Report Update Apr 1, 2024

Dominican Republic - Way-Type Unit Heads for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Way-Type Unit Head Market 2024

Way-Type Unit Head Market Size in the Dominican Republic

After four years of growth, the Dominican way-type unit head market decreased by -35.3% to $X in 2021. Over the period under review, consumption, however, saw a significant increase. As a result, consumption reached the peak level of $X, and then declined sharply in the following year.

Way-Type Unit Head Production in the Dominican Republic

In value terms, way-type unit head production dropped remarkably to $X in 2021 estimated in export price. In general, production, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by 236%. As a result, production attained the peak level of $X, and then fell sharply in the following year.

Way-Type Unit Head Exports

Exports from the Dominican Republic

In 2021, exports of way-type unit heads for working metal from the Dominican Republic totaled X kg, almost unchanged from the previous year. In general, exports recorded a perceptible reduction. The smallest decline of 99.9% was in 2015. The exports peaked at X kg in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, way-type unit head exports amounted to $X in 2021. Overall, exports recorded a deep reduction. The smallest decline of 99.9% was in 2015. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X kg) was the main destination for way-type unit head exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2014 to 2021, the average annual growth rate of volume to the United States amounted to -4.0%.

From 2014 to 2021, the average annual rate of growth in terms of value to the United States amounted to -16.0%.

Export Prices by Country

In 2021, the average way-type unit head export price amounted to $X per ton, stabilizing at the previous year. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2015 a decrease of 99.9%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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

From 2014 to 2021, the rate of growth in terms of prices for the United States amounted to -12.4% per year.

Way-Type Unit Head Imports

Imports into the Dominican Republic

In 2021, after two years of growth, there was decline in purchases abroad of way-type unit heads for working metal, when their volume decreased by -3.8% to X tons. Over the period under review, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 1,700% against the previous year. Imports peaked at X tons in 2020, and then fell modestly in the following year.

In value terms, way-type unit head imports amounted to $X in 2021. Overall, imports, however, recorded notable growth. The most prominent rate of growth was recorded in 2019 with an increase of 1,334%. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, the United States (X tons) was the main way-type unit head supplier to the Dominican Republic, accounting for a 98% share of total imports. It was followed by the UK (X kg), with a 0.8% share of total imports. Italy (X kg) ranked third in terms of total imports with a 0.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +39.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-20.6% per year) and Italy (-33.6% per year).

In value terms, the largest way-type unit head suppliers to the Dominican Republic were the United States ($X), the UK ($X) and Italy ($X), with a combined 98% share of total imports.

Among the main suppliers, the United States, with a CAGR of +31.9%, 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 mixed trend patterns.

Import Prices by Country

The average way-type unit head import price stood at $X per ton in 2021, picking up by 5.5% against the previous year. Over the period under review, the import price, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 85% against the previous year. As a result, import price attained the peak level of $X per ton. 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, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+42.1%), 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 way-type unit heads for working metal in the world?

The countries with the highest volumes of consumption in 2021 were China, the Netherlands and India, together accounting for 31% of global consumption. These countries were followed by the United States, Pakistan, Russia, Nigeria, Japan, Germany, Mexico, Turkey, Ethiopia and the UK, which together accounted for a further 33%.

What are the largest producers of way-type unit heads for working metal in the world?

The Netherlands constituted the country with the largest volume of way-type unit head production, accounting for 25% of total volume. Moreover, way-type unit head production in the Netherlands exceeded the figures recorded by the second-largest producer, China, twofold. India ranked third in terms of total production with a 4.5% share.

What are the leading suppliers of way-type unit heads for working metal to the Dominican Republic?

In value terms, the United States, the UK and Italy appeared to be the largest way-type unit head suppliers to the Dominican Republic, together accounting for 98% of total imports.

What is the average export price for way-type unit heads for working metal in the Dominican Republic?

In 2021, the average way-type unit head export price amounted to $19,733 per ton, approximately equating the previous year.

What is the average import price for way-type unit heads for working metal in the Dominican Republic?

In 2021, the average way-type unit head import price amounted to $18,889 per ton, increasing by 5.5% against the previous year.

This report provides an in-depth analysis of the way-type unit head 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 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping

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