Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Dominican Republic - 2022
Contents:
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Dominican Republic (CIF) - 2022
- Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Dominican Republic
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Dominican Republic (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s amounted to $2,465 per ton, surging by 134% against the previous year. Overall, the import price saw a buoyant increase. Over the period under review, average import prices hit record highs at $2,904 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, 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 +10.0% per year.
Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Dominican Republic
After two years of decline, overseas purchases of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s decreased by -55.4% to 45 tons in 2022. In general, imports saw a sharp descent.
In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s expanded to $112K in 2022. Overall, imports showed a precipitous shrinkage.
| Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.0 | N/A | 0.2 | 112 | 382.0% |
| Russia | 37.1 | N/A | 8.5 | N/A | -52.1% |
| Trinidad and Tobago | 120 | N/A | 46.8 | N/A | -37.6% |
| Mexico | 26.0 | N/A | 7.2 | N/A | -47.4% |
| Brazil | 89.4 | N/A | 35.6 | N/A | -36.9% |
| Canada | 24.5 | N/A | 6.6 | N/A | -48.1% |
| Others | 11.1 | N/A | 2.2 | N/A | -55.5% |
| Total | 309 | N/A | 107 | 112 | -28.7% |
Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to the Dominican Republic in 2022:
- United States (45.3 tons)
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