Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Dominican Republic - 2023
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Dominican Republic (CIF) - 2022
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Dominican Republic (FOB) - 2022
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Dominican Republic
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Dominican Republic
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Dominican Republic (CIF) - 2022
In 2022, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $5,226 per ton, dropping by -6.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 17%. The import price peaked at $7,704 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($10,394 per ton), while the price for China ($3,849 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 (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Dominican Republic (FOB) - 2022
In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $7,039 per ton, with an increase of 58% against the previous year. Overall, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 147%. As a result, the export price reached the peak level of $12,969 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($7,252 per ton), while the average price for exports to the United States ($4,412 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 the United States (+10.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Dominican Republic
In 2022, the amount of iron or steel cast fittings, other than of non-malleable cast ira imported into the Dominican Republic skyrocketed to 793 tons, growing by 56% against the year before. Overall, imports continue to indicate a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira skyrocketed to $4.1M in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. 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 Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,078 | 772 | 1,309 | 2,346 | 29.6% |
| United States | 887 | 917 | 1,319 | 1,453 | 17.9% |
| Mexico | 46.4 | 36.1 | 118 | 90.2 | 24.8% |
| Brazil | 153 | 9.0 | 15.6 | 74.5 | -21.3% |
| Others | 228 | 126 | 95.7 | 182 | -7.2% |
| Total | 2,394 | 1,860 | 2,858 | 4,145 | 20.1% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to the Dominican Republic in 2022:
- China (609.6 tons)
- United States (139.8 tons)
- Mexico (16.3 tons)
- Brazil (9.5 tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Dominican Republic
In 2022, exports of iron or steel cast fittings, other than of non-malleable cast ira from the Dominican Republic skyrocketed to 2 tons, picking up by 114% against 2021. In general, exports, however, showed a sharp reduction.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira surged to $14K in 2022. Overall, exports, however, showed a precipitous descent.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | 40.0 | 5.6 | 0.1 | 5.8 | -47.5% |
| United States | 2.1 | 40.0 | N/A | 3.3 | 16.3% |
| Haiti | 6.2 | 16.4 | 1.8 | 3.0 | -21.5% |
| Spain | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.7 | 5.4 | 2.1 | 2.0 | 41.9% |
| Total | 49.0 | 67.4 | 4.2 | 14.2 | -33.8% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from the Dominican Republic in 2022:
- Cuba (823.0 kg)
- United States (737.0 kg)
- Haiti (420.0 kg)
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