Price for Brass Tubes and Pipes in the Dominican Republic - 2023
Contents:
- Price for Brass Tubes and Pipes in the Dominican Republic (CIF) - 2022
- Imports of Brass Tubes and Pipes in the Dominican Republic
Price for Brass Tubes and Pipes in the Dominican Republic (CIF) - 2022
In 2022, the average brass tubes and pipes import price amounted to $13,750 per ton, jumping by 20% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2016 an increase of 24%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($13,751 per ton), while the price for China ($4,038 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.2%), while the prices for the other major suppliers experienced a decline.
Imports of Brass Tubes and Pipes in the Dominican Republic
In 2022, the amount of tubes and pipes of copper-zinc base alloys (brass) imported into the Dominican Republic soared to 42 tons, rising by 60% compared with the previous year. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.5% against 2020 indices.
In value terms, brass tubes and pipes imports skyrocketed to $579K in 2022. In general, imports saw a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Brass Tubes and Pipes in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 204 | 307 | 163 | 572 | 41.0% |
| China | 7.2 | 6.2 | 2.6 | 1.2 | -45.0% |
| United States | 4.4 | 70.5 | 52.6 | 0.2 | -64.3% |
| Mexico | 19.6 | 38.0 | 22.8 | N/A | 7.9% |
| Others | 152 | 157 | 59.6 | 5.7 | -66.5% |
| Total | 387 | 578 | 301 | 579 | 14.4% |
Top Suppliers of Brass Tubes and Pipes to the Dominican Republic in 2022:
- United States (undefined tons)
- Canada (41.6 tons)
- China (0.3 tons)
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