Price for Winding Wire, Other than of Copper in the Dominican Republic - 2023
Contents:
- Price for Winding Wire, Other than of Copper in the Dominican Republic (CIF) - 2022
- Price for Winding Wire, Other than of Copper in the Dominican Republic (FOB) - 2022
- Imports of Winding Wire, Other than of Copper in the Dominican Republic
- Exports of Winding Wire, Other than of Copper in the Dominican Republic
Price for Winding Wire, Other than of Copper in the Dominican Republic (CIF) - 2022
In 2022, the average import price for winding wire, other than of coppers amounted to $6,090 per ton, reducing by -12% against the previous year. Over the period under review, the import price recorded a pronounced slump. The pace of growth appeared the most rapid in 2018 an increase of 76%. As a result, import price attained the peak level of $18,053 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($17,832 per ton), while the price for Turkey ($4,912 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire, Other than of Copper in the Dominican Republic (FOB) - 2022
The average export price for winding wire, other than of coppers stood at $16,914 per ton in 2022, surging by 42% against the previous year. Overall, the export price saw a prominent increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 943%. As a result, the export price attained the peak level of $153,404 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($54,279 per ton), while the average price for exports to Barbados amounted to $15,017 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+22.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Winding Wire, Other than of Copper in the Dominican Republic
In 2022, approx. 199 tons of winding wire, other than of coppers were imported into the Dominican Republic; which is down by -23.8% on the previous year. Over the period under review, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of 262 tons, and then shrank markedly in the following year.
In value terms, imports of winding wire, other than of coppers declined remarkably to $1.2M in 2022. In general, imports, however, recorded a strong increase. The growth pace was the most rapid in 2021 when imports increased by 118% against the previous year. As a result, imports reached the peak of $1.8M, and then contracted notably in the following year.
| Import of Winding Wire, Other than of Copper in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | 515 | 712 | 38.3% |
| United States | 41.4 | 110 | 1,077 | 222 | 75.0% |
| China | 955 | 710 | 22.9 | 133 | -48.2% |
| Argentina | N/A | N/A | N/A | 89.9 | 0% |
| Brazil | 11.7 | N/A | 146 | 6.3 | -18.6% |
| Others | 29.6 | 11.4 | 48.2 | 48.4 | 17.8% |
| Total | 1,038 | 832 | 1,810 | 1,212 | 5.3% |
Top Suppliers of Winding Wire, Other than of Copper to the Dominican Republic in 2022:
- Turkey (145.0 tons)
- China (22.2 tons)
- Argentina (17.3 tons)
- United States (12.5 tons)
- Brazil (1.2 tons)
Exports of Winding Wire, Other than of Copper in the Dominican Republic
In 2022, overseas shipments of winding wire, other than of coppers increased by 40,500% to 406 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a sharp downturn.
In value terms, exports of winding wire, other than of coppers skyrocketed to $7.8K in 2022. Overall, exports, however, continue to indicate a precipitous decline.
| Export of Winding Wire, Other than of Copper in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Barbados | N/A | N/A | N/A | 5.4 | 0% |
| United States | N/A | N/A | N/A | 2.3 | 0% |
| Panama | 7.8 | N/A | N/A | N/A | 0% |
| Others | 34.3 | N/A | N/A | N/A | 0% |
| Total | 42.1 | N/A | N/A | 7.8 | -43.0% |
Top Export Markets for Winding Wire, Other than of Copper from the Dominican Republic in 2022:
- Barbados (359.0 kg)
- United States (43.0 kg)
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