Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in the Dominican Republic - 2023

Contents:

1. Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in the Dominican Republic (CIF) - 2022
2. Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in the Dominican Republic (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in the Dominican Republic
4. Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in the Dominican Republic

Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in the Dominican Republic (CIF) - 2022

In 2022, the average import price for tube or pipe fittings of non-malleable cast iron amounted to $6,032 per ton, jumping by 63% against the previous year. Overall, the import price posted mild growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 108%. As a result, import price attained the peak level of $19,922 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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 Italy ($15,252 per ton), while the price for China ($1,346 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in the Dominican Republic (FOB) - 2022

The average export price for tube or pipe fittings of non-malleable cast iron stood at $12,453 per ton in 2022, rising by 718% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The export price peaked at $21,342 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($105,375 per ton), while the average price for exports to Turks and Caicos Islands ($2,375 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 Haiti (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in the Dominican Republic

Imports of tube or pipe fittings of non-malleable cast iron into the Dominican Republic fell sharply to 20 tons in 2022, with a decrease of -22% on the year before. Overall, imports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year.

In value terms, imports of tube or pipe fittings of non-malleable cast iron soared to $118K in 2022. In general, imports continue to indicate a deep reduction.

Top Suppliers of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron to the Dominican Republic in 2022:

1. United States (7.4 tons)
2. China (7.0 tons)
3. Spain (2.2 tons)
4. Brazil (1.8 tons)
5. Italy (1.1 tons)

Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in the Dominican Republic

In 2022, exports of tube or pipe fittings of non-malleable cast iron from the Dominican Republic declined dramatically to 212 kg, with a decrease of -99% against the year before. In general, exports showed a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 1,763%.

In value terms, exports of tube or pipe fittings of non-malleable cast iron contracted sharply to $2.6K in 2022. Overall, exports saw a dramatic descent. The growth pace was the most rapid in 2021 when exports increased by 259%.

Top Export Markets for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron from the Dominican Republic in 2022:

1. United States (195.0 kg)
2. Haiti (8.0 kg)
3. Turks and Caicos Islands (8.0 kg)

Source: IndexBox Market Intelligence Platform