Dominican Republic - Cargo Trailers and Semi-Trailers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTrailer and Semi-Trailer Price in the Dominican Republic - 2023
Contents:
- Trailer and Semi-Trailer Price in the Dominican Republic (CIF) - 2022
- Trailer and Semi-Trailer Price in the Dominican Republic (FOB) - 2022
- Trailer and Semi-Trailer Imports in the Dominican Republic
- Trailer and Semi-Trailer Exports in the Dominican Republic
Trailer and Semi-Trailer Price in the Dominican Republic (CIF) - 2022
The average trailer and semi-trailer import price stood at $5,676 per unit in 2022, rising by 53% against the previous year. Over the period under review, the import price, however, showed a noticeable shrinkage. Over the period under review, average import prices reached the maximum at $7,001 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 China ($14,453 per unit), while the price for Belgium ($693 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.9%), while the prices for the other major suppliers experienced a decline.
Trailer and Semi-Trailer Price in the Dominican Republic (FOB) - 2022
In 2022, the average trailer and semi-trailer export price amounted to $1,559 per unit, declining by -44.4% against the previous year. In general, the export price, however, showed measured growth. The pace of growth appeared the most rapid in 2013 an increase of 528% against the previous year. Over the period under review, the average export prices reached the peak figure at $11,207 per unit in 2016; however, from 2017 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 Aruba ($6,000 per unit), while the average price for exports to Colombia ($1,333 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 Turks and Caicos Islands (+33.0%), while the prices for the other major destinations experienced mixed trend patterns.
Trailer and Semi-Trailer Imports in the Dominican Republic
In 2022, imports of cargo trailers and semi-trailers into the Dominican Republic contracted modestly to 2.9K units, declining by -4.7% on 2021 figures. Over the period under review, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 8.2% against the previous year. Over the period under review, imports reached the maximum at 3.4K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, trailer and semi-trailer imports skyrocketed to $17M in 2022. In general, imports, however, enjoyed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Trailer and Semi-Trailer in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.3 | 4.0 | 5.4 | 7.5 | 0.9% |
| Mexico | 0.4 | 1.2 | 1.8 | 3.5 | 106.1% |
| China | 0.2 | 0.1 | 0.2 | 2.0 | 115.4% |
| Canada | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Colombia | N/A | N/A | N/A | 0.2 | 0% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Others | 2.2 | 3.1 | 3.6 | 3.1 | 12.1% |
| Total | 10.2 | 8.6 | 11.4 | 16.6 | 17.6% |
Top Suppliers of Trailer and Semi-Trailer to the Dominican Republic in 2022:
- United States (2034.0 units)
- Mexico (404.0 units)
- China (141.0 units)
- Colombia (72.0 units)
- Belgium (55.0 units)
- Canada (53.0 units)
Trailer and Semi-Trailer Exports in the Dominican Republic
In 2022, approx. 63 units of cargo trailers and semi-trailers were exported from the Dominican Republic; which is down by -30.8% compared with 2021. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 2,175%. As a result, the exports attained the peak of 91 units, and then reduced dramatically in the following year.
In value terms, trailer and semi-trailer exports shrank dramatically to $98K in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 3,152% against the previous year. As a result, the exports attained the peak of $255K, and then fell dramatically in the following year.
| Export of Trailer and Semi-Trailer in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | N/A | N/A | N/A | 64.0 | 0% |
| Haiti | 0.4 | 0.8 | 170 | 17.3 | 251.0% |
| United States | 6.3 | 3.0 | 74.6 | 10.9 | 20.0% |
| Aruba | N/A | N/A | N/A | 6.0 | 0% |
| Turks and Caicos Islands | 14.2 | N/A | N/A | N/A | 0% |
| Guatemala | 0.4 | 4.1 | 10.1 | N/A | 402.5% |
| Others | 2.3 | N/A | N/A | N/A | 0% |
| Total | 23.6 | 7.8 | 255 | 98.2 | 60.8% |
Top Export Markets for Trailer and Semi-Trailer from the Dominican Republic in 2022:
- Colombia (48.0 units)
- Haiti (8.0 units)
- United States (6.0 units)
- Aruba (1.0 units)
This report provides an in-depth analysis of the trailer and semi-trailer 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 29202300 - Other trailers and semi-trailers for the transport of goods
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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