Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the Dominican Republic - 2022

Contents:

  1. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the Dominican Republic (CIF) - 2022
  2. Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the Dominican Republic

Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the Dominican Republic (CIF) - 2022

The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $37,956 per ton in 2022, declining by -27.9% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 158% against the previous year. Over the period under review, average import prices hit record highs at $76,294 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.0% per year.

Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the Dominican Republic

For the fourth year in a row, the Dominican Republic recorded growth in overseas purchases of chromium and articles thereof; wrought other than waste and scrap, which increased by 209% to 68 kg in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap soared to $2.6K in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the Dominican Republic (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5193074852,58170.7%
South KoreaN/A468673N/A43.8%
OthersN/AN/AN/AN/A0%
Total5197751,1582,58170.7%

Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to the Dominican Republic in 2022:

  1. United States (68.0 kg)

Source: IndexBox Market Intelligence Platform

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