Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Dominican Republic - 2023
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Dominican Republic (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Dominican Republic (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Dominican Republic
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Dominican Republic
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Dominican Republic (CIF) - 2022
The average import price for tube or pipe butt welding fittings, other than stainless steels stood at $18,557 per ton in 2022, growing by 131% against the previous year. Over the period under review, the import price recorded resilient growth. The import price peaked at $38,327 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 ($50,868 per ton), while the price for Taiwan (Chinese) ($3,369 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 (+27.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Dominican Republic (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $3,010 per ton, picking up by 6.1% against the previous year. In general, the export price continues to indicate a tangible expansion. Over the period under review, the average export prices attained the peak figure at $4,723 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($3,003 per ton), while the average price for exports to Haiti totaled $2,455 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+5.4%).
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Dominican Republic
In 2022, purchases abroad of tube or pipe butt welding fittings, other than stainless steels was finally on the rise to reach 54 tons after two years of decline. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels surged to $998K in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 76.0 | 26.0 | 156 | 690 | 108.6% |
| Italy | 38.1 | 35.7 | 46.3 | 105 | 40.2% |
| Netherlands | 6.2 | 9.1 | 18.3 | 64.5 | 118.3% |
| South Korea | 32.5 | 25.4 | 24.5 | 46.7 | 12.8% |
| China | 48.9 | 74.9 | 75.2 | 43.7 | -3.7% |
| Mexico | 5.0 | 2.6 | 0.8 | 26.4 | 74.1% |
| Taiwan (Chinese) | 1.9 | 1.6 | 1.8 | 3.6 | 23.7% |
| Others | 47.1 | 27.6 | 24.7 | 17.6 | -28.0% |
| Total | 256 | 203 | 348 | 998 | 57.4% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to the Dominican Republic in 2022:
- Italy (19.1 tons)
- United States (13.6 tons)
- China (10.2 tons)
- Netherlands (6.6 tons)
- South Korea (1.5 tons)
- Taiwan (Chinese) (1.1 tons)
- Mexico (0.9 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Dominican Republic
In 2022, shipments abroad of tube or pipe butt welding fittings, other than stainless steels decreased by -96.7% to 1.5 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, posted a strong increase.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels reduced notably to $4.7K in 2022. Overall, exports, however, enjoyed significant growth.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | 131 | 4.6 | -96.5% |
| Others | 2.6 | N/A | 0.9 | 0.1 | -66.2% |
| Total | 2.6 | N/A | 132 | 4.7 | 21.8% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from the Dominican Republic in 2022:
- Switzerland (1522.0 kg)
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