Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in the Dominican Republic - 2023

Contents:

1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in the Dominican Republic (CIF) - 2023
2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in the Dominican Republic (FOB) - 2022
3. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in the Dominican Republic
4. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in the Dominican Republic

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in the Dominican Republic (CIF) - 2023

In March 2023, the average import price for containers for compressed or liquefied gas, of iron or steel amounted to $41.0 per unit, falling by -76.9% against the previous month. Over the period under review, the import price saw a deep slump. The growth pace was the most rapid in February 2023 an increase of 196% m-o-m. As a result, import price attained the peak level of $177 per unit, and then fell rapidly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($62.9 per unit), while the price for South Korea ($5.9 per unit) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Mexico (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in the Dominican Republic (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $16 per unit in 2022, picking up by 138% against the previous year. Overall, the export price continues to indicate a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($38 per unit), while the average price for exports to Colombia ($2.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in the Dominican Republic

In 2022, supplies from abroad of containers for compressed or liquefied gas, of iron or steel decreased by -9.2% to 147K units, falling for the second year in a row after two years of growth. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.3% 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 -20.4% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 73%. As a result, imports reached the peak of 185K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel surged to $15M in 2022. Over the period under review, imports, however, recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to the Dominican Republic in 2022:

1. Mexico (44.0K units)
2. China (39.0K units)
3. Guatemala (23.1K units)
4. United States (14.2K units)
5. Turkey (13.7K units)
6. South Korea (7.5K units)
7. Spain (3.3K units)

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in the Dominican Republic

In 2022, the amount of containers for compressed or liquefied gas, of iron or steel exported from the Dominican Republic declined dramatically to 134K units, falling by -49.4% on 2021. Overall, exports showed a dramatic curtailment. The smallest decline of -9.3% was in 2021. Over the period under review, the exports of attained the peak figure at 328K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel soared to $2.2M in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from the Dominican Republic in 2022:

1. Peru (57.2K units)
2. United States (42.5K units)
3. Haiti (15.8K units)
4. Belgium (6.1K units)
5. Guatemala (4.9K units)
6. Colombia (4.3K units)
7. Turks and Caicos Islands (2.1K units)

Source: IndexBox Market Intelligence Platform