Dominican Republic - Distributors And Ignition Coils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIgnition Coil Price in the Dominican Republic - 2023
Contents:
- Ignition Coil Price in the Dominican Republic (CIF) - 2022
- Ignition Coil Price in the Dominican Republic (FOB) - 2022
- Ignition Coil Imports in the Dominican Republic
- Ignition Coil Exports in the Dominican Republic
Ignition Coil Price in the Dominican Republic (CIF) - 2022
In 2022, the average ignition coil import price amounted to $9.9 per unit, falling by -3.3% against the previous year. Overall, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 31%. As a result, import price attained the peak level of $19 per unit. From 2017 to 2022, the average import prices remained 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 ($17 per unit), while the price for Colombia ($3.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.3%), while the prices for the other major suppliers experienced a decline.
Ignition Coil Price in the Dominican Republic (FOB) - 2022
In 2022, the average ignition coil export price amounted to $2.3 per unit, picking up by 40% against the previous year. In general, the export price, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2017 an increase of 48% against the previous year. Over the period under review, the average export prices reached the peak figure at $11 per unit 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 Chile ($6 per unit), while the average price for exports to Hong Kong SAR ($0.5 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 Haiti (-7.1%), while the prices for the other major destinations experienced a decline.
Ignition Coil Imports in the Dominican Republic
In 2022, approx. 267K units of distributors and ignition coils were imported into the Dominican Republic; jumping by 27% on 2021 figures. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.0% 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 +80.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, ignition coil imports soared to $2.6M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.0% 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 +76.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 44% 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.
| Import of Ignition Coil in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 767 | 761 | 1,248 | 1,523 | 25.7% |
| United States | 370 | 409 | 453 | 534 | 13.0% |
| Japan | 158 | 73.7 | 138 | 176 | 3.7% |
| South Korea | 134 | 71.9 | 133 | 124 | -2.6% |
| Colombia | 32.7 | 31.7 | 40.3 | 91.1 | 40.7% |
| Hong Kong SAR | 45.8 | 27.3 | 8.4 | 8.3 | -43.4% |
| Others | 181 | 122 | 129 | 179 | -0.4% |
| Total | 1,689 | 1,496 | 2,150 | 2,635 | 16.0% |
Top Suppliers of Ignition Coil to the Dominican Republic in 2022:
- China (176.0K units)
- United States (30.8K units)
- Colombia (24.1K units)
- Japan (11.3K units)
- South Korea (9.1K units)
- Hong Kong SAR (2.5K units)
Ignition Coil Exports in the Dominican Republic
After three years of growth, shipments abroad of distributors and ignition coils decreased by -72.9% to 9.2K units in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 479% against the previous year. The exports peaked at 34K units in 2021, and then declined rapidly in the following year.
In value terms, ignition coil exports contracted sharply to $22K in 2022. Over the period under review, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 202%. Over the period under review, the exports hit record highs at $57K in 2021, and then dropped rapidly in the following year.
| Export of Ignition Coil in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 7.8 | 9.7 | 9.6 | 11.6 | 14.1% |
| Chile | N/A | N/A | N/A | 4.0 | 0% |
| United States | 0.8 | 30.8 | 4.0 | 2.5 | 46.2% |
| Hong Kong SAR | N/A | N/A | 15.9 | 2.3 | -85.5% |
| Panama | N/A | N/A | N/A | 0.8 | 0% |
| Germany | N/A | N/A | 27.0 | N/A | 0% |
| Others | 4.9 | 0.3 | 0.2 | 0.4 | -56.6% |
| Total | 13.5 | 40.7 | 56.7 | 21.6 | 17.0% |
Top Export Markets for Ignition Coil from the Dominican Republic in 2022:
- Hong Kong SAR (5.1K units)
- Haiti (2.3K units)
- United States (1.0K units)
- Chile (0.7K units)
- Panama (0.2K units)
This report provides an in-depth analysis of the ignition coil 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 29312170 - Distributors and ignition coils
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.
-
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
-
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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