Price for Milking Machines and Dairy Machinery in the Dominican Republic - 2023
Contents:
- Price for Milking Machines and Dairy Machinery in the Dominican Republic (CIF) - 2022
- Price for Milking Machines and Dairy Machinery in the Dominican Republic (FOB) - 2022
- Imports of Milking Machines and Dairy Machinery in the Dominican Republic
- Exports of Milking Machines and Dairy Machinery in the Dominican Republic
Price for Milking Machines and Dairy Machinery in the Dominican Republic (CIF) - 2022
The average import price for milking machines and dairy machineries stood at $4,812 per unit in 2022, shrinking by -17.6% against the previous year. Overall, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2018 an increase of 25%. Over the period under review, average import prices reached the maximum at $6,161 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6,901 per unit), while the price for Brazil ($2,296 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Milking Machines and Dairy Machinery in the Dominican Republic (FOB) - 2022
The average export price for milking machines and dairy machineries stood at $1,351 per unit in 2022, growing by 20% against the previous year. In general, the export price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 an increase of 146%. The export price peaked at $7,289 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,518 per unit), while the average price for exports to Cuba stood at $489 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+702.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Milking Machines and Dairy Machinery in the Dominican Republic
In 2022, purchases abroad of milking machines and dairy machineries decreased by -29.5% to 263 units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 93% against the previous year. As a result, imports attained the peak of 377 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, milking machines and dairy machinery imports contracted dramatically to $1.3M in 2022. Overall, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 111%. Over the period under review, imports attained the maximum at $2.2M in 2021, and then contracted notably in the following year.
| Import of Milking Machines and Dairy Machinery in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 43.3 | 152 | 522 | 511 | 127.7% |
| Brazil | 67.3 | 133 | 182 | 217 | 47.7% |
| Mexico | 127 | 200 | 186 | 139 | 3.1% |
| China | 58.3 | 98.2 | 141 | 89.4 | 15.3% |
| Italy | 66.4 | 53.3 | 215 | 59.5 | -3.6% |
| United Kingdom | 18.0 | 18.3 | 6.9 | 44.8 | 35.5% |
| New Zealand | 0.2 | 0.2 | 31.8 | 41.6 | 492.5% |
| Argentina | 10.6 | 52.4 | 65.2 | 33.1 | 46.2% |
| Spain | 54.1 | 115 | 12.0 | 11.7 | -40.0% |
| Denmark | 0.1 | 16.6 | 50.5 | 7.0 | 312.1% |
| Colombia | 47.1 | 49.7 | 93.8 | N/A | 41.1% |
| Sweden | 179 | 510 | 98.4 | N/A | -25.9% |
| Portugal | 78.1 | 132 | 190 | N/A | 56.0% |
| Others | 88.8 | 236 | 384 | 113 | 8.4% |
| Total | 839 | 1,766 | 2,179 | 1,267 | 14.7% |
Top Suppliers of Milking Machines and Dairy Machinery to the Dominican Republic in 2022:
- Brazil (95.0 units)
- United States (79.0 units)
- Mexico (21.0 units)
- United Kingdom (13.0 units)
- China (13.0 units)
- New Zealand (9.0 units)
- Argentina (8.0 units)
- Italy (6.0 units)
- Spain (3.0 units)
- Denmark (2.0 units)
Exports of Milking Machines and Dairy Machinery in the Dominican Republic
In 2022, after two years of decline, there was significant decline in shipments abroad of milking machines and dairy machineries, when their volume decreased by -33.3% to 2 units. Over the period under review, exports continue to indicate a sharp setback. The exports peaked at 6 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, milking machines and dairy machinery exports fell remarkably to $2.8K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 75% against the previous year. As a result, the exports attained the peak of $3.6K, and then fell significantly in the following year.
| Export of Milking Machines and Dairy Machinery in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 256 | 750 | 1,490 | 1,392 | 75.8% |
| Cuba | 278 | 577 | 811 | 535 | 24.4% |
| Panama | 462 | N/A | 359 | N/A | -11.8% |
| Nicaragua | N/A | 1.0 | N/A | N/A | 0% |
| Japan | 51.0 | N/A | N/A | N/A | 0% |
| Austria | 3.0 | N/A | N/A | N/A | 0% |
| France | 33.0 | N/A | N/A | N/A | 0% |
| Poland | 1.0 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | 16.0 | 155 | N/A | 868.8% |
| Others | 351 | 716 | 786 | 903 | 37.0% |
| Total | 1,435 | 2,060 | 3,601 | 2,830 | 25.4% |
Top Export Markets for Milking Machines and Dairy Machinery from the Dominican Republic in 2022:
- United States (1.0 units)
- Cuba (1.0 units)
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This report provides an in-depth analysis of the milking machine market in the Dominican Republic.
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This report provides an in-depth analysis of the global dairy machinery market.
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This report provides an in-depth analysis of the milking machine market in the Dominican Republic.
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This report provides an in-depth analysis of the dairy machinery market in the Dominican Republic.
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This report provides an in-depth analysis of the global milking machine market.
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This report provides an in-depth analysis of the global dairy machinery market.
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