Dominican Republic - Seals Of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVulcanised Rubber Seal Price in the Dominican Republic - 2023
Contents:
- Vulcanised Rubber Seal Price in the Dominican Republic (CIF) - 2022
- Vulcanised Rubber Seal Price in the Dominican Republic (FOB) - 2022
- Vulcanised Rubber Seal Imports in the Dominican Republic
- Vulcanised Rubber Seal Exports in the Dominican Republic
Vulcanised Rubber Seal Price in the Dominican Republic (CIF) - 2022
In 2022, the average vulcanised rubber seal import price amounted to $13,572 per ton, declining by -13.2% against the previous year. Over the period under review, the import price showed a deep reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 32%. The import price peaked at $27,209 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 ($64,844 per ton), while the price for Colombia ($4,962 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Vulcanised Rubber Seal Price in the Dominican Republic (FOB) - 2022
The average vulcanised rubber seal export price stood at $15,224 per ton in 2022, waning by -31.7% against the previous year. In general, the export price, however, showed tangible growth. The growth pace was the most rapid in 2014 an increase of 199%. The export price peaked at $58,676 per ton in 2015; however, from 2016 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 the United States ($46,418 per ton), while the average price for exports to Trinidad and Tobago ($1,437 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guyana (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.
Vulcanised Rubber Seal Imports in the Dominican Republic
In 2022, approx. 2K tons of seals of vulcanised rubber were imported into the Dominican Republic; growing by 44% compared with the previous year's figure. The total import volume increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, vulcanised rubber seal imports surged to $27M in 2022. The total import value increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vulcanised Rubber Seal in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.0 | 8.1 | 9.7 | 11.5 | 8.5% |
| China | 3.1 | 2.7 | 4.0 | 5.2 | 18.8% |
| Japan | 1.1 | 0.8 | 1.2 | 1.7 | 15.6% |
| Germany | 1.7 | 0.9 | 1.1 | 1.3 | -8.6% |
| Italy | 0.7 | 0.8 | 0.8 | 1.0 | 12.6% |
| Spain | 0.7 | 0.5 | 0.6 | 0.8 | 4.6% |
| Costa Rica | 0.1 | 0.3 | 0.1 | 0.6 | 81.7% |
| Colombia | 0.6 | 0.5 | 0.6 | 0.6 | 0.0% |
| Others | 3.9 | 3.5 | 3.5 | 4.3 | 3.3% |
| Total | 20.8 | 17.9 | 21.5 | 26.9 | 9.0% |
Top Suppliers of Vulcanised Rubber Seal to the Dominican Republic in 2022:
- China (922.1 tons)
- United States (496.4 tons)
- Colombia (123.0 tons)
- Spain (98.8 tons)
- Japan (75.3 tons)
- Costa Rica (61.4 tons)
- Italy (41.5 tons)
- Germany (20.1 tons)
Vulcanised Rubber Seal Exports in the Dominican Republic
In 2022, approx. 15 tons of seals of vulcanised rubber were exported from the Dominican Republic; picking up by 20% against 2021. Overall, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 115% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, vulcanised rubber seal exports contracted markedly to $222K in 2022. In general, exports, however, showed a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 298% against the previous year. As a result, the exports reached the peak of $271K, and then reduced sharply in the following year.
| Export of Vulcanised Rubber Seal in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.0 | N/A | N/A | 112 | 105.0% |
| Haiti | 49.3 | 26.0 | 71.4 | 74.3 | 14.7% |
| United States | 172 | 18.2 | 171 | 19.9 | -51.3% |
| Guyana | 3.2 | 1.4 | 1.9 | 2.8 | -4.4% |
| Trinidad and Tobago | 0.3 | N/A | N/A | 2.3 | 97.2% |
| Jamaica | 1.3 | N/A | N/A | 1.3 | 0.0% |
| Mexico | N/A | 13.9 | N/A | N/A | 0% |
| Others | 14.8 | 8.5 | 26.5 | 9.8 | -12.8% |
| Total | 254 | 68.0 | 271 | 222 | -4.4% |
Top Export Markets for Vulcanised Rubber Seal from the Dominican Republic in 2022:
- Haiti (8.6 tons)
- Germany (2.8 tons)
- Trinidad and Tobago (1.6 tons)
- United States (0.4 tons)
- Guyana (0.3 tons)
- Jamaica (0.2 tons)
This report provides an in-depth analysis of the vulcanised rubber seal 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 22197323 - Seals, of vulcanised rubber
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
-
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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