Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the Dominican Republic - 2023
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the Dominican Republic (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the Dominican Republic (FOB) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the Dominican Republic
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the Dominican Republic
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the Dominican Republic (CIF) - 2022
The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $248,240 per unit in 2022, with an increase of 38% against the previous year. In general, the import price showed significant growth. The pace of growth appeared the most rapid in 2018 an increase of 540%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($434,891 per unit), while the price for Germany ($11,967 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+51.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the Dominican Republic (FOB) - 2022
In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $6,380 per unit, falling by -5.8% against the previous year. In general, the export price showed a mild curtailment. The pace of growth appeared the most rapid in 2019 an increase of 43%. As a result, the export price attained the peak level of $10,383 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +15.2% per year.
Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the Dominican Republic
In 2022, approx. 194 units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs were imported into the Dominican Republic; rising by 8.4% against the year before. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 14%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs soared to $48M in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 72%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 11.8 | 9.6 | 11.2 | 20.6 | 20.4% |
Mexico | 4.1 | 4.0 | 6.7 | 10.0 | 34.6% |
United States | 2.9 | 2.6 | 4.5 | 5.1 | 20.7% |
South Korea | 2.4 | 1.5 | 3.4 | 4.8 | 26.0% |
China | 0.7 | 0.5 | 1.8 | 4.1 | 80.3% |
India | 0.6 | 0.3 | 1.6 | 1.5 | 35.7% |
Indonesia | 0.1 | N/A | 0.2 | 0.2 | 26.0% |
Germany | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
Others | N/A | N/A | 2.7 | 1.8 | -33.3% |
Total | 22.7 | 18.7 | 32.3 | 48.2 | 28.5% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to the Dominican Republic in 2022:
- Japan (71.0 units)
- China (27.0 units)
- Mexico (23.0 units)
- South Korea (22.0 units)
- United States (20.0 units)
- India (12.0 units)
- Germany (6.0 units)
- Indonesia (4.0 units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the Dominican Republic
Exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs from the Dominican Republic reduced notably to 5 units in 2022, falling by -50% against 2021. Overall, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 900%. As a result, the exports reached the peak of 10 units, and then dropped notably in the following year.
In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs reduced dramatically to $32K in 2022. Over the period under review, exports showed a significant contraction. The growth pace was the most rapid in 2021 with an increase of 833% against the previous year. As a result, the exports attained the peak of $68K, and then shrank rapidly in the following year.
Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 35.0 | 7.3 | 13.7 | 31.9 | -3.0% |
Venezuela | N/A | N/A | 28.4 | N/A | 0% |
Belgium | N/A | N/A | 1.6 | N/A | 0% |
Guatemala | 25.0 | N/A | N/A | N/A | 0% |
Cuba | N/A | N/A | 24.0 | N/A | 0% |
Saudi Arabia | 2.3 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 62.3 | 7.3 | 67.7 | 31.9 | -20.0% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from the Dominican Republic in 2022:
- United States (5.0 units)
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Explore the top import markets for passenger cars, their key statistics, and the significant players in these markets. Find out the import values of countries like the United States, Germany, China, and more. Gain insights into the global automotive industry with IndexBox market intelligence.