Dominican Republic - Parts Of Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Parts Price in the Dominican Republic - 2023
Contents:
- Ball Bearing Parts Price in the Dominican Republic (CIF) - 2023
- Ball Bearing Parts Price in the Dominican Republic (FOB) - 2022
- Ball Bearing Parts Imports in the Dominican Republic
- Ball Bearing Parts Exports in the Dominican Republic
Ball Bearing Parts Price in the Dominican Republic (CIF) - 2023
In March 2023, the average ball bearing parts import price amounted to $9,805 per ton, shrinking by -74.7% against the previous month. Over the period under review, the import price faced a deep setback. The most prominent rate of growth was recorded in October 2022 an increase of 107% m-o-m. Over the period under review, average import prices hit record highs at $82,695 per ton in March 2022; however, from April 2022 to March 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($48,949 per ton), while the price for China ($4,819 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.8%), while the prices for the other major suppliers experienced a decline.
Ball Bearing Parts Price in the Dominican Republic (FOB) - 2022
In 2022, the average ball bearing parts export price amounted to $9,498 per ton, increasing by 153% against the previous year. Over the period under review, the export price, however, saw a mild contraction. The export price peaked at $21,160 per ton 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 ($20,942 per ton), while the average price for exports to Haiti amounted to $9,338 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.
Ball Bearing Parts Imports in the Dominican Republic
In 2022, imports of parts of ball or roller bearings into the Dominican Republic soared to 132 tons, with an increase of 82% against 2021. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ball bearing parts imports skyrocketed to $2.7M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Ball Bearing Parts in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 670 | 505 | 569 | 1,185 | 20.9% |
Mexico | 12.9 | 8.3 | 10.7 | 418 | 218.8% |
China | 190 | 153 | 260 | 368 | 24.7% |
United Kingdom | 1.4 | 18.3 | 48.3 | 165 | 390.3% |
Japan | 71.1 | 58.2 | 56.1 | 142 | 25.9% |
Italy | 90.8 | 115 | 122 | 120 | 9.7% |
Germany | 308 | 62.2 | 155 | 89.3 | -33.8% |
Spain | 18.8 | 10.0 | 41.6 | 43.1 | 31.9% |
Sweden | 33.0 | 25.4 | 77.0 | 22.4 | -12.1% |
South Korea | 12.6 | 23.8 | 17.9 | 10.2 | -6.8% |
Others | 131 | 98.0 | 206 | 163 | 7.6% |
Total | 1,539 | 1,077 | 1,564 | 2,726 | 21.0% |
Top Suppliers of Ball Bearing Parts to the Dominican Republic in 2022:
- United States (38.5 tons)
- Mexico (34.5 tons)
- China (29.1 tons)
- Italy (11.0 tons)
- Japan (3.8 tons)
- United Kingdom (3.8 tons)
- South Korea (1.4 tons)
- Spain (1.3 tons)
- Germany (1.1 tons)
- Sweden (0.7 tons)
Ball Bearing Parts Exports in the Dominican Republic
In 2022, ball bearing parts exports from the Dominican Republic dropped notably to 636 kg, declining by -56.8% compared with the previous year. Overall, exports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 51% against the previous year.
In value terms, ball bearing parts exports expanded sharply to $6K in 2022. In general, exports continue to indicate a sharp shrinkage.
Export of Ball Bearing Parts in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | 0.7 | 0.4 | 1.9 | 5.9 | 103.5% |
United States | 19.4 | 10.2 | 0.7 | 0.1 | -82.7% |
Barbados | 19.1 | N/A | N/A | N/A | 0% |
Cuba | N/A | N/A | 3.0 | N/A | 0% |
Others | 22.6 | 4.9 | N/A | 0.1 | -83.6% |
Total | 61.7 | 15.5 | 5.5 | 6.0 | -54.0% |
Top Export Markets for Ball Bearing Parts from the Dominican Republic in 2022:
- Haiti (633.0 kg)
- United States (4.0 kg)
This report provides an in-depth analysis of the ball bearing parts 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 28153150 - Parts of ball or roller bearings (excluding balls, needles and rollers)
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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