Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Dominican Republic - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Dominican Republic (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Dominican Republic (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Dominican Republic
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Dominican Republic
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Dominican Republic (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $46 per unit, dropping by -5.6% against the previous year. Over the period under review, the import price showed a deep reduction. The pace of growth was the most pronounced in 2019 when the average import price increased by 17% against the previous year. The import price peaked at $195 per unit 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 Spain ($162 per unit), while the price for Mexico ($34 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-2.5%), while the prices for the other major suppliers experienced a decline.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Dominican Republic (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $454 per unit in 2022, which is down by -59.8% against the previous year. Overall, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of 259%. The export price peaked at $1,229 per unit in 2012; however, from 2013 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 the United States ($665 per unit), while the average price for exports to Jamaica stood at $337 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+33.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Dominican Republic
For the fourth year in a row, the Dominican Republic recorded growth in overseas purchases of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), which increased by 30% to 47K units in 2022. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 73% against the previous year. Over the period under review, imports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) skyrocketed to $2.2M in 2022. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 393 | 430 | 612 | 1,056 | 39.0% |
| China | 260 | 344 | 866 | 823 | 46.8% |
| Mexico | 71.0 | 99.0 | 132 | 89.1 | 7.9% |
| Others | 305 | 234 | 161 | 207 | -12.1% |
| Total | 1,029 | 1,107 | 1,770 | 2,175 | 28.3% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to the Dominican Republic in 2022:
- United States (26.8K units)
- China (16.6K units)
- Mexico (2.7K units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Dominican Republic
In 2022, shipments abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) was finally on the rise to reach 488 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) surged to $222K in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jamaica | 0.2 | N/A | N/A | 150 | 808.6% |
| United States | 7.9 | 76.5 | 21.4 | 26.6 | 49.9% |
| Haiti | 2.2 | 0.8 | 1.2 | 0.1 | -64.3% |
| Spain | 2.6 | N/A | N/A | N/A | 0% |
| Guatemala | 4.8 | N/A | N/A | N/A | 0% |
| Panama | 25.0 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.6 | 5.6 | 44.8 | 255.2% |
| Total | 43.7 | 78.0 | 28.2 | 222 | 71.9% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from the Dominican Republic in 2022:
- Jamaica (445.0 units)
- United States (40.0 units)
- Haiti (1.0 units)
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