Price for Aluminium; Tubes and Pipes in the Dominican Republic - 2023
Contents:
- Price for Aluminium; Tubes and Pipes in the Dominican Republic (CIF) - 2023
- Price for Aluminium; Tubes and Pipes in the Dominican Republic (FOB) - 2023
- Imports of Aluminium; Tubes and Pipes in the Dominican Republic
- Exports of Aluminium; Tubes and Pipes in the Dominican Republic
Price for Aluminium; Tubes and Pipes in the Dominican Republic (CIF) - 2023
The average aluminium; tubes and pipes import price stood at $5,116 per ton in March 2023, reducing by -12% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 41% month-to-month. As a result, import price attained the peak level of $7,558 per ton. From September 2022 to March 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($14,272 per ton), while the price for China amounted to $4,603 per ton.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+7.2%).
Price for Aluminium; Tubes and Pipes in the Dominican Republic (FOB) - 2023
The average aluminium; tubes and pipes export price stood at $5,055 per ton in March 2023, growing by 5.2% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2022 an increase of 361% month-to-month. As a result, the export price reached the peak level of $22,944 per ton. From July 2022 to March 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From March 2022 to March 2023, the rate of growth in terms of prices for the United States amounted to +1.1% per month.
Imports of Aluminium; Tubes and Pipes in the Dominican Republic
In 2022, the amount of aluminium; tubes and pipeses imported into the Dominican Republic expanded notably to 3.5K tons, with an increase of 15% against 2021 figures. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, aluminium; tubes and pipes imports soared to $20M in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 57% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Aluminium; Tubes and Pipes in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.5 | 8.0 | 12.4 | 15.4 | 33.3% |
| United States | 0.6 | 0.4 | 0.6 | 3.1 | 72.9% |
| Others | 0.8 | 0.7 | 1.3 | 1.3 | 17.6% |
| Total | 7.9 | 9.1 | 14.3 | 19.8 | 35.8% |
Top Suppliers of Aluminium; Tubes and Pipes to the Dominican Republic in 2022:
- China (3.1K tons)
- United States (0.4K tons)
Exports of Aluminium; Tubes and Pipes in the Dominican Republic
In 2022, the amount of aluminium; tubes and pipeses exported from the Dominican Republic contracted rapidly to 879 tons, reducing by -50.4% on the year before. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 40,884% against the previous year. As a result, the exports attained the peak of 1.8K tons, and then shrank markedly in the following year.
In value terms, aluminium; tubes and pipes exports contracted remarkably to $3.9M in 2022. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 28,312%. As a result, the exports attained the peak of $7M, and then reduced sharply in the following year.
| Export of Aluminium; Tubes and Pipes in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 6.7 | 3.7 | -44.8% |
| Colombia | N/A | N/A | N/A | 0.1 | 0% |
| Haiti | 0.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.4 | N/A | 0% |
| Total | 0.3 | N/A | 7.0 | 3.9 | 135.1% |
Top Export Markets for Aluminium; Tubes and Pipes from the Dominican Republic in 2022:
- United States (853.7 tons)
- Colombia (13.9 tons)
- Haiti (3.9 tons)
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