)

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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Free Data: Tools For Working In The Hand, Pneumatic, Hydraulic Or With Self-Contained Non-Electric Motor - Dominican Republic