Dominican Republic - Ploughs For Agricultural Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlough Price in the Dominican Republic - 2023
Contents:
- Plough Price in the Dominican Republic (CIF) - 2022
- Plough Price in the Dominican Republic (FOB) - 2022
- Plough Imports in the Dominican Republic
- Plough Exports in the Dominican Republic
Plough Price in the Dominican Republic (CIF) - 2022
The average plough import price stood at $1,297 per unit in 2022, growing by 31% against the previous year. Overall, the import price, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 35%. Over the period under review, average import prices attained the peak figure at $1,617 per unit in 2015; however, from 2016 to 2022, 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 Spain ($3,611 per unit), while the price for Vietnam ($256 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.1%), while the prices for the other major suppliers experienced a decline.
Plough Price in the Dominican Republic (FOB) - 2022
The average plough export price stood at $600 per unit in 2022, dropping by -82.3% against the previous year. Overall, the export price saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 512% against the previous year. As a result, the export price attained the peak level of $3,385 per unit, and then declined rapidly in the following year.
As there is only one major export destination, the average price level is determined by prices for Haiti.
From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to -2.1% per year.
Plough Imports in the Dominican Republic
In 2022, the amount of ploughs for agricultural purposes imported into the Dominican Republic soared to 556 units, increasing by 173% against the previous year. In general, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, plough imports soared to $721K in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Plough in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 77.2 | 74.0 | 24.3 | 232 | 44.3% |
India | 10.5 | 84.5 | 35.2 | 151 | 143.2% |
Italy | 53.0 | 51.2 | 40.5 | 133 | 35.9% |
United States | 12.3 | 25.1 | 1.8 | 99.4 | 100.7% |
Sweden | N/A | N/A | N/A | 55.5 | 0% |
Vietnam | N/A | 18.2 | N/A | 2.6 | -62.2% |
Colombia | 50.9 | 68.5 | 47.3 | N/A | -3.6% |
Indonesia | 44.8 | 49.9 | 28.5 | N/A | -20.2% |
Others | 14.5 | 14.1 | 24.0 | 47.2 | 48.2% |
Total | 263 | 385 | 201 | 721 | 40.0% |
Top Suppliers of Plough to the Dominican Republic in 2022:
- Brazil (187.0 units)
- India (135.0 units)
- Italy (97.0 units)
- United States (82.0 units)
- Sweden (18.0 units)
- Vietnam (10.0 units)
Plough Exports in the Dominican Republic
In 2022, after two years of decline, there was significant growth in overseas shipments of ploughs for agricultural purposes, when their volume increased by 160% to 13 units. Overall, exports, however, recorded a noticeable contraction. Over the period under review, the exports reached the peak figure at 15 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, plough exports fell dramatically to $8K in 2022. In general, exports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2021 when exports increased by 99% against the previous year. As a result, the exports reached the peak of $15K, and then shrank significantly in the following year.
Export of Plough in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | 0.3 | 0.7 | 0.7 | 8.0 | 198.8% |
United States | 10.7 | 7.0 | 1.8 | N/A | -59.0% |
Others | N/A | N/A | 12.9 | N/A | 0% |
Total | 11.0 | 7.7 | 15.4 | 8.0 | -10.1% |
Top Export Markets for Plough from the Dominican Republic in 2022:
- Haiti (13.0 units)
This report provides an in-depth analysis of the plough 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 28303130 -
- Prodcom 28303150 -
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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