Report Update: May 1, 2024

Dominican Republic - Swivel Seats With Variable Height Adjustments - Market Analysis, Forecast, Size, Trends And Insights

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Swivel Seat Price in the Dominican Republic - 2021

Swivel Seat Price in the Dominican Republic (CIF) - 2021

In December 2021, the average swivel seat import price amounted to $103 per unit, jumping by 52% against the previous month. Overall, import price indicated prominent growth from December 2020 to December 2021: its price increased at an average monthly rate of +6.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, swivel seat import price increased by +52.1% against November 2021 indices. The pace of growth was the most pronounced in January 2021 when the average import price increased by 115% against the previous month. The import price peaked at $117 per unit in April 2021; however, from May 2021 to December 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($410 per unit), while the price for Turkey ($50.5 per unit) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Swivel Seat Price in the Dominican Republic (FOB) - 2022

In 2022, the average swivel seat export price amounted to $77 per unit, waning by -28.3% against the previous year. Overall, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 29% against the previous year. The export price peaked at $528 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Jamaica ($127 per unit), while the average price for exports to Turks and Caicos Islands ($62 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 Jamaica (-1.4%), while the prices for the other major destinations experienced a decline.

Swivel Seat Imports in the Dominican Republic

In 2022, approx. 63K units of swivel seats with variable height adjustments were imported into the Dominican Republic; which is down by -15% compared with the previous year. Overall, imports saw a perceptible shrinkage. The growth pace was the most rapid in 2021 with an increase of 45%. As a result, imports reached the peak of 74K units, and then contracted in the following year.

In value terms, swivel seat imports shrank rapidly to $5.4M in 2022. In general, imports showed a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 65% against the previous year. As a result, imports reached the peak of $6.8M, and then shrank rapidly in the following year.

Import of Swivel Seat in the Dominican Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.3	2.1	4.7	3.6	2.9%
United States	1.3	0.9	0.9	0.8	-14.9%
Mexico	0.5	0.2	0.5	0.4	-7.2%
Turkey	N/A	N/A	0.1	0.1	0.0%
Malaysia	0.3	0.2	0.1	0.1	-30.7%
Others	1.0	0.6	0.4	0.4	-26.3%
Total	6.4	4.1	6.8	5.4	-5.5%

Top Suppliers of Swivel Seat to the Dominican Republic in 2022:

China (51.0K units)
United States (3.8K units)
Malaysia (2.0K units)
Turkey (1.3K units)
Mexico (1.2K units)

Swivel Seat Exports in the Dominican Republic

For the fourth consecutive year, the Dominican Republic recorded growth in overseas shipments of swivel seats with variable height adjustments, which increased by 11% to 1.2K units in 2022. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 96%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, swivel seat exports fell significantly to $91K in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 68% against the previous year. As a result, the exports reached the peak of $114K, and then reduced sharply in the following year.

Export of Swivel Seat in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Haiti	25.5	36.8	83.9	67.4	38.3%
United States	5.5	15.3	11.0	8.8	17.0%
Jamaica	9.0	9.4	8.8	7.5	-5.9%
Turks and Caicos Islands	0.5	0.6	3.2	2.5	71.0%
Mexico	1.5	0.5	0.4	1.8	6.3%
Costa Rica	16.2	0.3	0.6	0.5	-68.6%
Others	5.8	5.1	6.2	2.6	-23.5%
Total	64.0	68.1	114	91.1	12.5%

Top Export Markets for Swivel Seat from the Dominican Republic in 2022:

Haiti (865.0 units)
United States (140.0 units)
Jamaica (59.0 units)
Turks and Caicos Islands (41.0 units)
Mexico (25.0 units)
Costa Rica (8.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the swivel seat 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 31001150 - Swivel seats with variable height adjustments (excluding medical, surgical, dental or veterinary, and barbers

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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