Report Update May 1, 2024

Dominican Republic - Iron or Steel Leaf-Springs and Leaves - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Market Size for Iron Or Steel Leaf-Springs And Leaves in the Dominican Republic

In 2020, after five years of growth, there was significant decline in the Dominican market for iron or steel leaf-springs and leaves, when its value decreased by -X% to $X. In general, consumption, however, continues to indicate a pronounced increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Consumption peaked at $X in 2019, and then reduced dramatically in the following year.

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports from the Dominican Republic

In 2020, overseas shipments of iron or steel leaf-springs and leaves decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed a modest expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Exports peaked at X tons in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of iron or steel leaf-springs and leaves skyrocketed to $X in 2020. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. Exports peaked at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

Guyana (X tons) was the main destination for exports of iron or steel leaf-springs and leaves from the Dominican Republic, accounting for a X% share of total exports. It was followed by Haiti (X kg), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Guyana stood at +X%.

In value terms, Guyana ($X) and Haiti ($X) constituted the largest markets for iron or steel leaf-spring and leave exported from the Dominican Republic worldwide.

Among the main countries of destination, Haiti recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average export price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a slight downturn. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. As a result, export price reached the peak level of $X per ton. from 2013 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Haiti ($X per ton), while the average price for exports to Guyana stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Haiti.

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports into the Dominican Republic

In 2020, purchases abroad of iron or steel leaf-springs and leaves decreased by -X% to X tons for the first time since 2014, thus ending a five-year rising trend. In general, imports, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Imports peaked at X tons in 2019, and then shrank dramatically in the following year.

In value terms, imports of iron or steel leaf-springs and leaves declined rapidly to $X in 2020. Overall, imports, however, recorded a modest increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2019, and then fell significantly in the following year.

Imports by Country

China (X tons), Colombia (X tons) and Mexico (X tons) were the main suppliers of imports of iron or steel leaf-springs and leaves to the Dominican Republic, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel leaf-spring and leave suppliers to the Dominican Republic were Mexico ($X), China ($X) and Colombia ($X), together accounting for X% of total imports. The U.S. and Brazil lagged somewhat behind, together comprising a further X the main suppliers, the U.S. saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, shrinking by -X% against the previous year. Over the period under review, the import price showed a perceptible decrease. The pace of growth appeared the most rapid in 2009 an increase of X% y-o-y. As a result, import price attained the peak level of $X per ton. from 2010 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel leaf-springs and leaves in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, with a combined 43% share of global consumption. Greece, Russia, Brazil, Indonesia, Thailand, Iran and Japan lagged somewhat behind, together comprising a further 24%.

What are the largest producers of iron or steel leaf-springs and leaves in the world?

The country with the largest volume of iron or steel leaf-spring production was China, comprising approx. 27% of total volume. Moreover, iron or steel leaf-spring production in China exceeded the figures recorded by the second-largest producer, India, threefold. Greece ranked third in terms of total production with a 7.7% share.

What are the leading suppliers of iron or steel leaf-springs and leaves to the Dominican Republic?

In value terms, China constituted the largest supplier of iron or steel leaf-springs and leaves to the Dominican Republic, comprising 49% of total imports. The second position in the ranking was held by Colombia, with a 15% share of total imports. It was followed by Brazil, with a 9.9% share.

What is the average export price for iron or steel leaf-springs and leaves in the Dominican Republic?

The average iron or steel leaf-spring export price stood at $13,090 per ton in 2022, rising by 94% against the previous year.

What is the average import price for iron or steel leaf-springs and leaves in the Dominican Republic?

In 2022, the average iron or steel leaf-spring import price amounted to $3,132 per ton, waning by -20.1% against the previous year.

This report provides an in-depth analysis of the market for iron or steel leaf-spring and leave 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 2025.

Product coverage:

Prodcom 25931613 - Iron or steel hot-worked laminated leaf-springs and leaves therefor
Prodcom 25931615 - Iron or steel hot-worked non-laminated leaf-springs and leaves therefor
Prodcom 25931617 - Iron or steel cold-formed leaf-springs and leaves therefor

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