Price for Tanker Trailers and Tanker Semi-Trailers in the Dominican Republic - 2023

Contents:

1. Price for Tanker Trailers and Tanker Semi-Trailers in the Dominican Republic (CIF) - 2022
2. Price for Tanker Trailers and Tanker Semi-Trailers in the Dominican Republic (FOB) - 2022
3. Imports of Tanker Trailers and Tanker Semi-Trailers in the Dominican Republic
4. Exports of Tanker Trailers and Tanker Semi-Trailers in the Dominican Republic

Price for Tanker Trailers and Tanker Semi-Trailers in the Dominican Republic (CIF) - 2022

The average import price for tanker trailers and tanker semi-trailerses stood at $85,530 per unit in 2022, shrinking by -24.5% against the previous year. Over the period under review, the import price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 66% against the previous year. Over the period under review, average import prices reached the maximum at $115,207 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Mexico ($510,899 per unit), while the price for Spain ($14,249 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+39.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tanker Trailers and Tanker Semi-Trailers in the Dominican Republic (FOB) - 2022

The average export price for tanker trailers and tanker semi-trailerses stood at $2,744 per unit in 2022, shrinking by -1.8% against the previous year. Overall, the export price, however, showed strong growth. The growth pace was the most rapid in 2013 when the average export price increased by 3,438%. Over the period under review, the average export prices hit record highs at $46,500 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 the United States amounted to +55.1% per year.

Imports of Tanker Trailers and Tanker Semi-Trailers in the Dominican Republic

Tanker trailers and tanker semi-trailers imports into the Dominican Republic soared to 73 units in 2022, rising by 143% compared with 2021 figures. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tanker trailers and tanker semi-trailers imports soared to $6.2M in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Tanker Trailers and Tanker Semi-Trailers to the Dominican Republic in 2022:

1. China (54.0 units)
2. United States (10.0 units)
3. Mexico (4.0 units)
4. Brazil (2.0 units)
5. Turkey (1.0 units)
6. Spain (1.0 units)

Exports of Tanker Trailers and Tanker Semi-Trailers in the Dominican Republic

Tanker trailers and tanker semi-trailers exports from the Dominican Republic stood at 1 units in 2022, therefore, remained relatively stable against the year before. In general, exports saw a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, tanker trailers and tanker semi-trailers exports declined slightly to $2.7K in 2022. The total export value increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 3.8%. As a result, the exports attained the peak of $2.8K, and then contracted in the following year.

Top Export Markets for Tanker Trailers and Tanker Semi-Trailers from the Dominican Republic in 2022:

1. United States (1.0 units)

Source: IndexBox Market Intelligence Platform