Rafts; Inflatable Price in the Dominican Republic - 2023

Contents:

  1. Rafts; Inflatable Price in the Dominican Republic (CIF) - 2022
  2. Rafts; Inflatable Price in the Dominican Republic (FOB) - 2022
  3. Rafts; Inflatable Imports in the Dominican Republic
  4. Rafts; Inflatable Exports in the Dominican Republic

Rafts; Inflatable Price in the Dominican Republic (CIF) - 2022

The average rafts; inflatable import price stood at $426 per unit in 2022, rising by 63% against the previous year. In general, the import price, however, faced a deep contraction. Over the period under review, average import prices reached the peak figure at $1,525 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,398 per unit), while the price for Colombia ($114 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+42.6%), while the prices for the other major suppliers experienced a decline.

Rafts; Inflatable Price in the Dominican Republic (FOB) - 2022

In 2022, the average rafts; inflatable export price amounted to $726 per unit, growing by 212% against the previous year. Over the period under review, the export price, however, saw a abrupt decline. Over the period under review, the average export prices reached the maximum at $2,195 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,590 per unit), while the average price for exports to Germany ($250 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 Cyprus (+38.4%), while the prices for the other major destinations experienced more modest paces of growth.

Rafts; Inflatable Imports in the Dominican Republic

For the fourth year in a row, the Dominican Republic recorded growth in supplies from abroad of rafts; inflatables, which increased by 1.3% to 311 units in 2022. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 133%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, rafts; inflatable imports surged to $132K in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Rafts; Inflatable in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States29.220.517.879.139.4%
Colombia12.716.418.823.021.9%
China4.710.614.19.325.5%
France0.95.53.40.90.0%
Venezuela6.88.79.7N/A19.4%
UkraineN/A25.6N/AN/A0%
Others5.44.816.220.155.0%
Total59.892.180.013230.2%

Top Suppliers of Rafts; Inflatable to the Dominican Republic in 2022:

  1. Colombia (202.0 units)
  2. United States (72.0 units)
  3. China (33.0 units)
  4. France (2.0 units)

Rafts; Inflatable Exports in the Dominican Republic

In 2022, the amount of rafts; inflatables exported from the Dominican Republic declined remarkably to 5 units, which is down by -64.3% against the year before. In general, exports showed a sharp contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 7.7% against the previous year. Over the period under review, the exports hit record highs at 37 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, rafts; inflatable exports expanded markedly to $3.6K in 2022. Over the period under review, exports saw a dramatic descent. The exports peaked at $58K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Rafts; Inflatable in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States29.60.30.22.6-55.5%
GermanyN/AN/AN/A0.50%
Saint LuciaN/AN/AN/A0.50%
Cook Islands0.50.1N/AN/A-80.0%
Antigua and Barbuda0.50.1N/AN/A-80.0%
Saint Vincent and the Grenadines3.60.50.4N/A-66.7%
Bahamas5.30.80.6N/A-66.4%
France5.10.70.5N/A-68.7%
Tanzania3.20.50.4N/A-64.6%
Singapore2.90.40.3N/A-67.8%
Belize2.40.30.3N/A-64.6%
Liberia1.50.20.1N/A-74.2%
Others3.60.50.3N/A-71.1%
Total58.34.43.33.6-60.5%

Top Export Markets for Rafts; Inflatable from the Dominican Republic in 2022:

  1. Saint Lucia (2.0 units)
  2. Germany (2.0 units)
  3. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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