Price for Copper Alloy Tube or Pipe Fitting in the Dominican Republic - 2023
Contents:
- Price for Copper Alloy Tube or Pipe Fitting in the Dominican Republic (CIF) - 2022
- Price for Copper Alloy Tube or Pipe Fitting in the Dominican Republic (FOB) - 2022
- Imports of Copper Alloy Tube or Pipe Fitting in the Dominican Republic
- Exports of Copper Alloy Tube or Pipe Fitting in the Dominican Republic
Price for Copper Alloy Tube or Pipe Fitting in the Dominican Republic (CIF) - 2022
In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $16,135 per ton, waning by -34% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 61% against the previous year. The import price peaked at $24,447 per ton in 2021, and then reduced sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($45,489 per ton), while the price for India ($3,141 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 (+10.8%), while the prices for the other major suppliers experienced a decline.
Price for Copper Alloy Tube or Pipe Fitting in the Dominican Republic (FOB) - 2022
The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $67,624 per ton in 2022, increasing by 129% against the previous year. In general, the export price showed significant growth. The most prominent rate of growth was recorded in 2018 an increase of 159% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($346,000 per ton), while the average price for exports to Haiti ($10,844 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 Turks and Caicos Islands (+124.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Alloy Tube or Pipe Fitting in the Dominican Republic
Imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys into the Dominican Republic skyrocketed to 530 tons in 2022, picking up by 49% against the year before. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.6% 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 increased by +93.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys dropped slightly to $8.6M in 2022. The total import value increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 34%.
| Import of Copper Alloy Tube or Pipe Fitting in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.6 | 5.8 | 5.4 | 4.8 | 10.1% |
| China | 1.1 | 1.1 | 1.3 | 1.7 | 15.6% |
| Italy | 0.7 | 0.8 | 1.4 | 1.2 | 19.7% |
| Mexico | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Spain | 0.4 | 0.1 | 0.3 | 0.4 | 0.0% |
| India | N/A | 0.1 | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 6.0 | 8.0 | 8.7 | 8.6 | 12.7% |
Top Suppliers of Copper Alloy Tube or Pipe Fitting to the Dominican Republic in 2022:
- China (235.3 tons)
- United States (105.4 tons)
- Italy (79.2 tons)
- Mexico (58.9 tons)
- Spain (32.4 tons)
- India (8.6 tons)
Exports of Copper Alloy Tube or Pipe Fitting in the Dominican Republic
Exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys from the Dominican Republic fell notably to 889 kg in 2022, reducing by -72.4% against 2021. Overall, exports continue to indicate a sharp decline. The growth pace was the most rapid in 2021 with an increase of 71% against the previous year.
In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys declined notably to $60K in 2022. Over the period under review, exports faced a precipitous decline. The pace of growth was the most pronounced in 2021 when exports increased by 101% against the previous year.
| Export of Copper Alloy Tube or Pipe Fitting in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 113 | 0.8 | 26.9 | 17.3 | -46.5% |
| Italy | 50.5 | 4.3 | 8.7 | 13.5 | -35.6% |
| France | 51.6 | 10.1 | 24.8 | 11.5 | -39.4% |
| Haiti | 6.1 | 11.6 | 14.3 | 6.5 | 2.1% |
| Turks and Caicos Islands | N/A | N/A | N/A | 6.0 | 0% |
| Jamaica | 16.6 | 6.4 | N/A | 4.2 | -36.8% |
| Cuba | 0.9 | 1.2 | 0.5 | 1.0 | 3.6% |
| Spain | N/A | N/A | 0.5 | N/A | 0% |
| Mexico | N/A | N/A | 6.9 | N/A | 0% |
| Others | 1.7 | 12.8 | 12.4 | 0.1 | -61.1% |
| Total | 241 | 47.2 | 95.0 | 60.1 | -37.1% |
Top Export Markets for Copper Alloy Tube or Pipe Fitting from the Dominican Republic in 2022:
- Haiti (602.0 kg)
- Italy (59.0 kg)
- France (50.0 kg)
- United States (50.0 kg)
- Turks and Caicos Islands (50.0 kg)
- Cuba (46.0 kg)
- Jamaica (18.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in the Dominican Republic.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
