Report Update Jan 1, 2025

Dominican Republic - Road Tractors for Semi-Trailers - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Market for Road Tractors For Semi-Trailers 2025

Market Size for Road Tractors For Semi-Trailers in the Dominican Republic

The Dominican road tractor for semi-trailer market skyrocketed to $X in 2021, rising by 91% 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). In general, consumption saw a remarkable increase. Road tractor for semi-trailer consumption peaked in 2021 and is likely to see gradual growth in years to come.

Exports of Road Tractors For Semi-Trailers

Exports from the Dominican Republic

In 2021, approx. X units of road tractors for semi-trailers were exported from the Dominican Republic; growing by 2,000% on the previous year's figure. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, road tractor for semi-trailer exports surged to $X in 2021. Overall, exports enjoyed buoyant growth. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units) and Haiti (X units) were the main destinations of road tractor for semi-trailer exports from the Dominican Republic.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +58.7%).

In value terms, the largest markets for road tractor for semi-trailer exported from the Dominican Republic were Haiti ($X) and the United States ($X).

Among the main countries of destination, the United States, with a CAGR of +62.1%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average road tractor for semi-trailer export price amounted to $X per unit, which is down by -52% against the previous year. Over the period under review, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2014 an increase of 69% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Haiti ($X per unit), while the average price for exports to the United States stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turks and Caicos Islands (+85.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Road Tractors For Semi-Trailers

Imports into the Dominican Republic

In 2021, approx. X units of road tractors for semi-trailers were imported into the Dominican Republic; growing by 99% against the year before. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2015 when imports increased by 341% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the near future.

In value terms, road tractor for semi-trailer imports skyrocketed to $X in 2021. Over the period under review, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 315%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X units), Mexico (X units) and Brazil (X units) were the main suppliers of road tractor for semi-trailer imports to the Dominican Republic, with a combined 67% share of total imports. China, Canada, Japan and Germany lagged somewhat behind, together comprising a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +66.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest road tractor for semi-trailer suppliers to the Dominican Republic were the United States ($X), Brazil ($X) and Mexico ($X), together comprising 84% of total imports. China, Germany, Canada and Japan lagged somewhat behind, together comprising a further 14%.

In terms of the main suppliers, Japan, with a CAGR of +82.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average road tractor for semi-trailer import price amounted to $X per unit, which is down by -5% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The growth pace was the most rapid in 2016 an increase of 16% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for road tractors for semi-trailers in the world?

The countries with the highest volumes of road tractor for semi-trailer consumption in 2021 were China, the United States and Brazil, together comprising 39% of global consumption. India, Japan, Russia, Canada, Mexico, the UK, Pakistan, South Korea, Spain and Italy lagged somewhat behind, together comprising a further 34%.

What are the largest producers of road tractors for semi-trailers in the world?

The countries with the highest volumes of road tractor for semi-trailer production in 2021 were China, Mexico and the Netherlands, with a combined 41% share of global production. Brazil, the United States, India, Germany, Japan, France, Belgium, Spain, Russia and Sweden lagged somewhat behind, together accounting for a further 46%.

What are the leading suppliers of road tractors for semi-trailers to the Dominican Republic?

In value terms, the United States constituted the largest supplier of road tractor for semi-trailer to the Dominican Republic, comprising 48% of total imports. The second position in the ranking was occupied by Brazil, with a 22% share of total imports. It was followed by Mexico, with a 15% share.

What is the average export price for road tractors for semi-trailers in the Dominican Republic?

The average road tractor for semi-trailer export price stood at $12,589 per unit in 2021, with a decrease of -3% against the previous year.

What is the average import price for road tractors for semi-trailers in the Dominican Republic?

In 2021, the average road tractor for semi-trailer import price amounted to $30,661 per unit, dropping by -26.1% against the previous year.

This report provides an in-depth analysis of the market for road tractor for semi-trailer 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 29104300 - Road tractors for semi-trailers

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. 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
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
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