Molybdenum; Wire Price in the Dominican Republic - 2023
Contents:
- Molybdenum; Wire Price in the Dominican Republic (CIF) - 2022
- Molybdenum; Wire Imports in the Dominican Republic
Molybdenum; Wire Price in the Dominican Republic (CIF) - 2022
In 2022, the average molybdenum; wire import price amounted to $26,000 per ton, declining by -49% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2017 an increase of 61%. As a result, import price attained the peak level of $140,000 per ton. From 2018 to 2022, the average 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 -11.2% per year.
Molybdenum; Wire Imports in the Dominican Republic
In 2022, the amount of molybdenum; wires imported into the Dominican Republic skyrocketed to 23 kg, jumping by 53% compared with 2021 figures. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 500% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, molybdenum; wire imports declined notably to $598 in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 332%.
| Import of Molybdenum; Wire in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 100 | 432 | 765 | 598 | 81.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 100 | 432 | 765 | 598 | 81.5% |
Top Suppliers of Molybdenum; Wire to the Dominican Republic in 2022:
- United States (23.0 kg)
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