Price for Baby Carriages and Parts Thereof in the Dominican Republic - 2023
Contents:
- Price for Baby Carriages and Parts Thereof in the Dominican Republic (CIF) - 2023
- Price for Baby Carriages and Parts Thereof in the Dominican Republic (FOB) - 2022
- Imports of Baby Carriages and Parts Thereof in the Dominican Republic
- Exports of Baby Carriages and Parts Thereof in the Dominican Republic
Price for Baby Carriages and Parts Thereof in the Dominican Republic (CIF) - 2023
The average import price for baby carriages and parts thereoves stood at $2.6 per unit in March 2023, surging by 44% against the previous month. Over the period under review, the import price, however, showed a abrupt slump. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 1,079% m-o-m. As a result, import price attained the peak level of $32.9 per unit. From January 2023 to March 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($5.8 per unit), while the price for the United States ($761 per thousand units) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Spain (-1.8%), while the prices for the other major suppliers experienced a decline.
Price for Baby Carriages and Parts Thereof in the Dominican Republic (FOB) - 2022
In 2022, the average export price for baby carriages and parts thereoves amounted to $29 per unit, rising by 259% against the previous year. Over the period under review, the export price, however, saw a deep slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by 487% against the previous year. Over the period under review, the average export prices reached the maximum at $112 per unit in 2012; however, from 2013 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 the United States ($46 per unit), while the average price for exports to Guatemala ($1.7 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 Guatemala (+58.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Baby Carriages and Parts Thereof in the Dominican Republic
In 2022, purchases abroad of baby carriages and parts thereoves decreased by -7.4% to 452K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40%. As a result, imports attained the peak of 488K units, and then declined in the following year.
In value terms, baby carriages and parts thereof imports skyrocketed to $3.8M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Baby Carriages and Parts Thereof in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,691 | 1,660 | 1,951 | 3,105 | 22.5% |
| United States | 603 | 481 | 678 | 597 | -0.3% |
| Spain | 22.2 | 30.1 | 36.3 | 60.3 | 39.5% |
| Others | 34.1 | 28.7 | 57.2 | 72.8 | 28.8% |
| Total | 2,350 | 2,200 | 2,723 | 3,835 | 17.7% |
Top Suppliers of Baby Carriages and Parts Thereof to the Dominican Republic in 2022:
- China (346.1K units)
- United States (92.2K units)
- Spain (9.5K units)
Exports of Baby Carriages and Parts Thereof in the Dominican Republic
For the fourth year in a row, the Dominican Republic recorded growth in overseas shipments of baby carriages and parts thereoves, which increased by 58% to 953 units in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 199%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, baby carriages and parts thereof exports skyrocketed to $27K in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Baby Carriages and Parts Thereof in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | N/A | 0.1 | 1.1 | 21.4 | 1362.9% |
| Cuba | 1.2 | 2.1 | 0.3 | 2.6 | 29.4% |
| United States | 3.5 | 0.1 | 1.9 | 1.3 | -28.1% |
| Venezuela | N/A | 0.1 | N/A | 0.7 | 164.6% |
| Ecuador | N/A | N/A | N/A | 0.1 | 0% |
| Guatemala | N/A | 0.1 | N/A | N/A | 0% |
| Mexico | N/A | 0.1 | 0.4 | N/A | 300.0% |
| Honduras | N/A | N/A | 0.1 | N/A | 0% |
| Brazil | N/A | 0.1 | 0.3 | N/A | 200.0% |
| Others | 7.5 | 0.8 | 0.8 | 1.2 | -45.7% |
| Total | 12.3 | 3.4 | 4.8 | 27.3 | 30.4% |
Top Export Markets for Baby Carriages and Parts Thereof from the Dominican Republic in 2022:
- Haiti (702.0 units)
- Cuba (86.0 units)
- Venezuela (32.0 units)
- United States (29.0 units)
- Guatemala (23.0 units)
- Ecuador (17.0 units)
- Brazil (12.0 units)
- Mexico (9.0 units)
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This report provides an in-depth analysis of the baby carriage market in the Dominican Republic.
448
This report provides an in-depth analysis of the global baby carriage market.
182
This report provides an in-depth analysis of the baby carriage market in the Dominican Republic.
448
This report provides an in-depth analysis of the global baby carriage market.
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