Dominican Republic - Base Metal Keys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Keys Price in the Dominican Republic - 2023
Contents:
- Base Metal Keys Price in the Dominican Republic (CIF) - 2022
- Base Metal Keys Price in the Dominican Republic (FOB) - 2022
- Base Metal Keys Imports in the Dominican Republic
- Base Metal Keys Exports in the Dominican Republic
Base Metal Keys Price in the Dominican Republic (CIF) - 2022
The average base metal keys import price stood at $11,073 per ton in 2022, with an increase of 37% against the previous year. Over the period under review, the import price, however, saw a abrupt curtailment. Over the period under review, average import prices hit record highs at $24,738 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Peru ($20,400 per ton), while the price for China ($4,682 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+1.8%), while the prices for the other major suppliers experienced a decline.
Base Metal Keys Price in the Dominican Republic (FOB) - 2022
The average base metal keys export price stood at $20,512 per ton in 2022, with an increase of 85% against the previous year. In general, the export price posted buoyant growth. The pace of growth was the most pronounced in 2020 an increase of 335% against the previous year. As a result, the export price reached the peak level of $61,441 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($53,900 per ton), while the average price for exports to Haiti ($6,556 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (-4.0%).
Base Metal Keys Imports in the Dominican Republic
After three years of growth, overseas purchases of base metal keys decreased by -12.2% to 66 tons in 2022. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports attained the peak of 76 tons, and then contracted in the following year.
In value terms, base metal keys imports surged to $736K in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Base Metal Keys in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 187 | 166 | 176 | 237 | 8.2% |
China | 77.3 | 82.3 | 179 | 179 | 32.3% |
Peru | 131 | 120 | 128 | 124 | -1.8% |
United States | 145 | 153 | 63.6 | 84.9 | -16.3% |
Others | 96.1 | 46.6 | 67.5 | 111 | 4.9% |
Total | 637 | 568 | 614 | 736 | 4.9% |
Top Suppliers of Base Metal Keys to the Dominican Republic in 2022:
- China (38.2 tons)
- Mexico (14.5 tons)
- Peru (6.1 tons)
- United States (4.4 tons)
Base Metal Keys Exports in the Dominican Republic
In 2022, approx. 43 kg of base metal keys were exported from the Dominican Republic; picking up by 153% on the year before. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 3,075%. As a result, the exports attained the peak of 254 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, base metal keys exports surged to $882 in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 13,711%. As a result, the exports reached the peak of $16K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Base Metal Keys in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | 15.6 | 0.2 | 0.5 | -82.1% |
Haiti | N/A | N/A | N/A | 0.2 | 0% |
Mexico | N/A | N/A | N/A | 0.1 | 0% |
Spain | N/A | N/A | N/A | N/A | 0% |
Turks and Caicos Islands | N/A | N/A | N/A | N/A | 0% |
Switzerland | N/A | N/A | N/A | N/A | 0% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 0.1 | 15.6 | 0.2 | 0.9 | 108.0% |
Top Export Markets for Base Metal Keys from the Dominican Republic in 2022:
- Haiti (27.0 kg)
- United States (10.0 kg)
- Mexico (3.0 kg)
- Turks and Caicos Islands (2.0 kg)
- Switzerland (1.0 kg)
This report provides an in-depth analysis of the base metal keys 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 25721350 - Base metal keys presented separately (including roughly cast, forged or stamped blanks, skeleton keys)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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