Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in the Dominican Republic - 2023

Contents:

1. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in the Dominican Republic (CIF) - 2023
2. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in the Dominican Republic (FOB) - 2023
3. Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in the Dominican Republic
4. Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in the Dominican Republic

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in the Dominican Republic (CIF) - 2023

In March 2023, the average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $9,580 per ton, picking up by 29% against the previous month. In general, the import price continues to indicate a buoyant increase. The growth pace was the most rapid in February 2023 an increase of 82% m-o-m. Over the period under review, average import prices reached the maximum at $9,969 per ton in June 2022; however, from July 2022 to March 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Uruguay ($7,113 per ton), while the price for Italy ($3,047 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Jordan (+0.2%), while the prices for the other major suppliers experienced a decline.

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in the Dominican Republic (FOB) - 2023

The average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $1,623 per ton in March 2023, reducing by -8.9% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 112% m-o-m. As a result, the export price reached the peak level of $2,981 per ton. From February 2023 to March 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($5,250 per ton), while the average price for exports to Haiti stood at $1,184 per ton.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bahamas (0.0%), while the prices for the other major destinations experienced a decline.

Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in the Dominican Republic

Imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into the Dominican Republic soared to 2.7K tons in 2022, increasing by 54% against the year before. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms surged to $14M in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to the Dominican Republic in 2022:

1. China (1070.5 tons)
2. Jordan (841.2 tons)
3. United States (331.9 tons)
4. Italy (120.3 tons)
5. Spain (104.8 tons)
6. Oman (102.0 tons)
7. Germany (21.7 tons)

Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in the Dominican Republic

Exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms from the Dominican Republic reached 356 tons in 2022, picking up by 6.4% on the previous year's figure. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 185%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms soared to $560K in 2022. Over the period under review, exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 76%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from the Dominican Republic in 2022:

1. Haiti (335.6 tons)
2. United States (11.2 tons)
3. Bahamas (8.2 tons)

Source: IndexBox Market Intelligence Platform