Report Update Nov 1, 2024

Dominican Republic - Wheelchairs - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Wheelchair Market 2024

Wheelchair Market Size in the Dominican Republic

For the sixth year in a row, the Dominican wheelchair market recorded growth in sales value, which increased by 28% to $X in 2021. Overall, consumption posted a significant expansion. Wheelchair consumption peaked in 2021 and is likely to see gradual growth in the near future.

Wheelchair Exports

Exports from the Dominican Republic

In 2021, shipments abroad of wheelchairs decreased by 0% to X units, falling for the fifth consecutive year after three years of growth. In general, exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2015 when exports increased by 76% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, wheelchair exports fell markedly to $X in 2021. Overall, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2015 when exports increased by 83%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Kuwait (X units) was the main destination for wheelchair exports from the Dominican Republic, accounting for a 80% share of total exports. Moreover, wheelchair exports to Kuwait exceeded the volume sent to the second major destination, Haiti (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Kuwait was relatively modest.

In value terms, Kuwait ($X), Haiti ($X) and the United States ($X) appeared to be the largest markets for wheelchair exported from the Dominican Republic worldwide, with a combined 85% share of total exports.

Kuwait, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average wheelchair export price amounted to $X per unit, waning by -77.9% against the previous year. Overall, the export price saw a deep setback. The most prominent rate of growth was recorded in 2020 an increase of 69%. As a result, the export price reached the peak level of $X per unit, and then contracted notably in the following year.

There were significant differences in the average prices for the major external 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 Kuwait stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.5%).

Wheelchair Imports

Imports into the Dominican Republic

In 2021, approx. X units of wheelchairs were imported into the Dominican Republic; picking up by 6.1% compared with 2020 figures. Overall, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2013 when imports increased by 115% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, wheelchair imports skyrocketed to $X in 2021. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 116% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The United States (X units), China (X units) and Spain (X units) were the main suppliers of wheelchair imports to the Dominican Republic, together accounting for 91% of total imports. These countries were followed by Canada, Italy, Guatemala and Vietnam, which together accounted for a further 6.1%.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +98.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Spain ($X) were the largest wheelchair suppliers to the Dominican Republic, together comprising 97% of total imports. These countries were followed by Canada, Guatemala, Italy and Vietnam, which together accounted for a further 1.8%.

Canada, with a CAGR of +100.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 wheelchair import price amounted to $X per unit, surging by 63% against the previous year. Over the period under review, the import price posted resilient growth. The most prominent rate of growth was recorded in 2019 an increase of 109%. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+28.8%), 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 wheelchairs in the world?

The country with the largest volume of wheelchair consumption was India, accounting for 51% of total volume. Moreover, wheelchair consumption in India exceeded the figures recorded by the second-largest consumer, the United States, eightfold. China ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of wheelchairs in the world?

The countries with the highest volumes of in 2021 were India, China and Japan, with a combined 90% share of global production.

What are the leading suppliers of wheelchairs to the Dominican Republic?

In value terms, China constituted the largest supplier of wheelchair to the Dominican Republic, comprising 52% of total imports. The second position in the ranking was occupied by Spain, with a 15% share of total imports. It was followed by the United States, with a 14% share.

What are the leading importers of wheelchairs from the Dominican Republic?

In value terms, the United States $382) remains the key foreign market for wheelchair exports from the Dominican Republic, comprising 72% of total exports. The second position in the ranking was occupied by Cuba $148), with a 28% share of total exports.

What is the average export price for wheelchairs in the Dominican Republic?

The average wheelchair export price stood at $88 per unit in 2021, declining by -82.9% against the previous year.

What is the average import price for wheelchairs in the Dominican Republic?

The average wheelchair import price stood at $60 per unit in 2021, reducing by -26.9% against the previous year.

This report provides an in-depth analysis of the wheelchair 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 30922030 - Invalid carriages not mechanically propelled
Prodcom 30922090 - Invalid carriages motorised or mechanically propelled

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