Price for Nickel; Tube and Pipe Fittings in the Dominican Republic - 2023
Contents:
- Price for Nickel; Tube and Pipe Fittings in the Dominican Republic (CIF) - 2022
- Imports of Nickel; Tube and Pipe Fittings in the Dominican Republic
Price for Nickel; Tube and Pipe Fittings in the Dominican Republic (CIF) - 2022
The average import price for nickel; tube and pipe fittingses stood at $30,222 per ton in 2022, dropping by -39% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 189%. As a result, import price reached the peak level of $65,275 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($42,736 per ton), while the price for China totaled $29,949 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Tube and Pipe Fittings in the Dominican Republic
In 2022, overseas purchases of nickel; tube and pipe fittingses decreased by -52.5% to 8.8 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 2,216% against the previous year. As a result, imports reached the peak of 19 tons, and then declined significantly in the following year.
In value terms, nickel; tube and pipe fittings imports reduced remarkably to $267K in 2022. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,979%. As a result, imports attained the peak of $923K, and then shrank dramatically in the following year.
| Import of Nickel; Tube and Pipe Fittings in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 0.6 | 38.7 | 259 | 1977.7% |
| United States | 0.1 | 5.3 | 25.9 | 8.6 | 341.4% |
| Italy | 0.1 | 3.9 | 527 | N/A | 7159.5% |
| Canada | 3.9 | 33.0 | 315 | N/A | 798.7% |
| Others | 0.2 | 1.5 | 15.8 | 0.2 | 0.0% |
| Total | 4.3 | 44.4 | 923 | 267 | 296.0% |
Top Suppliers of Nickel; Tube and Pipe Fittings to the Dominican Republic in 2022:
- China (8.6 tons)
- United States (0.2 tons)
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