Price for Moulding Boxes; for Metal Foundry in the Dominican Republic - 2023

Contents:

1. Price for Moulding Boxes; for Metal Foundry in the Dominican Republic (CIF) - 2022
2. Price for Moulding Boxes; for Metal Foundry in the Dominican Republic (FOB) - 2022
3. Imports of Moulding Boxes; for Metal Foundry in the Dominican Republic
4. Exports of Moulding Boxes; for Metal Foundry in the Dominican Republic

Price for Moulding Boxes; for Metal Foundry in the Dominican Republic (CIF) - 2022

In 2022, the average import price for moulding boxes; for metal foundries amounted to $37,688 per ton, falling by -58.3% against the previous year. Over the period under review, the import price, however, continues to indicate a notable increase. The growth pace was the most rapid in 2019 when the average import price increased by 320% against the previous year. Over the period under review, average import prices reached the peak figure at $91,665 per ton in 2020; however, from 2021 to 2022, 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 Colombia ($61,039 per ton), while the price for China ($26,650 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+119.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Moulding Boxes; for Metal Foundry in the Dominican Republic (FOB) - 2022

In 2022, the average export price for moulding boxes; for metal foundries amounted to $29,250 per ton, with an increase of 16% against the previous year. Over the period under review, the export price recorded a strong increase. The growth pace was the most rapid in 2021 when the average export price increased by 52% against the previous year. The export price peaked at $34,143 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($37,500 per ton), while the average price for exports to the United States stood at $21,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+18.3%).

Imports of Moulding Boxes; for Metal Foundry in the Dominican Republic

Moulding boxes; for metal foundry imports into the Dominican Republic surged to 6.2 tons in 2022, increasing by 172% on the previous year's figure. In general, imports showed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, moulding boxes; for metal foundry imports reached $235K in 2022. Overall, imports, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 66%.

Top Suppliers of Moulding Boxes; for Metal Foundry to the Dominican Republic in 2022:

1. United States (3.6 tons)
2. China (1.6 tons)
3. Mexico (0.6 tons)
4. Colombia (0.3 tons)
5. Italy (0.1 tons)

Exports of Moulding Boxes; for Metal Foundry in the Dominican Republic

After three years of growth, shipments abroad of moulding boxes; for metal foundries decreased by -33.3% to 4 kg in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year.

In value terms, moulding boxes; for metal foundry exports declined remarkably to $117 in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 84%.

Top Export Markets for Moulding Boxes; for Metal Foundry from the Dominican Republic in 2022:

1. United States (2.0 kg)
2. Haiti (2.0 kg)

Source: IndexBox Market Intelligence Platform