Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in the Dominican Republic - 2022

Contents:

1. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in the Dominican Republic (FOB) - 2022
2. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in the Dominican Republic (CIF) - 2022
3. Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in the Dominican Republic
4. Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in the Dominican Republic

Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in the Dominican Republic (FOB) - 2022

The average export price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $2,352 per ton in 2022, flattening at the previous year. Over the period under review, the export price continues to indicate a deep reduction. The growth pace was the most rapid in 2019 when the average export price decreased by -18.3% against the previous year. The export price peaked at $6,602 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -12.7% per year.

Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in the Dominican Republic (CIF) - 2022

In 2022, the average import price for copper; refined, unwrought, cathodes and sections of cathodeses amounted to $26,186 per ton, jumping by 190% against the previous year. In general, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 302%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($27,684 per ton), while the price for the United States stood at $7,400 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.7%).

Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in the Dominican Republic

After two years of decline, overseas shipments of copper; refined, unwrought, cathodes and sections of cathodeses decreased by 0% to 7.5 tons in 2022. Overall, exports continue to indicate a buoyant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses amounted to $18K in 2022. Over the period under review, exports recorded a deep setback. The smallest decline of 99.9% was in 2020.

Top Export Markets for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes from the Dominican Republic in 2022:

1. Netherlands (7.5 tons)

Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in the Dominican Republic

In 2022, after three years of growth, there was significant decline in supplies from abroad of copper; refined, unwrought, cathodes and sections of cathodeses, when their volume decreased by -64.5% to 43 kg. In general, imports, however, saw a prominent increase. The growth pace was the most rapid in 2021 with an increase of 210%. As a result, imports reached the peak of 121 kg, and then fell significantly in the following year.

In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses expanded slightly to $1.1K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 304%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes to the Dominican Republic in 2022:

1. Belgium (38.0 kg)
2. United States (5.0 kg)

Source: IndexBox Market Intelligence Platform