Report Update Nov 1, 2024

Dominican Republic - Tyres for Aircraft - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Aircraft Tyre Market 2024

Aircraft Tyre Market Size in the Dominican Republic

In 2021, the Dominican aircraft tyre market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption enjoyed a measured increase. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Aircraft Tyre Exports

Exports from the Dominican Republic

In 2021, overseas shipments of tyres for aircraft decreased by -44.9% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports, however, enjoyed noticeable growth. The pace of growth was the most pronounced in 2015 when exports increased by 400% against the previous year. Over the period under review, the exports hit record highs at X units in 2020, and then declined rapidly in the following year.

In value terms, aircraft tyre exports shrank dramatically to $X in 2021. In general, exports saw a perceptible reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 358% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then shrank significantly in the following year.

Exports by Country

The United States (X units) was the main destination for aircraft tyre exports from the Dominican Republic, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +4.5%.

In value terms, the United States ($X) also remains the key foreign market for tyres for aircraft exports from the Dominican Republic.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to -4.2%.

Export Prices by Country

In 2021, the average aircraft tyre export price amounted to $X per unit, declining by -45.2% against the previous year. Overall, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by 25%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, 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 2021, the rate of growth in terms of prices for France amounted to +3.3% per year.

Aircraft Tyre Imports

Imports into the Dominican Republic

In 2021, overseas purchases of tyres for aircraft were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports saw mild growth. The pace of growth appeared the most rapid in 2013 with an increase of 84% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, aircraft tyre imports skyrocketed to $X in 2021. Overall, imports saw perceptible growth. The growth pace was the most rapid in 2013 when imports increased by 82%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X units) constituted the largest supplier of aircraft tyre to the Dominican Republic, accounting for a 78% share of total imports. Moreover, aircraft tyre imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X units), ninefold. Brazil (X units) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+30.5% per year) and Brazil (-3.3% per year).

In value terms, the United States ($X) constituted the largest supplier of tyres for aircraft to the Dominican Republic, comprising 69% of total imports. The second position in the ranking was taken by Panama ($X), with a 15% share of total imports. It was followed by Brazil, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (+13.2% per year) and Brazil (+5.1% per year).

Import Prices by Country

The average aircraft tyre import price stood at $X per unit in 2021, dropping by -13.4% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 10% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2020, and then declined in the following year.

Prices varied noticeably country of origin: the country with the highest price was Panama ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tyres for aircraft in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 43% of global consumption. Italy, Brazil, Japan, the UK, Russia, Canada, Vietnam, the United Arab Emirates, the Philippines and Saudi Arabia lagged somewhat behind, together comprising a further 30%.

What are the largest producers of tyres for aircraft in the world?

The countries with the highest volumes of in 2021 were Thailand, China and Japan, with a combined 48% share of global production. India, the UK, Brazil, France, Italy, Russia, the Philippines, Vietnam, Belgium and Saudi Arabia lagged somewhat behind, together comprising a further 35%.

What are the leading suppliers of tyres for aircraft to the Dominican Republic?

In value terms, the United States constituted the largest supplier of aircraft tyre to the Dominican Republic.

What are the leading importers of tyres for aircraft from the Dominican Republic?

In value terms, the United States remains the key foreign market for aircraft tyre exports from the Dominican Republic.

What is the average export price for tyres for aircraft in the Dominican Republic?

The average aircraft tyre export price stood at $545 per unit in 2021, falling by -31.6% against the previous year.

What is the average import price for tyres for aircraft in the Dominican Republic?

In 2021, the average aircraft tyre import price amounted to $2,338 per unit, growing by 27% against the previous year.

This report provides an in-depth analysis of the aircraft tyre 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 22111370 - New pneumatic rubber tyres for aircraft

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023