Dominican Republic - Safety Seat Belts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafety Seat Belt Price in the Dominican Republic - 2023
Contents:
- Safety Seat Belt Price in the Dominican Republic (CIF) - 2022
- Safety Seat Belt Price in the Dominican Republic (FOB) - 2022
- Safety Seat Belt Imports in the Dominican Republic
- Safety Seat Belt Exports in the Dominican Republic
Safety Seat Belt Price in the Dominican Republic (CIF) - 2022
In 2022, the average safety seat belt import price amounted to $10 per unit, shrinking by -17.3% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 26%. The import price peaked at $13 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 Germany ($38 per unit), while the price for China ($4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Safety Seat Belt Price in the Dominican Republic (FOB) - 2022
In 2022, the average safety seat belt export price amounted to $6.4 per unit, dropping by -30.6% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 59% against the previous year. Over the period under review, the average export prices reached the maximum at $16 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Turks and Caicos Islands.
From 2012 to 2022, the rate of growth in terms of prices for Cuba amounted to +16.8% per year.
Safety Seat Belt Imports in the Dominican Republic
In 2022, imports of safety seat belts into the Dominican Republic surged to 21K units, increasing by 62% against the previous year. Over the period under review, imports saw slight growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, safety seat belt imports soared to $214K in 2022. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +2.0% 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 +96.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 46% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Safety Seat Belt in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 34.9 | 7.7 | 25.2 | 47.7 | 11.0% |
China | 27.8 | 11.3 | 19.2 | 39.8 | 12.7% |
Mexico | 19.1 | 13.6 | 19.5 | 18.1 | -1.8% |
Poland | 3.8 | 3.6 | 8.8 | 16.1 | 61.8% |
Japan | 19.6 | 11.8 | 9.3 | 14.2 | -10.2% |
South Korea | 7.1 | 4.1 | 6.5 | 12.5 | 20.7% |
India | 0.6 | 0.5 | 1.3 | 12.1 | 172.2% |
France | 6.3 | 1.8 | 1.3 | 0.9 | -47.7% |
Taiwan (Chinese) | 30.2 | 28.3 | 36.4 | N/A | 9.8% |
Others | 52.6 | 26.4 | 32.5 | 52.9 | 0.2% |
Total | 202 | 109 | 160 | 214 | 1.9% |
Top Suppliers of Safety Seat Belt to the Dominican Republic in 2022:
- China (9.8K units)
- United States (3.0K units)
- South Korea (2.4K units)
- Japan (1.3K units)
- Mexico (1.0K units)
- Poland (1.0K units)
- India (0.4K units)
- France (0.1K units)
Safety Seat Belt Exports in the Dominican Republic
In 2022, overseas shipments of safety seat belts increased by 40% to 7 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a precipitous setback. The exports peaked at 15 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, safety seat belt exports fell slightly to $48 in 2022. In general, exports, however, faced a dramatic descent. The exports peaked at $187 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Safety Seat Belt in the Dominican Republic (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turks and Caicos Islands | N/A | N/A | N/A | 8.0 | 0% |
Chile | 2.0 | 1.0 | N/A | N/A | -50.0% |
United States | 8.0 | 2.0 | 1.0 | N/A | -64.6% |
Cuba | 177 | 80.0 | 47.0 | N/A | -48.5% |
Canada | N/A | 1.0 | N/A | N/A | 0% |
Others | N/A | 3.0 | 2.0 | 40.0 | 265.1% |
Total | 187 | 87.0 | 50.0 | 48.0 | -36.4% |
Top Export Markets for Safety Seat Belt from the Dominican Republic in 2022:
- Turks and Caicos Islands (1.0 units)
This report provides an in-depth analysis of the safety seat belt 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 29322030 - Safety seat belts
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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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