Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the Dominican Republic - 2023
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the Dominican Republic (CIF) - 2022
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the Dominican Republic (FOB) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the Dominican Republic
- Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the Dominican Republic
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the Dominican Republic (CIF) - 2022
In 2022, the average import price for clasps and frames with clasps amounted to $9,930 per ton, picking up by 2.6% against the previous year. Over the period under review, the import price, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2016 an increase of 72%. Over the period under review, average import prices hit record highs at $15,075 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 the United States ($22,459 per ton), while the price for China ($8,445 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the Dominican Republic (FOB) - 2022
In 2022, the average export price for clasps and frames with clasps amounted to $2,896 per ton, dropping by -11.1% against the previous year. Overall, the export price, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2013 an increase of 6,437% against the previous year. Over the period under review, the average export prices hit record highs at $34,857 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($104,000 per ton), while the average price for exports to Haiti ($2,609 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+271.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the Dominican Republic
In 2022, the amount of clasps and frames with clasps imported into the Dominican Republic dropped to 107 tons, which is down by -14.5% compared with the year before. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of 125 tons, and then fell in the following year.
In value terms, imports of clasps and frames with clasps dropped to $1.1M in 2022. Overall, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 101% against the previous year. As a result, imports reached the peak of $1.2M, and then contracted in the following year.
| Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 524 | 370 | 888 | 683 | 9.2% |
| Spain | 186 | 136 | 182 | 206 | 3.5% |
| United States | 37.1 | 39.6 | 61.2 | 51.0 | 11.2% |
| Portugal | 11.0 | 21.8 | 15.4 | 42.6 | 57.0% |
| Italy | 11.8 | 2.3 | 18.8 | 34.3 | 42.7% |
| Others | 45.3 | 29.5 | 41.6 | 42.9 | -1.8% |
| Total | 816 | 599 | 1,207 | 1,059 | 9.1% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to the Dominican Republic in 2022:
- China (80.8 tons)
- Spain (13.4 tons)
- Italy (3.1 tons)
- Portugal (3.0 tons)
- United States (2.3 tons)
Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the Dominican Republic
Exports of clasps and frames with clasps from the Dominican Republic soared to 4.4 tons in 2022, picking up by 86% compared with 2021. In general, exports enjoyed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of clasps and frames with clasps surged to $13K in 2022. Overall, exports enjoyed a measured increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 2.6 | N/A | 3.8 | 10.5 | 59.2% |
| Mexico | 0.9 | N/A | 1.3 | 1.8 | 26.0% |
| Cuba | 2.8 | N/A | 0.4 | 0.2 | -58.5% |
| Jamaica | 4.6 | N/A | 0.7 | 0.1 | -72.1% |
| Saint Lucia | N/A | N/A | 0.5 | N/A | 0% |
| Others | 0.8 | N/A | 1.0 | 0.1 | -50.0% |
| Total | 11.7 | N/A | 7.7 | 12.7 | 2.8% |
Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from the Dominican Republic in 2022:
- Haiti (4036.0 kg)
- Mexico (286.0 kg)
- Jamaica (14.0 kg)
- Cuba (2.0 kg)
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