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Report Dominican Republic - Motor Vehicles for Travelling on Snow or Golf Cars - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Dominican Republic - Motor Vehicles for Travelling on Snow or Golf Cars - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Snow Motor Vehicle Market 2025

Snow Motor Vehicle Market Size in the Dominican Republic

The Dominican snow motor vehicle market surged to $X in 2022, rising by 128% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Snow Motor Vehicle Exports

Exports from the Dominican Republic

In 2022, overseas shipments of motor vehicles for travelling on snow or golf cars increased by 1,400% to X units, rising for the fourth year in a row after three years of decline. Over the period under review, exports enjoyed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, snow motor vehicle exports surged to $X in 2022. Overall, exports posted buoyant growth. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for snow motor vehicle exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +40.5%.

In value terms, the United States ($X) also remains the key foreign market for motor vehicles for travelling on snow or golf cars exports from the Dominican Republic.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +42.3%.

Export Prices by Country

The average snow motor vehicle export price stood at $X per unit in 2022, growing by 156% against the previous year. Overall, the export price, however, recorded a noticeable decline. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 +1.3% per year.

Snow Motor Vehicle Imports

Imports into the Dominican Republic

In 2022, purchases abroad of motor vehicles for travelling on snow or golf cars increased by 104% to X units, rising for the second year in a row after two years of decline. In general, imports showed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, snow motor vehicle imports skyrocketed to $X in 2022. Overall, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X units) constituted the largest snow motor vehicle supplier to the Dominican Republic, accounting for a 86% share of total imports. Moreover, snow motor vehicle imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), sixfold.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +14.2%.

In value terms, the United States ($X) constituted the largest supplier of motor vehicles for travelling on snow or golf cars to the Dominican Republic, comprising 67% of total imports. The second position in the ranking was taken by China ($X), with a 33% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +14.8%.

Import Prices by Country

In 2022, the average snow motor vehicle import price amounted to $X per unit, jumping by 16% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($X per unit), while the price for the United States totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest snow motor vehicle consuming country worldwide, accounting for 63% of total volume. Moreover, snow motor vehicle consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sixfold. The UK ranked third in terms of total consumption with a 5.6% share.
The country with the largest volume of snow motor vehicle production was China, accounting for 87% of total volume. Moreover, snow motor vehicle production in China exceeded the figures recorded by the second-largest producer, Mexico, more than tenfold. The third position in this ranking was occupied by the UK, with a 2.3% share.
In value terms, the United States, Mexico and China constituted the largest snow motor vehicle suppliers to the Dominican Republic, together comprising 86% of total imports. These countries were followed by Spain, Canada, Japan and Chile, which together accounted for a further 14%.
In value terms, the United States remains the key foreign market for snow motor vehicle exports from the Dominican Republic.
The average snow motor vehicle export price stood at $10,331 per unit in 2021, with an increase of 5.8% against the previous year.
In 2021, the average snow motor vehicle import price amounted to $4,260 per unit, dropping by -7% against the previous year.

This report provides an in-depth analysis of the snow motor vehicle 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 29105200 - Motor vehicles specially designed for travelling on snow, golf cars and similar vehicles

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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