Dominican Republic - Safety Or Relief Valves For Pipes, Boiler Shells, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafety Valve Price in the Dominican Republic - 2023
Contents:
- Safety Valve Price in the Dominican Republic (CIF) - 2022
- Safety Valve Price in the Dominican Republic (FOB) - 2022
- Safety Valve Imports in the Dominican Republic
- Safety Valve Exports in the Dominican Republic
Safety Valve Price in the Dominican Republic (CIF) - 2022
In 2022, the average safety valve import price amounted to $15,661 per ton, increasing by 24% against the previous year. Overall, the import price, however, continues to indicate a abrupt contraction. Over the period under review, average import prices hit record highs at $48,499 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($27,292 per ton), while the price for China ($7,877 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-5.0%), while the prices for the other major suppliers experienced a decline.
Safety Valve Price in the Dominican Republic (FOB) - 2022
The average safety valve export price stood at $47,455 per ton in 2022, surging by 1,124% against the previous year. Overall, the export price posted a prominent expansion. The export price peaked at $47,525 per ton in 2020; afterwards, it flattened through to 2022.
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 the United States ($68,355 per ton), while the average price for exports to Haiti amounted to $16,255 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+24.8%).
Safety Valve Imports in the Dominican Republic
Safety valve imports into the Dominican Republic was estimated at 250 tons in 2022, approximately mirroring the year before. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, safety valve imports soared to $3.9M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 32%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Safety Valve in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 965 | 878 | 1,304 | 1,724 | 21.3% |
| China | 434 | 286 | 719 | 835 | 24.4% |
| Mexico | 320 | 189 | 299 | 496 | 15.7% |
| Italy | 263 | 320 | 471 | 337 | 8.6% |
| Colombia | 8.4 | 0.4 | 2.6 | 133 | 151.1% |
| Others | 480 | 706 | 342 | 395 | -6.3% |
| Total | 2,472 | 2,378 | 3,137 | 3,920 | 16.6% |
Top Suppliers of Safety Valve to the Dominican Republic in 2022:
- China (106.0 tons)
- United States (63.2 tons)
- Mexico (47.0 tons)
- Italy (16.8 tons)
- Colombia (5.6 tons)
Safety Valve Exports in the Dominican Republic
In 2022, exports of safety or relief valves for pipes, boiler shells, tanks and vats from the Dominican Republic dropped dramatically to 402 kg, waning by -91.6% against 2021 figures. Over the period under review, exports recorded a dramatic shrinkage. The growth pace was the most rapid in 2021 when exports increased by 671% against the previous year. As a result, the exports attained the peak of 4.8 tons, and then declined remarkably in the following year.
In value terms, safety valve exports rose to $19K in 2022. In general, total exports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +2.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -35.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year. As a result, the exports reached the peak of $30K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Safety Valve in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 13.1 | 28.1 | 13.8 | 17.0 | 9.1% |
| Cuba | 1.4 | N/A | 0.5 | N/A | -40.2% |
| Egypt | N/A | N/A | 3.6 | N/A | 0% |
| Others | 3.1 | 1.5 | 0.6 | 2.1 | -12.2% |
| Total | 17.6 | 29.6 | 18.6 | 19.1 | 2.8% |
Top Export Markets for Safety Valve from the Dominican Republic in 2022:
- Haiti (1.0 tons)
This report provides an in-depth analysis of the safety valve market 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 28141180 - Safety or relief valves for pipes, boiler shells, tanks, vats and the like
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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