Price for Aluminium; Alloys, Hollow Profiles in the Dominican Republic - 2023
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in the Dominican Republic (FOB) - 2023
- Price for Aluminium; Alloys, Hollow Profiles in the Dominican Republic (CIF) - 2023
- Exports of Aluminium; Alloys, Hollow Profiles in the Dominican Republic
- Imports of Aluminium; Alloys, Hollow Profiles in the Dominican Republic
Price for Aluminium; Alloys, Hollow Profiles in the Dominican Republic (FOB) - 2023
The average aluminium; alloys, hollow profiles export price stood at $4,847 per ton in March 2023, picking up by 2.5% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 when the average export price increased by 8.5% against the previous month. As a result, the export price attained the peak level of $5,480 per ton. From June 2022 to March 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In March 2023, the country with the highest price was Antigua and Barbuda ($5,285 per ton), while the average price for exports to the United States ($4,826 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Aluminium; Alloys, Hollow Profiles in the Dominican Republic (CIF) - 2023
In March 2023, the average aluminium; alloys, hollow profiles import price amounted to $3,387 per ton, with a decrease of -5.6% against the previous month. In general, the import price showed a slight slump. The most prominent rate of growth was recorded in October 2022 an increase of 487% against the previous month. As a result, import price reached the peak level of $26,089 per ton. From November 2022 to March 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Spain ($6,198 per ton), while the price for China amounted to $3,140 per ton.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by China (-2.3%).
Exports of Aluminium; Alloys, Hollow Profiles in the Dominican Republic
After three years of growth, shipments abroad of aluminium; alloys, hollow profileses decreased by -34.7% to 8K tons in 2022. Over the period under review, total exports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 54%.
In value terms, aluminium; alloys, hollow profiles exports reduced remarkably to $39M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 48%.
| Export of Aluminium; Alloys, Hollow Profiles in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.9 | 34.3 | 46.4 | 37.0 | 17.3% |
| Canada | 0.1 | 0.2 | 0.4 | 0.7 | 91.3% |
| Colombia | N/A | N/A | 0.2 | 0.7 | 250.0% |
| Others | 0.6 | 0.3 | 0.4 | 1.2 | 26.0% |
| Total | 23.6 | 34.8 | 47.4 | 39.5 | 18.7% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from the Dominican Republic in 2022:
- United States (7.5K tons)
- Canada (0.1K tons)
- Colombia (0.1K tons)
Imports of Aluminium; Alloys, Hollow Profiles in the Dominican Republic
In 2022, approx. 5.9K tons of aluminium; alloys, hollow profileses were imported into the Dominican Republic; with an increase of 17% compared with 2021 figures. The total import volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, aluminium; alloys, hollow profiles imports surged to $25M in 2022. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Aluminium; Alloys, Hollow Profiles in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.1 | 9.6 | 13.3 | 19.2 | 23.9% |
| Spain | 2.9 | 3.3 | 3.4 | 4.8 | 18.3% |
| Others | 1.1 | 0.6 | 1.1 | 1.2 | 2.9% |
| Total | 14.1 | 13.5 | 17.8 | 25.3 | 21.5% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to the Dominican Republic in 2022:
- China (5.1K tons)
- Spain (0.6K tons)
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