Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in the Dominican Republic - 2022
Contents:
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in the Dominican Republic (CIF) - 2022
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in the Dominican Republic (FOB) - 2022
- Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in the Dominican Republic
- Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in the Dominican Republic
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in the Dominican Republic (CIF) - 2022
In 2022, the average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $19,955 per ton, jumping by 157% against the previous year. Over the period under review, the import price showed a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the United States ($72,275 per ton), while the price for Brazil ($9,118 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 (+34.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in the Dominican Republic (FOB) - 2022
The average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $7,263 per ton in 2021, increasing by 4.4% against the previous year. In general, export price indicated a resilient increase from 2015 to 2021: its price increased at an average annual rate of +16.6% over the last six years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds decreased by -14.1% against 2018 indices. The pace of growth appeared the most rapid in 2016 an increase of 149% against the previous year. The export price peaked at $8,459 per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2015 to 2021, the rate of growth in terms of prices for the United States amounted to 0.0% per year.
Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in the Dominican Republic
In 2022, the amount of stainless steel, flat-rolled, width less than 600mm, cold-rolleds imported into the Dominican Republic shrank sharply to 2 tons, with a decrease of -84.3% against the previous year's figure. In general, imports saw a sharp shrinkage. The smallest decline of -3.7% was in 2021.
In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds dropped significantly to $39K in 2022. Overall, imports saw a sharp contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 2.8%. As a result, imports attained the peak of $97K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.0 | 49.0 | 44.2 | 11.5 | -21.7% |
| India | 5.4 | 13.2 | 20.4 | 11.3 | 27.9% |
| Colombia | 44.2 | 14.6 | 18.1 | 9.0 | -41.2% |
| United States | 2.2 | 11.1 | 11.7 | 6.7 | 44.9% |
| Brazil | 6.2 | 1.7 | 1.4 | 0.3 | -63.6% |
| Others | 12.3 | 7.3 | 0.4 | 0.1 | -79.9% |
| Total | 94.3 | 96.9 | 96.3 | 38.9 | -25.6% |
Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to the Dominican Republic in 2022:
- India (861.0 kg)
- China (567.0 kg)
- Colombia (390.0 kg)
- United States (92.0 kg)
- Brazil (38.0 kg)
Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in the Dominican Republic
Exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds from the Dominican Republic rose remarkably to 61 kg in 2022, surging by 7% against the year before. The total export volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 33% against the previous year. As a result, the exports attained the peak of 65 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $433 in 2022. The total export value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 20%. As a result, the exports reached the peak of $452. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in the Dominican Republic (USD) | |||
|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 |
| Belgium | N/A | 414 | 0% |
| United States | 452 | N/A | 0% |
| Others | N/A | N/A | 0% |
| Total | 452 | 414 | -8.4% |
Top Export Markets for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled from the Dominican Republic in 2022:
- Belgium (57.0 kg)
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