Dominican Republic - Tyres For Motor Cycles Or Bicycles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Motorcycle or Bicycle Tyre in the Dominican Republic - 2023
Contents:
- Price for Motorcycle or Bicycle Tyre in the Dominican Republic (CIF) - 2023
- Price for Motorcycle or Bicycle Tyre in the Dominican Republic (FOB) - 2023
- Imports of Motorcycle or Bicycle Tyre in the Dominican Republic
- Exports of Motorcycle or Bicycle Tyre in the Dominican Republic
Price for Motorcycle or Bicycle Tyre in the Dominican Republic (CIF) - 2023
The average motorcycle or bicycle tyre import price stood at $17.2 per unit in March 2023, jumping by 119% against the previous month. Over the period under review, import price indicated a moderate expansion from March 2022 to March 2023: its price increased at an average monthly rate of +4.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, motorcycle or bicycle tyre import price increased by +119.0% against February 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was the Netherlands ($26.2 per unit), while the price for China stood at $15.5 per unit.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Motorcycle or Bicycle Tyre in the Dominican Republic (FOB) - 2023
In February 2023, the average motorcycle or bicycle tyre export price amounted to $18.4 per unit, growing by 15% against the previous month. Over the period under review, the export price recorded modest growth. The pace of growth was the most pronounced in March 2022 an increase of 22% month-to-month. The export price peaked at $24.1 per unit in August 2022; however, from September 2022 to February 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Haiti.
From February 2022 to February 2023, the rate of growth in terms of prices for Haiti amounted to +1.5% per month.
Imports of Motorcycle or Bicycle Tyre in the Dominican Republic
In 2022, the amount of tyres for motorcycles or bicycles imported into the Dominican Republic skyrocketed to 1.3M units, picking up by 19% against the previous year. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 104% 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, motorcycle or bicycle tyre imports soared to $17M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Motorcycle or Bicycle Tyre in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.9 | 5.5 | 8.5 | 9.3 | 16.4% |
| Vietnam | 3.6 | 3.7 | 4.6 | 5.4 | 14.5% |
| Indonesia | N/A | N/A | 0.2 | 1.3 | 550.0% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
| Others | 0.7 | 0.5 | 0.9 | 0.8 | 4.6% |
| Total | 10.2 | 9.8 | 14.4 | 16.8 | 18.1% |
Top Suppliers of Motorcycle or Bicycle Tyre to the Dominican Republic in 2022:
- China (876.8K units)
- Vietnam (343.1K units)
- Indonesia (40.4K units)
Exports of Motorcycle or Bicycle Tyre in the Dominican Republic
In 2022, exports of tyres for motorcycles or bicycles from the Dominican Republic reduced rapidly to 17K units, declining by -50.2% on the year before. Overall, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 92%. As a result, the exports attained the peak of 35K units, and then shrank dramatically in the following year.
In value terms, motorcycle or bicycle tyre exports shrank dramatically to $348K in 2022. Over the period under review, exports saw a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 111%. As a result, the exports reached the peak of $549K, and then declined notably in the following year.
| Export of Motorcycle or Bicycle Tyre in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 389 | 259 | 542 | 348 | -3.6% |
| Cuba | 37.7 | 1.3 | 7.4 | N/A | -55.7% |
| Venezuela | 16.6 | N/A | N/A | N/A | 0% |
| Others | 0.6 | N/A | N/A | N/A | 0% |
| Total | 444 | 260 | 549 | 348 | -7.8% |
Top Export Markets for Motorcycle or Bicycle Tyre from the Dominican Republic in 2022:
- Haiti (17.4K units)
This report provides an in-depth analysis of the market for motorcycle or bicycle tyre 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 22111200 - New pneumatic tyres, of rubber, of a kind used on motorcycles or bicycles
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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