Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in the Dominican Republic - 2022
Contents:
- Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in the Dominican Republic (CIF) - 2022
- Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in the Dominican Republic
Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in the Dominican Republic (CIF) - 2022
The average import price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses stood at $37 per unit in 2022, growing by 7.2% against the previous year. In general, the import price enjoyed a resilient expansion. The growth pace was the most rapid in 2013 when the average import price increased by 95%. The import price peaked at $61 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($37 per unit) and China ($37 per unit), while the price for Japan ($37 per unit) and Brazil ($37 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in the Dominican Republic
In 2022, after three years of growth, there was decline in supplies from abroad of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses, when their volume decreased by -2.8% to 32K units. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 6% against the previous year. Imports peaked at 33K units in 2021, and then reduced slightly in the following year.
In value terms, imports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses expanded to $1.2M in 2022. Over the period under review, imports saw a noticeable curtailment. Imports peaked at $1.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,050 | 962 | 881 | 909 | -4.7% |
| China | 166 | 157 | 149 | 158 | -1.6% |
| Indonesia | 74.5 | 71.1 | 67.7 | 72.7 | -0.8% |
| Brazil | 58.0 | 49.6 | 42.4 | 40.9 | -11.0% |
| Japan | 12.6 | 15.3 | 18.5 | 25.1 | 25.8% |
| Others | 9.8 | 9.3 | 8.8 | 9.6 | -0.7% |
| Total | 1,371 | 1,265 | 1,167 | 1,216 | -3.9% |
Top Suppliers of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles to the Dominican Republic in 2022:
- United States (24.3K units)
- China (4.2K units)
- Indonesia (1.9K units)
- Brazil (1.1K units)
- Japan (0.7K units)
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