Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Dominican Republic - 2023
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Dominican Republic (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Dominican Republic (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Dominican Republic
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Dominican Republic
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Dominican Republic (CIF) - 2022
The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,434 per ton in 2022, with an increase of 8% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or non-alloy steel wire, plated or coated with zincs increased by +33.5% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 42%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 China ($1,474 per ton), while the price for Brazil ($874 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Dominican Republic (FOB) - 2022
The average export price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,489 per ton in 2022, which is down by -66.4% against the previous year. Over the period under review, the export price, however, saw a noticeable increase. The pace of growth was the most pronounced in 2021 an increase of 357%. As a result, the export price reached the peak level of $4,435 per ton, and then fell dramatically in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($1,578 per ton) and Haiti ($1,540 per ton), while the average price for exports to Panama ($1,323 per ton) and Nicaragua ($1,513 per ton) were 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 (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Dominican Republic
In 2022, the amount of iron or non-alloy steel wire, plated or coated with zincs imported into the Dominican Republic skyrocketed to 7.5K tons, with an increase of 29% on 2021. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 299%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs surged to $11M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 468%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.6 | 0.7 | 4.1 | 7.7 | 134.1% |
| Turkey | 0.3 | 0.2 | 1.9 | 2.2 | 94.3% |
| Russia | N/A | 0.1 | 1.4 | 0.5 | 123.6% |
| Brazil | N/A | 0.2 | N/A | 0.1 | -29.3% |
| United States | 0.2 | 0.1 | 0.3 | 0.1 | -20.6% |
| Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Total | 1.2 | 1.4 | 7.7 | 10.8 | 108.0% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to the Dominican Republic in 2022:
- China (5.2K tons)
- Turkey (1.6K tons)
- Russia (0.3K tons)
- Brazil (0.1K tons)
- United States (0.1K tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Dominican Republic
In 2022, overseas shipments of iron or non-alloy steel wire, plated or coated with zincs increased by 26% to 1.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt slump.
In value terms, exports of iron or non-alloy steel wire, plated or coated with zincs contracted rapidly to $1.9M in 2022. Overall, exports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 223% against the previous year. As a result, the exports reached the peak of $4.6M, and then fell remarkably in the following year.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 1,668 | 584 | 674 | 890 | -18.9% |
| Panama | 505 | 280 | 702 | 521 | 1.0% |
| United States | 756 | 507 | 3,210 | 476 | -14.3% |
| Nicaragua | 141 | N/A | N/A | 21.3 | -46.7% |
| Costa Rica | 98.6 | 35.4 | N/A | N/A | -64.1% |
| Others | 104 | 20.7 | 19.8 | 32.6 | -32.1% |
| Total | 3,272 | 1,426 | 4,606 | 1,941 | -16.0% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from the Dominican Republic in 2022:
- Haiti (578.0 tons)
- Panama (394.1 tons)
- United States (301.5 tons)
- Nicaragua (14.0 tons)
325
This report provides an in-depth analysis of the market for iron and steel wire in the Dominican Republic.
259
This report provides an in-depth analysis of the market for iron and steel wire in the Dominican Republic.
1978
This report provides an in-depth analysis of the global market for iron and steel wire.
601
This report provides an in-depth analysis of the global market for iron and steel wire.
325
This report provides an in-depth analysis of the market for iron and steel wire in the Dominican Republic.
259
This report provides an in-depth analysis of the market for iron and steel wire in the Dominican Republic.
1978
This report provides an in-depth analysis of the global market for iron and steel wire.
601
This report provides an in-depth analysis of the global market for iron and steel wire.
865
In value terms, wire of other alloy steel imports stood at $X in 2016. Overall, it indicated a temperate increase from 2007 to 2016: the total imports value increased at an average annual rate of +...
1530
In value terms, barbed wire of iron and steel imports amounted to $X in 2016. In general, barbed wire of iron and steel imports continue to indicate a mild slump. Over the period under review, glob...
1066
In value terms, wires, rods, tubes, plates, electrodes of base metal imports totaled $X in 2016. In general, wires, rods, tubes, plates, electrodes of base metal imports continue to indicate a mild...
1257
In value terms, wire of other alloy steel exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some...
693
In value terms, barbed wire of iron and steel exports totaled $X in 2016. In general, barbed wire of iron and steel exports continue to indicate a relatively flat trend pattern. Over the period und...
957
In value terms, wires, rods, tubes, plates, electrodes of base metal exports amounted to $X in 2016. Overall, wires, rods, tubes, plates, electrodes of base metal exports continue to indicate a sli...
3568
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
778
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
295
Discover the top import markets for iron and steel wire and key statistics on their import values. Learn about the global demand for this essential material.
262
Explore the top countries importing iron and steel wire in 2023 and the factors driving their demand. Get insights into the global market for these essential materials.
