Dominican Republic - Non-Electric Industrial Or Laboratory Furnaces And Ovens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Industrial Furnace Price in the Dominican Republic - 2023
Contents:
- Non-Electric Industrial Furnace Price in the Dominican Republic (CIF) - 2022
- Non-Electric Industrial Furnace Price in the Dominican Republic (FOB) - 2022
- Non-Electric Industrial Furnace Imports in the Dominican Republic
- Non-Electric Industrial Furnace Exports in the Dominican Republic
Non-Electric Industrial Furnace Price in the Dominican Republic (CIF) - 2022
In 2022, the average non-electric industrial furnace import price amounted to $832 per unit, falling by -21.2% against the previous year. Overall, the import price, however, recorded a noticeable increase. The growth pace was the most rapid in 2019 when the average import price increased by 78% against the previous year. The import price peaked at $1,324 per unit in 2020; however, from 2021 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 Colombia ($1,927 per unit), while the price for Argentina ($172 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Electric Industrial Furnace Price in the Dominican Republic (FOB) - 2022
The average non-electric industrial furnace export price stood at $1,154 per unit in 2022, growing by 43% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 299% against the previous year. Over the period under review, the average export prices hit record highs at $1,984 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($8,518 per unit), while the average price for exports to the United States ($1,001 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+55.1%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electric Industrial Furnace Imports in the Dominican Republic
Non-electric industrial furnace imports into the Dominican Republic surged to 3.2K units in 2022, increasing by 95% on the year before. Over the period under review, imports saw strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-electric industrial furnace imports skyrocketed to $2.7M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Non-Electric Industrial Furnace in the Dominican Republic (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 861 | 458 | 540 | 837 | -0.9% |
Colombia | 19.2 | 135 | 132 | 404 | 176.1% |
Spain | 684 | 267 | 253 | 374 | -18.2% |
China | 298 | 289 | 368 | 274 | -2.8% |
United Kingdom | 9.7 | 1.9 | N/A | 215 | 180.9% |
Costa Rica | N/A | N/A | N/A | 185 | 0% |
Italy | 65.6 | 34.1 | 90.9 | 115 | 20.6% |
Argentina | N/A | N/A | N/A | 113 | 0% |
Mexico | 70.0 | 64.7 | 61.7 | 94.2 | 10.4% |
Others | 147 | 360 | 315 | 91.1 | -14.7% |
Total | 2,155 | 1,610 | 1,759 | 2,702 | 7.8% |
Top Suppliers of Non-Electric Industrial Furnace to the Dominican Republic in 2022:
- United States (1023.0 units)
- Argentina (657.0 units)
- China (474.0 units)
- Costa Rica (271.0 units)
- United Kingdom (267.0 units)
- Colombia (210.0 units)
- Spain (197.0 units)
- Italy (59.0 units)
- Mexico (30.0 units)
Non-Electric Industrial Furnace Exports in the Dominican Republic
In 2022, exports of non-electric industrial or laboratory furnaces and ovens from the Dominican Republic surged to 567 units, jumping by 2,365% compared with 2021. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-electric industrial furnace exports skyrocketed to $655K in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Non-Electric Industrial Furnace in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.3 | 0.1 | 18.0 | 555 | 1127.6% |
Haiti | 0.2 | N/A | N/A | 84.0 | 648.9% |
Venezuela | 7.5 | 1.5 | N/A | N/A | -80.0% |
Others | N/A | N/A | 0.7 | 15.8 | 2157.1% |
Total | 8.0 | 1.6 | 18.7 | 655 | 334.2% |
Top Export Markets for Non-Electric Industrial Furnace from the Dominican Republic in 2022:
- United States (554.0 units)
- Haiti (10.0 units)
This report provides an in-depth analysis of the non-electric industrial furnace 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 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)
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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