Dominican Republic - Bicycles And Other Cycles (Not Motorized) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBicycle Price in the Dominican Republic - 2023
Contents:
- Bicycle Price in the Dominican Republic (CIF) - 2023
- Bicycle Price in the Dominican Republic (FOB) - 2022
- Bicycle Imports in the Dominican Republic
- Bicycle Exports in the Dominican Republic
Bicycle Price in the Dominican Republic (CIF) - 2023
The average bicycle import price stood at $214 per unit in March 2023, falling by -14.5% against the previous month. Overall, the import price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 233% month-to-month. As a result, import price attained the peak level of $250 per unit, and then declined in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($772 per unit), while the price for the United States ($130 per unit) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+20.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Bicycle Price in the Dominican Republic (FOB) - 2022
In 2022, the average bicycle export price amounted to $157 per unit, remaining stable against the previous year. Over the period under review, the export price, however, recorded a noticeable downturn. The growth pace was the most rapid in 2015 an increase of 67% against the previous year. The export price peaked at $289 per unit in 2019; however, from 2020 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 the United States ($289 per unit), while the average price for exports to South Korea ($20 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 France (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Imports in the Dominican Republic
In 2022, approx. 163K units of bicycles and other cycles were imported into the Dominican Republic; falling by -16.7% compared with the year before. Over the period under review, imports recorded a perceptible slump. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. As a result, imports reached the peak of 195K units, and then reduced notably in the following year.
In value terms, bicycle imports dropped markedly to $10M in 2022. In general, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 93%. As a result, imports attained the peak of $13M, and then declined rapidly in the following year.
Import of Bicycle in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.0 | 4.8 | 10.2 | 7.5 | 14.5% |
United States | 1.1 | 1.3 | 1.7 | 1.4 | 8.4% |
Others | 0.5 | 0.9 | 1.5 | 1.3 | 37.5% |
Total | 6.7 | 6.9 | 13.4 | 10.2 | 15.0% |
Top Suppliers of Bicycle to the Dominican Republic in 2022:
- China (141.4K units)
- United States (11.4K units)
Bicycle Exports in the Dominican Republic
Bicycle exports from the Dominican Republic reduced rapidly to 279 units in 2022, falling by -73.6% against the previous year's figure. Over the period under review, exports continue to indicate a sharp reduction. The growth pace was the most rapid in 2021 when exports increased by 121% against the previous year. As a result, the exports attained the peak of 1.1K units, and then contracted sharply in the following year.
In value terms, bicycle exports reduced rapidly to $44K in 2022. In general, exports recorded a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 79%. Over the period under review, the exports attained the maximum at $244K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Bicycle in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.9 | 5.8 | 23.9 | 34.6 | 107.0% |
Cuba | 214 | 80.8 | 27.2 | 2.6 | -77.0% |
Italy | N/A | N/A | N/A | 2.2 | 0% |
Haiti | 3.3 | 3.4 | 91.5 | 0.9 | -35.2% |
France | 1.4 | 0.2 | 1.2 | 0.5 | -29.1% |
United Arab Emirates | N/A | N/A | N/A | 0.2 | 0% |
Panama | 17.9 | N/A | 0.1 | 0.1 | -82.3% |
Mexico | 0.1 | 0.2 | 0.3 | 0.1 | 0.0% |
South Korea | N/A | 0.5 | 20.0 | 0.1 | -55.3% |
Others | 3.6 | 1.4 | 0.8 | 2.5 | -11.4% |
Total | 244 | 92.3 | 165 | 43.7 | -43.6% |
Top Export Markets for Bicycle from the Dominican Republic in 2022:
- United States (120.0 units)
- Italy (90.0 units)
- Cuba (10.0 units)
- United Arab Emirates (7.0 units)
- Mexico (7.0 units)
- France (7.0 units)
- Haiti (5.0 units)
- South Korea (3.0 units)
- Panama (1.0 units)
This report provides an in-depth analysis of the bicycle 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 30921000 - Bicycles and other cycles (including delivery tricycles), nonmotorised
- Prodcom 30921030 -
- Prodcom 30921050 -
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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the bicycle market in the Dominican Republic.
This report provides an in-depth analysis of the global bicycle market.
This report provides an in-depth analysis of the bicycle market in the Dominican Republic.
This report provides an in-depth analysis of the global bicycle market.
Explore the top import markets for bicycles and their key statistics. Discover the booming bicycle industry and the countries driving its growth. Find out the latest import values and trends in the global bicycle market.
In 2019, the global bicycle market increased by 0.4% to $18.8B, rising for the fourth consecutive year after four...
In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>
In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>
The global trade in bicycles amounted to X million USD in 2015, fluctuating mildly over the period under review. A significant drop in 2009 was followed by robust growth over next three years, until it levelled off thro
Canyon Bicycles, a well-known German bicycle producer, has announced the opening of an office in Melbourne, Australia, as well as the launching of direct sales in New Zealand. The new office will act as a representative of Canyon Bicycles, participatin
Explore the top import markets for bicycles and their key statistics. Discover the booming bicycle industry and the countries driving its growth. Find out the latest import values and trends in the global bicycle market.
In 2019, the global bicycle market increased by 0.4% to $18.8B, rising for the fourth consecutive year after four...
In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>
In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>