Dominican Republic: Pump For Liquid Market 2024

Pump For Liquid Market Size in the Dominican Republic

The Dominican pump for liquid market skyrocketed to $X in 2022, picking up 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). In general, consumption, however, recorded a prominent expansion. Pump for liquid consumption peaked in 2022 and is expected to retain growth in the near future.

Pump For Liquid Exports

Exports from the Dominican Republic

In 2022, the amount of pumps for liquids and liquid elevators exported from the Dominican Republic dropped significantly to X units, falling by X% against the previous year. Overall, exports recorded a noticeable downturn. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pump for liquid exports declined slightly to $X in 2022. Over the period under review, exports, however, saw noticeable growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Haiti (X units) was the main destination for pump for liquid exports from the Dominican Republic, accounting for a X% share of total exports. Moreover, pump for liquid exports to Haiti exceeded the volume sent to the second major destination, Cuba (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 to Haiti totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (X% per year) and the United States (X% per year).

In value terms, the largest markets for pump for liquid exported from the Dominican Republic were the United States ($X), Haiti ($X) and Cuba ($X), together comprising X% of total exports. These countries were followed by Sweden, which accounted for a further X%.

Sweden, with a CAGR of X%, recorded 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, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average pump for liquid export price amounted to $X per unit, growing by X% against the previous year. Overall, the export price enjoyed resilient growth. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Pump For Liquid Imports

Imports into the Dominican Republic

For the third consecutive year, the Dominican Republic recorded decline in overseas purchases of pumps for liquids and liquid elevators, which decreased by X% to X units in 2022. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 when imports increased by X%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, pump for liquid imports soared to $X in 2022. Overall, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest pump for liquid supplier to the Dominican Republic, with a X% share of total imports. Moreover, pump for liquid imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. Mexico (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 stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Mexico (X% per year).

In value terms, the largest pump for liquid suppliers to the Dominican Republic were the United States ($X), China ($X) and Mexico ($X), with a combined X% share of total imports.

Among the main suppliers, China, with a CAGR of X%, recorded 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 pump for liquid import price stood at $X per unit in 2022, rising by X% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pump for liquid import price increased by X% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: 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

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