Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in the Dominican Republic - 2023

Contents:

1. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in the Dominican Republic (CIF) - 2022
2. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in the Dominican Republic (FOB) - 2022
3. Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in the Dominican Republic
4. Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in the Dominican Republic

Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in the Dominican Republic (CIF) - 2022

In 2022, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $1.3 per unit, dropping by -6.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 36%. As a result, import price reached the peak level of $1.4 per unit, and then reduced in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.3% per year.

Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in the Dominican Republic (FOB) - 2022

In 2022, the average export price for rubber; inner tubes, of a kind used on bicycleses amounted to $2.9 per unit, picking up by 3.1% against the previous year. In general, the export price showed resilient growth. The growth pace was the most rapid in 2017 an increase of 60%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Haiti.

From 2013 to 2022, the rate of growth in terms of prices for Haiti amounted to +9.0% per year.

Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in the Dominican Republic

In 2022, approx. 555K units of rubber; inner tubes, of a kind used on bicycleses were imported into the Dominican Republic; shrinking by -41.4% against the previous year. In general, imports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 136%. As a result, imports attained the peak of 948K units, and then declined rapidly in the following year.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses contracted markedly to $713K in 2022. Over the period under review, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 220% against the previous year. As a result, imports reached the peak of $1.3M, and then shrank remarkably in the following year.

Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to the Dominican Republic in 2022:

1. China (550.9K units)

Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in the Dominican Republic

In 2022, exports of rubber; inner tubes, of a kind used on bicycleses from the Dominican Republic fell rapidly to 36K units, shrinking by -50.8% on 2021. Over the period under review, exports saw a sharp decline. The growth pace was the most rapid in 2021 with an increase of 27%. The exports peaked at 115K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses shrank remarkably to $103K in 2022. Overall, exports faced a sharp contraction. The pace of growth was the most pronounced in 2021 when exports increased by 33%. Over the period under review, the exports of reached the peak figure at $278K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from the Dominican Republic in 2022:

1. Haiti (35.6K units)

Source: IndexBox Market Intelligence Platform