Dominican Republic - Industrial Machinery for the Manufacture or Preparation of Confectionery, Cocoa or Chocolate - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDominican Republic: Confectionery-Making Industrial Machinery Market 2024
Confectionery-Making Industrial Machinery Market Size in the Dominican Republic
The Dominican confectionery-making industrial machinery market declined to $X in 2022, which is down by X% against the previous year. In general, consumption saw a abrupt descent. Confectionery-making industrial machinery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
Confectionery-Making Industrial Machinery Production in the Dominican Republic
In value terms, confectionery-making industrial machinery production fell to $X in 2022 estimated in export price. Overall, production showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Confectionery-making industrial machinery production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.
Confectionery-Making Industrial Machinery Exports
Exports from the Dominican Republic
Confectionery-making industrial machinery exports from the Dominican Republic dropped sharply to X units in 2022, waning by X% compared with 2021. Over the period under review, exports showed a deep setback. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.
In value terms, confectionery-making industrial machinery exports shrank markedly to $X in 2022. In general, exports showed a sharp decline. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
The United States (X units) was the main destination for confectionery-making industrial machinery exports from the Dominican Republic, with a approx. X% share of total exports.
From 2012 to 2022, the average annual growth rate of volume to the United States was relatively modest.
In value terms, the United States ($X) also remains the key foreign market for industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exports from the Dominican Republic.
From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%.
Export Prices by Country
The average confectionery-making industrial machinery export price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of X%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to X% per year.
Confectionery-Making Industrial Machinery Imports
Imports into the Dominican Republic
In 2022, confectionery-making industrial machinery imports into the Dominican Republic contracted sharply to X units, declining by X% compared with the previous year's figure. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.
In value terms, confectionery-making industrial machinery imports fell dramatically to $X in 2022. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2022, China (X units) constituted the largest supplier of confectionery-making industrial machinery to the Dominican Republic, accounting for a X% share of total imports. Moreover, confectionery-making industrial machinery imports from China exceeded the figures recorded by the second-largest supplier, India (X units), threefold. Italy (X units) ranked third in terms of total imports with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Italy (X% per year).
In value terms, the largest confectionery-making industrial machinery suppliers to the Dominican Republic were China ($X), the United States ($X) and the UK ($X), with a combined X% share of total imports.
In terms of the main suppliers, China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average confectionery-making industrial machinery import price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the confectionery-making industrial 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 28931720 - Industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate
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
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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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