The Dominican market for pulley tackle and hoists powered by an electric motor soared to $X in 2021, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
In 2021, overseas shipments of electric motor-driven pulley tackle and hoists finally rose to reach X units for the first time since 2016, ending a four-year decline. However, exports declined significantly during the reporting period. 2016 saw the fastest growth, with an increase of X% over the previous year. As a result, the export reached the peak of the X station. From 2017 to 2021, export growth will remain at a lower figure.
Exports of electric motor-driven pulley tackle and hoists to soar to $X in 2021 in value terms. Overall, exports have grown significantly. Exports peaked at $X in 2017; however, exports remained at lower figures from 2018 to 2021.
Haiti (unit X) is the main destination for exports of electric pulleys and lifts from the Dominican Republic, accounting for approximately X% of total exports.
From 2012 to 2021, sales in Haiti will grow at an average annual rate of +X%.
In terms of value, Haiti ($X) remains the main foreign market for electric motor driven pulley tackle and lifts exported by the Dominican Republic. From 2012 to 2021, the average annual growth rate in Haiti's value will total +X%.
Imports of electric motor powered pulley tackle and lifts to the Dominican Republic soared to X units in 2021, an increase of X% compared to 2020 figures. Imports continued to show substantial increases during the reporting period. As a result, imports have peaked and may continue to grow in the short term.
In value terms, imports of electric motor driven pulley tackle and hoists will surge to $X in 2021. Overall, imports recorded a significant increase. Growth was fastest in 2018, up X% from the previous year. Imports peak in 2021 and are likely to increase gradually over the next few years.
The United States (Unit X), China (Unit X), and Spain (Unit X) are the main suppliers of electric motor-driven pulley tackle and lifts to the Dominican Republic, together accounting for X% of total imports.
From 2012 to 2021, the largest increase will be in China (+X% CAGR), while the other leaders will see more modest increases in purchase volume.
The United States ($X), China ($X), and Spain ($X) are the largest pulley tackle and cranes in the Dominican Republic by value, powered by electric motor suppliers, together accounting for X% of total imports. Among the major suppliers, China recorded the highest import value growth rate during the review period with a CAGR of +X%, while the other leaders experienced a more moderate pace of procurement growth.
In value terms, the United States, China and Spain constituted the largest pulley tackle and hoists powered by an electric motor suppliers to the Dominican Republic, with a combined 77% share of total imports.
In value terms, Haiti remains the key foreign market for pulley tackle and hoists powered by an electric motor exports from the Dominican Republic.
In 2021, the average export price for pulley tackle and hoists powered by an electric motor amounted to $1,933 per unit, increasing by 396% against the previous year.
In 2021, the average import price for pulley tackle and hoists powered by an electric motor amounted to $37 per unit, declining by -44.9% against the previous year.
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