Price for Tube or Pipe Flanges of Stainless Steel in the Dominican Republic - 2023
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in the Dominican Republic (CIF) - 2022
- Price for Tube or Pipe Flanges of Stainless Steel in the Dominican Republic (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in the Dominican Republic
- Exports of Tube or Pipe Flanges of Stainless Steel in the Dominican Republic
Price for Tube or Pipe Flanges of Stainless Steel in the Dominican Republic (CIF) - 2022
The average import price for tube or pipe flanges of stainless steels stood at $39,105 per ton in 2022, with an increase of 28% against the previous year. Overall, the import price posted a prominent increase. The pace of growth was the most pronounced in 2021 an increase of 81% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($133,227 per ton), while the price for Spain ($8,622 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges of Stainless Steel in the Dominican Republic (FOB) - 2022
The average export price for tube or pipe flanges of stainless steels stood at $11,585 per ton in 2022, flattening at the previous year. Over the period under review, the export price enjoyed a measured expansion. The growth pace was the most rapid in 2016 an increase of 197% against the previous year. The export price peaked at $11,980 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Jamaica.
From 2012 to 2022, the rate of growth in terms of prices for Cuba amounted to -55.7% per year.
Imports of Tube or Pipe Flanges of Stainless Steel in the Dominican Republic
In 2022, approx. 169 tons of tube or pipe flanges of stainless steels were imported into the Dominican Republic; jumping by 202% against 2021 figures. Over the period under review, imports posted a significant increase. 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 flanges of stainless steels soared to $6.6M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Flanges of Stainless Steel in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 825 | 599 | 747 | 5,329 | 86.2% |
| South Korea | N/A | N/A | 23.7 | 417 | 1659.5% |
| China | 10.8 | 37.4 | 170 | 373 | 225.7% |
| Canada | 29.5 | 9.8 | 1.6 | 289 | 114.0% |
| India | 4.7 | 17.7 | 31.9 | 97.0 | 174.3% |
| Spain | 38.9 | 14.8 | 27.5 | 42.8 | 3.2% |
| Italy | 128 | 172 | 644 | 14.7 | -51.4% |
| Others | 73.3 | 78.1 | 66.6 | 65.9 | -3.5% |
| Total | 1,110 | 929 | 1,712 | 6,628 | 81.4% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to the Dominican Republic in 2022:
- United States (104.1 tons)
- South Korea (31.2 tons)
- China (12.5 tons)
- Canada (9.9 tons)
- Spain (5.0 tons)
- India (4.4 tons)
- Italy (0.1 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in the Dominican Republic
In 2022, shipments abroad of tube or pipe flanges of stainless steels decreased by 0% to 530 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 597% against the previous year. As a result, the exports attained the peak of 697 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tube or pipe flanges of stainless steels stood at $6.1K in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 180%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Tube or Pipe Flanges of Stainless Steel in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jamaica | N/A | N/A | N/A | 4.9 | 0% |
| Saint Lucia | N/A | 3.3 | N/A | N/A | 0% |
| Grenada | 1.1 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | N/A | 1.2 | 128.9% |
| Total | 1.2 | 3.4 | N/A | 6.1 | 71.9% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from the Dominican Republic in 2022:
- Jamaica (523.0 kg)
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