Price for Nickel; Tubes and Pipes, Not Alloyed in the Dominican Republic - 2022

Price for Nickel; Tubes and Pipes, Not Alloyed in the Dominican Republic (CIF) - 2022

In 2022, the average import price for nickel; tubes and pipes, not alloyeds amounted to $8,069 per ton, remaining relatively unchanged against the previous year. In general, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 when the average import price increased by less than 0.1%. Over the period under review, average import prices hit record highs at $29,533 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -11.8% per year.

Imports of Nickel; Tubes and Pipes, Not Alloyed in the Dominican Republic

In 2022, imports of nickel; tubes and pipes, not alloyeds into the Dominican Republic surged to 3.6 tons, picking up by 20% compared with the previous year's figure. Overall, imports, however, saw a deep setback.

In value terms, imports of nickel; tubes and pipes, not alloyeds surged to $29K in 2022. Over the period under review, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year.