Report Update Apr 1, 2024

Dominican Republic - Milking Machines - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Milking Machine Market 2024

Milking Machine Market Size in the Dominican Republic

The Dominican milking machine market dropped to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, posted a significant increase. Milking machine consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Milking Machine Exports

Exports from the Dominican Republic

In 2019, approx. X units of milking machines were exported from the Dominican Republic; dropping by X% on 2018 figures. Over the period under review, exports showed a sharp slump. Over the period under review, the exports reached the peak figure at X units in 2018, and then dropped notably in the following year.

In value terms, milking machine exports fell sharply to $X in 2019. In general, exports showed a sharp reduction. The exports peaked at $X in 2018, and then reduced notably in the following year.

Exports by Country

Antigua and Barbuda (X units) was the main destination for milking machine exports from the Dominican Republic, accounting for a approx. X% share of total exports.

From 2018 to 2019, the average annual growth rate of volume to Antigua and Barbuda was relatively modest.

In value terms, Antigua and Barbuda ($X) emerged as the key foreign market for milking machines exports from the Dominican Republic.

From 2018 to 2019, the average annual rate of growth in terms of value to Antigua and Barbuda was relatively modest.

Export Prices by Country

In 2019, the average milking machine export price amounted to $X per unit, shrinking by X% against the previous year. In general, the export price recorded a dramatic decline. The export price peaked at $X per unit in 2018, and then shrank significantly in the following year.

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

From 2018 to 2019, the rate of growth in terms of prices for the United States amounted to X% per year.

Milking Machine Imports

Imports into the Dominican Republic

In 2022, milking machine imports into the Dominican Republic shrank remarkably to X units, falling by X% on the year before. In general, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, milking machine imports dropped to $X in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X units) constituted the largest milking machine supplier to the Dominican Republic, with a X% share of total imports. Moreover, milking machine imports from Brazil exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was held by the United States (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

In value terms, the largest milking machine suppliers to the Dominican Republic were Brazil ($X), Germany ($X) and the United States ($X), with a combined X% share of total imports.

Among the main suppliers, Brazil, with a CAGR of X%, saw the highest growth rate of 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 milking machine import price stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average 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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for milking machines in the world?

The countries with the highest volumes of consumption in 2023 were Finland, Estonia and Latvia, together comprising 93% of global consumption. These countries were followed by China, which accounted for a further 1.7%.

What are the largest producers of milking machines in the world?

The countries with the highest volumes of production in 2022 were Estonia, Finland and Latvia, together comprising 94% of global production. China lagged somewhat behind, accounting for a further 1.7%.

What are the leading suppliers of milking machines to the Dominican Republic?

In value terms, the largest milking machine suppliers to the Dominican Republic were Brazil, Germany and the United States, with a combined 94% share of total imports.

What are the leading importers of milking machines from the Dominican Republic?

In value terms, Antigua and Barbuda $548) emerged as the key foreign market for milking machines exports from the Dominican Republic.

What is the average export price for milking machines in the Dominican Republic?

The average milking machine export price stood at $548 per unit in 2019, shrinking by -80.8% against the previous year.

What is the average import price for milking machines in the Dominican Republic?

The average milking machine import price stood at $7,411 per unit in 2022, increasing by 74% against the previous year.

This report provides an in-depth analysis of the milking machine 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 28308200 - Milking machines

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023