Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in the Dominican Republic - 2022

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in the Dominican Republic (CIF) - 2022
2. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in the Dominican Republic (FOB) - 2022
3. Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in the Dominican Republic
4. Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in the Dominican Republic

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in the Dominican Republic (CIF) - 2022

In 2022, the average import price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $1,370 per ton, with an increase of 25% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 78% against the previous year. Over the period under review, average import prices reached the maximum at $2,548 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 South Korea ($4,772 per ton), while the price for India ($621 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in the Dominican Republic (FOB) - 2022

In 2022, the average export price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $1,799 per ton, surging by 34% against the previous year. Over the period under review, the export price, however, continues to indicate a slight decline. The pace of growth appeared the most rapid in 2015 an increase of 162%. The export price peaked at $2,460 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($3,174 per ton), while the average price for exports to the United States amounted to $1,766 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+14.7%), while the prices for the other major destinations experienced a decline.

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in the Dominican Republic

After three years of growth, purchases abroad of alloy steel flat-rolled products, of a width of less than 600mms decreased by -61.1% to 300 tons in 2022. Overall, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 101% against the previous year.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms declined notably to $411K in 2022. Over the period under review, imports, however, saw a noticeable expansion. The pace of growth was the most pronounced in 2020 with an increase of 68% against the previous year.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to the Dominican Republic in 2022:

1. China (150.0 tons)
2. Hong Kong SAR (60.9 tons)
3. Japan (25.3 tons)
4. India (18.9 tons)
5. Taiwan (Chinese) (11.5 tons)
6. United States (9.2 tons)
7. Italy (8.7 tons)
8. South Korea (5.5 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in the Dominican Republic

In 2022, overseas shipments of alloy steel flat-rolled products, of a width of less than 600mms decreased by -46.6% to 2 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 6.8% against the previous year. As a result, the exports reached the peak of 3.8 tons, and then contracted significantly in the following year.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms dropped notably to $3.6K in 2022. Over the period under review, exports faced a sharp downturn. The smallest decline of -15.5% was in 2021.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from the Dominican Republic in 2022:

1. United States (2.0 tons)

Source: IndexBox Market Intelligence Platform