Report Dominican Republic - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Dominican Republic - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights
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Dominican Republic: Spark Plug Market 2022

Spark Plug Market Size in the Dominican Republic

In 2021, the Dominican spark plug market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the near future.

Spark Plug Production in the Dominican Republic

In value terms, spark plug production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Spark plug production peaked at $X in 2020, and then contracted in the following year.

Spark Plug Exports

Exports from the Dominican Republic

In 2021, the amount of sparking plugs exported from the Dominican Republic soared to X units, rising by X% compared with 2020 figures. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, spark plug exports surged to $X in 2021. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Haiti (X units) was the main destination for spark plug exports from the Dominican Republic, accounting for a X% share of total exports. Moreover, spark plug exports to Haiti exceeded the volume sent to the second major destination, the United States (X units), fivefold. The third position in this ranking was occupied by South Africa (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Haiti amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and South Africa (+X% per year).

In value terms, Haiti ($X) remains the key foreign market for spark plug exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was occupied by the United States ($X), with a X% share of total exports. It was followed by Cuba, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Haiti stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and Cuba (+X% per year).

Export Prices by Country

In 2021, the average spark plug export price amounted to $X per unit, reducing by -X% against the previous year. Overall, the export price recorded a slight decline. The pace of growth was the most pronounced in 2018 an increase of X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Haiti ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (-X%), while the prices for the other major destinations experienced a decline.

Spark Plug Imports

Imports into the Dominican Republic

In 2021, supplies from abroad of sparking plugs increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, spark plug imports surged to $X in 2021. Over the period under review, imports recorded a buoyant expansion. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Mexico (X units), Japan (X units) and China (X units) were the main suppliers of spark plug imports to the Dominican Republic, with a combined X% share of total imports. These countries were followed by the United States, Thailand and South Korea, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest spark plug suppliers to the Dominican Republic were Mexico ($X), Japan ($X) and China ($X), together comprising X% of total imports. These countries were followed by the United States, Thailand and South Korea, which together accounted for a further X terms of the main suppliers, Thailand, with a CAGR of +X%, saw the highest rates of growth with regard to 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 spark plug import price stood at $X per unit in 2021, falling by -X% against the previous year. Overall, the import price recorded a mild contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per unit in 2020, and then reduced remarkably in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Mexico ($X per unit) and Japan ($X per unit), while the price for China ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for sparking plugs in the world?
+
The countries with the highest volumes of in 2021 were China, South Africa and the United States, with a combined 53% share of global consumption. India, Russia, Japan, Indonesia, Mexico, Germany, Turkey and the United Arab Emirates lagged somewhat behind, together accounting for a further 26%.
What are the largest producers of sparking plugs in the world?
+
The countries with the highest volumes of in 2021 were China, Japan and the United States, together comprising 59% of global production. India, Russia, Thailand, Indonesia, Germany, Turkey, Brazil and France lagged somewhat behind, together comprising a further 28%.
What are the leading suppliers of sparking plugs to the Dominican Republic?
+
In value terms, the largest spark plug suppliers to the Dominican Republic were Mexico, Japan and China, with a combined 70% share of total imports. The United States, Thailand and South Korea lagged somewhat behind, together comprising a further 26%.
What are the leading importers of sparking plugs from the Dominican Republic?
+
In value terms, Haiti remains the key foreign market for spark plug exports from the Dominican Republic, comprising 89% of total exports. The second position in the ranking was occupied by the United States, with a 5.9% share of total exports. It was followed by Cuba, with a 1.8% share.
What is the average export price for sparking plugs in the Dominican Republic?
+
The average spark plug export price stood at $0.8 per unit in 2021, reducing by -17.3% against the previous year.
What is the average import price for sparking plugs in the Dominican Republic?
+
In 2021, the average spark plug import price amounted to $2 per unit, reducing by -40% against the previous year.

This report provides an in-depth analysis of the spark plug 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 29312130 - Sparking plugs
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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