Dominican Republic: Intake Air Filter Market 2024

Intake Air Filter Market Size in the Dominican Republic

The Dominican intake air filter market soared to $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Intake Air Filter Exports

Exports from the Dominican Republic

After two years of growth, shipments abroad of intake air filters for internal combustion engines decreased by X% to X units in 2022. Over the period under review, exports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, intake air filter exports shrank significantly to $X in 2022. In general, exports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Haiti (X units) was the main destination for intake air filter exports from the Dominican Republic, accounting for a X% share of total exports. Moreover, intake air filter exports to Haiti exceeded the volume sent to the second major destination, Cuba (X units), twofold. The third position in this ranking was held by Panama (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Haiti amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (X% per year) and Panama (X% per year).

In value terms, Haiti ($X) emerged as the key foreign market for intake air filters for internal combustion engines exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by Panama ($X), with a X% share of total exports. It was followed by Guyana, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Haiti totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and Guyana (X% per year).

Export Prices by Country

In 2022, the average intake air filter export price amounted to $X per unit, growing by X% against the previous year. Overall, the export price enjoyed a strong increase. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guyana ($X per unit), while the average price for exports to the Netherlands ($X 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 Cuba (X%), while the prices for the other major destinations experienced more modest paces of growth.

Intake Air Filter Imports

Imports into the Dominican Republic

In 2022, approx. X units of intake air filters for internal combustion engines were imported into the Dominican Republic; picking up by X% against 2021 figures. In general, imports posted a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, intake air filter imports soared to $X in 2022. Overall, imports posted a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of intake air filter to the Dominican Republic, accounting for a X% share of total imports. Moreover, intake air filter imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), threefold. The United States (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and the United States (X% per year).

In value terms, China ($X), the United States ($X) and Indonesia ($X) appeared to be the largest intake air filter suppliers to the Dominican Republic, together accounting for X% of total imports.

Indonesia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average intake air filter import price amounted to $X per unit, approximately equating the previous year. Over the period under review, the import price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of X%. The import price peaked at $X per unit in 2017; however, from 2018 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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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