Dominican Republic - Instruments and Apparatus for Measuring or Checking the Flow or Level of Liquids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDominican Republic: Measuring Instrument Market 2024
Measuring Instrument Market Size in the Dominican Republic
In 2022, the Dominican measuring instrument market decreased by X% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, posted a buoyant increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.
Measuring Instrument Exports
Exports from the Dominican Republic
After two years of decline, overseas shipments of instruments and apparatus for measuring or checking the flow or level of liquids increased by X% to X units in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2013 when exports increased by X%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.
In value terms, measuring instrument exports plummeted to $X in 2022. In general, exports, however, saw a dramatic curtailment. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then reduced markedly in the following year.
Exports by Country
Haiti (X units) was the main destination for measuring instrument exports from the Dominican Republic, with a X% share of total exports. Moreover, measuring instrument exports to Haiti exceeded the volume sent to the second major destination, the United States (X units), eightfold.
From 2012 to 2022, the average annual growth rate of volume to Haiti totaled X%.
In value terms, the United States ($X) and Haiti ($X) appeared to be the largest markets for measuring instrument exported from the Dominican Republic worldwide.
Haiti, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.
Export Prices by Country
In 2022, the average measuring instrument export price amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price continues to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Haiti totaled $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (X%), while the prices for the other major destinations experienced mixed trend patterns.
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Measuring Instrument Imports
Imports into the Dominican Republic
In 2022, purchases abroad of instruments and apparatus for measuring or checking the flow or level of liquids decreased by X% to X units, falling for the second year in a row after five years of growth. Over the period under review, imports, however, saw strong growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, measuring instrument imports reduced notably to $X in 2022. In general, imports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2021, and then contracted rapidly in the following year.
Imports by Country
In 2022, China (X units) constituted the largest measuring instrument supplier to the Dominican Republic, with a X% share of total imports. Moreover, measuring instrument imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), eightfold. The third position in this ranking was held by Italy (X units), with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Italy (X% per year).
In value terms, the United States ($X) constituted the largest supplier of instruments and apparatus for measuring or checking the flow or level of liquids to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Italy, with an X% share.
From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Italy (X% per year).
Import Prices by Country
In 2022, the average measuring instrument import price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price faced a abrupt setback. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the measuring instrument 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 26515235 - Electronic flow meters (excluding supply meters, hydrometric paddle-wheels)
- Prodcom 26515239 - Electronic instruments and apparatus for measuring or checking the level of liquids
- Prodcom 26515255 - Non-electronic flow meters (excluding supply meters, h ydrometric paddle-wheels)
- Prodcom 26515259 - Non-electronic instruments and apparatus for measuring or checking the level of liquids
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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