Dominican Republic: Thread Rolling Machine Market 2022

Thread Rolling Machine Market Size in the Dominican Republic

The Dominican thread rolling machine market skyrocketed to $X in 2021, rising by X% against the previous year. Overall, consumption recorded a significant increase. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Thread Rolling Machine Production in the Dominican Republic

In value terms, thread rolling machine production declined slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Thread Rolling Machine Exports

Exports from the Dominican Republic

In 2021, exports of thread rolling machines for working metal, sintered metal carbides or cermets from the Dominican Republic dropped markedly to less than X units, which is down by -X% compared with the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, thread rolling machine exports shrank remarkably to less than $X in 2021. Overall, exports saw a deep contraction. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Haiti (X units) was the main destination for thread rolling machine exports from the Dominican Republic, with a approx. X% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Haiti was relatively modest.

From 2012 to 2020, the average annual growth rate of value to Haiti amounted to -X%.

Export Prices by Country

The average thread rolling machine export price stood at $X per unit in 2020, approximately equating the previous year. Over the period under review, the export price recorded a abrupt descent. As a result, the export price reached the peak level of $X per unit. From 2014 to 2020, the the average export prices remained at a somewhat lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for Haiti amounted to -X% per year.

Thread Rolling Machine Imports

Imports into the Dominican Republic

In 2021, imports of thread rolling machines for working metal, sintered metal carbides or cermets into the Dominican Republic soared to X units, increasing by X% against 2020 figures. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, thread rolling machine imports skyrocketed to $X in 2021. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Spain (X units) and the United States (X units) were the main suppliers of thread rolling machine imports to the Dominican Republic, with a combined X% share of total imports.

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

In value terms, Spain ($X), the United States ($X) and China ($X) appeared to be the largest thread rolling machine suppliers to the Dominican Republic, with a combined X% share of total imports.

In terms of the main suppliers, China, with a CAGR of +X%, recorded 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 thread rolling machine import price stood at $X per unit in 2021, remaining relatively unchanged against the previous year. In general, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: 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 2021, 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 a decline.

Source: IndexBox Platform