Dominican Republic - Clutches And Shaft Couplings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShaft Coupling Price in the Dominican Republic - 2023
Contents:
- Shaft Coupling Price in the Dominican Republic (CIF) - 2022
- Shaft Coupling Price in the Dominican Republic (FOB) - 2022
- Shaft Coupling Imports in the Dominican Republic
- Shaft Coupling Exports in the Dominican Republic
Shaft Coupling Price in the Dominican Republic (CIF) - 2022
In 2022, the average shaft coupling import price amounted to $21,837 per ton, waning by -11.2% against the previous year. In general, the import price recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2018 when the average import price increased by 31%. The import price peaked at $31,068 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($30,695 per ton), while the price for China ($11,044 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.2%), while the prices for the other major suppliers experienced a decline.
Shaft Coupling Price in the Dominican Republic (FOB) - 2022
The average shaft coupling export price stood at $10,414 per ton in 2022, jumping by 44% against the previous year. In general, the export price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 280% against the previous year. Over the period under review, the average export prices hit record highs at $17,110 per ton in 2015; however, from 2016 to 2022, 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 2013 to 2022, the rate of growth in terms of prices for Mexico amounted to +57.9% per year.
Shaft Coupling Imports in the Dominican Republic
Shaft coupling imports into the Dominican Republic skyrocketed to 270 tons in 2022, picking up by 49% against 2021. Overall, imports posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 172% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, shaft coupling imports skyrocketed to $5.9M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 159%. As a result, imports reached the peak of $6.9M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Shaft Coupling in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 832 | 5,171 | 2,797 | 2,616 | 46.5% |
| China | 282 | 441 | 578 | 949 | 49.9% |
| Germany | 163 | 89.6 | 171 | 940 | 79.3% |
| Japan | 803 | 402 | 476 | 427 | -19.0% |
| Canada | 6.9 | 3.3 | 22.2 | 185 | 199.3% |
| Austria | 62.2 | 305 | 0.2 | 63.1 | 0.5% |
| Spain | 81.4 | 21.9 | 34.7 | 62.8 | -8.3% |
| Others | 436 | 460 | 374 | 649 | 14.2% |
| Total | 2,666 | 6,893 | 4,453 | 5,892 | 30.3% |
Top Suppliers of Shaft Coupling to the Dominican Republic in 2022:
- China (85.9 tons)
- United States (85.2 tons)
- Germany (37.7 tons)
- Japan (20.2 tons)
- Canada (8.6 tons)
- Spain (5.1 tons)
- Austria (4.8 tons)
Shaft Coupling Exports in the Dominican Republic
In 2022, after three years of growth, there was significant decline in overseas shipments of clutches and shaft couplings, when their volume decreased by -48.8% to 5.2 tons. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 141%. As a result, the exports reached the peak of 10 tons, and then contracted markedly in the following year.
In value terms, shaft coupling exports dropped dramatically to $54K in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 212%.
| Export of Shaft Coupling in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.1 | 33.1 | 48.4 | 50.7 | 697.4% |
| Spain | 9.7 | N/A | N/A | N/A | 0% |
| Others | 1.5 | 2.2 | 24.1 | 2.9 | 24.6% |
| Total | 11.3 | 35.3 | 72.5 | 53.6 | 68.0% |
Top Export Markets for Shaft Coupling from the Dominican Republic in 2022:
- United States (5.0 tons)
This report provides an in-depth analysis of the shaft coupling 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 28152600 - Clutches and shaft couplings (including universal joints)
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
-
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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