Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Dominican Republic - 2023

Contents:

  1. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Dominican Republic (CIF) - 2022
  2. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Dominican Republic (FOB) - 2022
  3. Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Dominican Republic
  4. Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Dominican Republic

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Dominican Republic (CIF) - 2022

The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $10,336 per ton in 2022, increasing by 71% against the previous year. Over the period under review, the import price, however, saw a mild decline. Over the period under review, average import prices attained the peak figure at $11,491 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 ($26,071 per ton), while the price for Mexico ($901 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 (+6.0%), while the prices for the other major suppliers experienced a decline.

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Dominican Republic (FOB) - 2022

The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $4,409 per ton in 2022, with an increase of 24% against the previous year. In general, the export price, however, showed a noticeable downturn. The pace of growth appeared the most rapid in 2015 when the average export price increased by 202% against the previous year. Over the period under review, the average export prices reached the maximum at $24,709 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,847 per ton), while the average price for exports to Turks and Caicos Islands ($1,973 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turks and Caicos Islands (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Dominican Republic

For the fourth year in a row, the Dominican Republic recorded growth in overseas purchases of tube or pipe threaded elbows, bends and sleeves of stainless steels, which increased by 63% to 936 tons in 2022. In general, imports posted significant growth. 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 threaded elbows, bends and sleeves of stainless steels skyrocketed to $9.7M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,4641,1421,2843,50233.7%
China1,2949051,6053,30336.7%
Canada14652.32351,680125.8%
South KoreaN/A0.10.38819286.2%
Mexico59.467.912576.28.7%
Thailand53.341.765.749.2-2.6%
Others560406159184-31.0%
Total3,5762,6153,4749,67639.3%

Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to the Dominican Republic in 2022:

  1. China (475.8 tons)
  2. Canada (138.4 tons)
  3. United States (134.3 tons)
  4. Mexico (84.5 tons)
  5. South Korea (76.9 tons)
  6. Thailand (10.9 tons)

Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Dominican Republic

In 2022, overseas shipments of tube or pipe threaded elbows, bends and sleeves of stainless steels decreased by -81% to 5.3 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a precipitous contraction. The pace of growth was the most pronounced in 2020 with an increase of 198%. As a result, the exports reached the peak of 133 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels fell significantly to $23K in 2022. In general, exports recorded a sharp setback. The growth pace was the most rapid in 2020 with an increase of 18% against the previous year. As a result, the exports reached the peak of $289K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti52.426283.819.9-27.6%
Turks and Caicos IslandsN/A9.40.41.6-58.7%
United States14417.713.70.3-87.2%
Others49.00.41.01.5-68.7%
Total24628998.923.3-54.4%

Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from the Dominican Republic in 2022:

  1. Haiti (4.3 tons)
  2. Turks and Caicos Islands (0.8 tons)
  3. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform

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