Report Dominican Republic - Boring or Sinking Machinery - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 27, 2022

Dominican Republic - Boring or Sinking Machinery - Market Analysis, Forecast, Size, Trends and Insights
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Dominican Republic: Boring Machinery Market 2022

Boring Machinery Market Size in the Dominican Republic

In 2021, after two years of decline, there was significant decline in the Dominican boring machinery market, when its value decreased by -X% to $X. Over the period under review, consumption, however, showed a prominent expansion. Boring machinery consumption peaked at $X in 2020, and then contracted remarkably in the following year.

Boring Machinery Production in the Dominican Republic

In value terms, boring machinery production surged to $X in 2021 estimated in export price. In general, production, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Boring Machinery Exports

Exports from the Dominican Republic

In 2021, after three years of decline, there was significant growth in shipments abroad of boring or sinking machinery, when their volume increased by X% to X units. Over the period under review, exports, however, saw a significant decrease. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, boring machinery exports surged to $X in 2021. Overall, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2016 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Haiti (X units) was the main destination for boring machinery exports from the Dominican Republic, with a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Haiti stood at +X%.

In value terms, Haiti ($X) also remains the key foreign market for boring machinery exports from the Dominican Republic.

From 2012 to 2021, the average annual growth rate of value to Haiti totaled +X%.

Export Prices by Country

The average boring machinery export price stood at $X per unit in 2021, falling by -X% against the previous year. Over the period under review, the export price, however, showed significant growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Haiti.

From 2012 to 2021, the rate of growth in terms of prices for Haiti amounted to +X% per year.

Boring Machinery Imports

Imports into the Dominican Republic

In 2021, after three years of decline, there was significant decline in supplies from abroad of boring or sinking machinery, when their volume decreased by -X% to X units. Over the period under review, imports continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of X units. From 2018 to 2021, the growth imports remained at a lower figure.

In value terms, boring machinery imports fell notably to $X in 2021. In general, imports recorded a modest increase. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest supplier of boring machinery to the Dominican Republic, accounting for a X% share of total imports. Moreover, boring machinery imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the UK (X units), twofold. The third position in this ranking was occupied by Italy (X units), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Italy (-X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of boring machinery to the Dominican Republic, comprising X% of total imports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Spain (+X% per year).

Import Prices by Country

The average boring machinery import price stood at $X per unit in 2021, growing by X% against the previous year. In general, the import price saw a pronounced increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for boring or sinking machinery in the world?
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The countries with the highest volumes of in 2021 were Spain, Canada and Indonesia, with a combined 38% share of global consumption. Japan, South Africa, Germany, China, Italy, the United Arab Emirates, France, Syrian Arab Republic, Singapore and Nigeria lagged somewhat behind, together comprising a further 34%.
What are the largest producers of boring or sinking machinery in the world?
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The countries with the highest volumes of in 2021 were Indonesia, Canada and Spain, together comprising 37% of global production. Italy, Japan, the United Arab Emirates, Germany, South Africa, the Netherlands, China, Singapore, Syrian Arab Republic and the UK lagged somewhat behind, together comprising a further 42%.
What are the leading suppliers of boring or sinking machinery to the Dominican Republic?
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In value terms, the Netherlands constituted the largest supplier of boring machinery to the Dominican Republic, comprising 58% of total imports. The second position in the ranking was occupied by Sweden, with a 13% share of total imports. It was followed by Spain, with a 5.5% share.
What are the leading importers of boring or sinking machinery from the Dominican Republic?
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In value terms, Haiti remains the key foreign market for boring machinery exports from the Dominican Republic.
What is the average export price for boring or sinking machinery in the Dominican Republic?
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The average boring machinery export price stood at $29 per unit in 2021, with a decrease of -7.4% against the previous year.
What is the average import price for boring or sinking machinery in the Dominican Republic?
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In 2021, the average boring machinery import price amounted to $7.9 per unit, surging by 23% against the previous year.

This report provides an in-depth analysis of the boring machinery 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 28921255 - Boring or sinking machinery (including fixed platforms used for oil or natural gas exploration) (excluding self-propelled)
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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