Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Dominican Republic - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Dominican Republic (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Dominican Republic (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Dominican Republic
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Dominican Republic
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Dominican Republic (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $4,546 per ton, with a decrease of -24.1% against the previous year. Overall, the import price, however, posted a measured increase. The pace of growth was the most pronounced in 2015 an increase of 62%. Over the period under review, average import prices attained the maximum at $5,990 per ton in 2021, and then shrank dramatically in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +11.4% per year.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Dominican Republic (FOB) - 2022
The average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $7,000 per ton in 2022, rising by 27% against the previous year. In general, export price indicated a prominent expansion from 2019 to 2022: its price increased at an average annual rate of +5.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms increased by +75.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 38% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in years to come.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2019 to 2022, the rate of growth in terms of prices for the United States amounted to +5.3% per year.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Dominican Republic
In 2022, overseas purchases of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms decreased by -29.4% to 37 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, posted significant growth.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms shrank markedly to $168K in 2022. Over the period under review, imports, however, saw significant growth.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.9 | N/A | 144 | 168 | 97.2% |
| Colombia | 6.1 | N/A | 63.6 | N/A | 222.9% |
| United States | 2.9 | N/A | 59.0 | N/A | 351.1% |
| Canada | 5.1 | N/A | 47.4 | N/A | 204.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 36.0 | N/A | 314 | 168 | 67.1% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to the Dominican Republic in 2022:
- China (37.0 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Dominican Republic
In 2022, overseas shipments of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms decreased by -44.9% to 65 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 82%. As a result, the exports reached the peak of 118 kg, and then reduced sharply in the following year.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms dropped markedly to $455 in 2022. In general, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 150%. As a result, the exports reached the peak of $650, and then fell notably in the following year.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 390 | 260 | 650 | 455 | 5.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 390 | 260 | 650 | 455 | 5.3% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from the Dominican Republic in 2022:
- United States (65.0 kg)
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