Dominican Republic: Non-Electric Pulley Tackle Market 2022

Non-Electric Pulley Tackle Market Size in the Dominican Republic

The Dominican non-electric pulley tackle market reduced to $X in 2021, 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). Over the period under review, consumption, however, saw a notable expansion. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Non-Electric Pulley Tackle Exports

Exports from the Dominican Republic

In 2021, the amount of pulley tackle and hoists, non-powered by electric motor exported from the Dominican Republic declined sharply to X units, shrinking by -X% against the previous year. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-electric pulley tackle exports reduced sharply to $X in 2021. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Haiti (X units), the United States (X units) and the Netherlands (X units) were the main destinations of non-electric pulley tackle exports from the Dominican Republic, together accounting for X% of total exports.

From 2012 to 2021, the biggest increases were in the United States (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-electric pulley tackle exported from the Dominican Republic were Haiti ($X), the United States ($X) and the Netherlands ($X), with a combined X% share of total exports.

Among the main countries of destination, the United States, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average non-electric pulley tackle export price stood at $X per unit in 2021, falling by -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+X%), while the prices for the other major destinations experienced a decline.

Non-Electric Pulley Tackle Imports

Imports into the Dominican Republic

In 2021, approx. X units of pulley tackle and hoists, non-powered by electric motor were imported into the Dominican Republic; declining by -X% compared with the year before. Overall, imports, however, saw notable growth. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth imports failed to regain momentum.

In value terms, non-electric pulley tackle imports shrank to $X in 2021. In general, imports, however, showed a mild expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth imports remained at a lower figure.

Imports by Country

The United States (X units), Mexico (X units) and China (X units) were the main suppliers of non-electric pulley tackle imports to the Dominican Republic, together comprising X% of total imports. South Korea, Colombia, Panama and Italy lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Colombia (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of non-electric pulley tackle to the Dominican Republic, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Mexico (+X% per year).

Import Prices by Country

In 2021, the average non-electric pulley tackle import price amounted to $X per unit, which is down by -X% against the previous year. Over the period under review, the import price continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2015 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform