Dominican Republic - Road Tractors For Semi-Trailers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Dominican Republic - Road Tractors For Semi-Trailers - Market Analysis, Forecast, Size, Trends and Insights

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Price for Road Tractor for Semi-Trailer in the Dominican Republic - 2021

Contents:

  1. Price for Road Tractor for Semi-Trailer in the Dominican Republic (CIF) - 2022
  2. Price for Road Tractor for Semi-Trailer in the Dominican Republic (FOB) - 2022
  3. Imports of Road Tractor for Semi-Trailer in the Dominican Republic
  4. Exports of Road Tractor for Semi-Trailer in the Dominican Republic

Price for Road Tractor for Semi-Trailer in the Dominican Republic (CIF) - 2022

In 2022, the average road tractor for semi-trailer import price amounted to $16,414 per unit, with a decrease of -4.7% against the previous year. In general, the import price saw a abrupt descent. The growth pace was the most rapid in 2016 an increase of 18%. As a result, import price attained the peak level of $65,915 per unit. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($38,826 per unit), while the price for Japan ($5,560 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.2%), while the prices for the other major suppliers experienced a decline.

Price for Road Tractor for Semi-Trailer in the Dominican Republic (FOB) - 2022

In 2022, the average road tractor for semi-trailer export price amounted to $9,237 per unit, approximately mirroring the previous year. Over the period under review, the export price, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2017 an increase of 49%. The export price peaked at $58,726 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($12,905 per unit), while the average price for exports to Guyana ($2,578 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 Turks and Caicos Islands (+93.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Road Tractor for Semi-Trailer in the Dominican Republic

In 2022, purchases abroad of road tractors for semi-trailers decreased by -19% to 991 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. As a result, imports reached the peak of 1.2K units, and then fell markedly in the following year.

In value terms, road tractor for semi-trailer imports declined remarkably to $16M in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. As a result, imports attained the peak of $21M, and then contracted significantly in the following year.

Import of Road Tractor for Semi-Trailer in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.16.89.37.321.2%
Brazil1.81.46.04.737.7%
Mexico1.11.71.31.613.3%
China0.60.31.00.810.1%
Germany0.10.21.00.791.3%
Canada0.30.30.50.410.1%
Japan0.10.20.30.226.0%
Others0.40.61.80.57.7%
Total8.411.521.116.324.7%

Top Suppliers of Road Tractor for Semi-Trailer to the Dominican Republic in 2022:

  1. United States (304.0 units)
  2. Mexico (161.0 units)
  3. Brazil (121.0 units)
  4. China (72.0 units)
  5. Canada (50.0 units)
  6. Japan (37.0 units)
  7. Germany (32.0 units)

Exports of Road Tractor for Semi-Trailer in the Dominican Republic

In 2022, the amount of road tractors for semi-trailers exported from the Dominican Republic declined remarkably to 11 units, which is down by -47.6% on the previous year. In general, exports recorded a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 2,000%. As a result, the exports attained the peak of 21 units, and then contracted sharply in the following year.

In value terms, road tractor for semi-trailer exports fell notably to $102K in 2022. Over the period under review, exports recorded a significant contraction. The growth pace was the most rapid in 2021 with an increase of 1,535% against the previous year. The exports peaked at $606K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Road Tractor for Semi-Trailer in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti8.310.510453.385.9%
United States1101.287.544.8-25.9%
GuyanaN/AN/AN/A3.50%
Turks and Caicos Islands17.1N/AN/AN/A0%
Trinidad and Tobago132N/AN/AN/A0%
France93.9N/AN/AN/A0%
Mexico165N/AN/AN/A0%
Kyrgyzstan80.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total60611.7191102-44.8%

Top Export Markets for Road Tractor for Semi-Trailer from the Dominican Republic in 2022:

  1. United States (6.0 units)
  2. Haiti (4.0 units)
  3. Guyana (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for road tractor for semi-trailer 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 29104300 - Road tractors for semi-trailers

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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