Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Dominican Republic - 2023

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Dominican Republic (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Dominican Republic (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Dominican Republic
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Dominican Republic

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Dominican Republic (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $112,637 per ton, jumping by 170% against the previous year. In general, the import price, however, continues to indicate a slight contraction. The import price peaked at $124,925 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($989,810 per ton), while the price for Italy ($21,652 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Dominican Republic (FOB) - 2022

The average export price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $234,795 per ton in 2022, surging by 1,053% against the previous year. Over the period under review, the export price saw resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($316,400 per ton), while the average price for exports to Haiti amounted to $93,407 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+38.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Dominican Republic

In 2022, imports of balances; of a sensitivity of 5cg or better, with or without weightses into the Dominican Republic surged to 4.9 tons, increasing by 24% against the previous year. Over the period under review, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 77%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses surged to $582K in 2022. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 94% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to the Dominican Republic in 2022:

1. United States (1977.0 kg)
2. Malaysia (935.0 kg)
3. Italy (814.0 kg)
4. China (401.0 kg)
5. Spain (358.0 kg)
6. Germany (354.0 kg)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in the Dominican Republic

In 2022, shipments abroad of balances; of a sensitivity of 5cg or better, with or without weightses was finally on the rise to reach 97 kg after two years of decline. Over the period under review, exports, however, saw a abrupt decrease.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses soared to $10K in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from the Dominican Republic in 2022:

1. Haiti (91.0 kg)
2. United States (5.0 kg)

Source: IndexBox Market Intelligence Platform