Price for Copper Plates, Sheets and Strip in the Dominican Republic - 2023

Contents:

1. Price for Copper Plates, Sheets and Strip in the Dominican Republic (CIF) - 2022
2. Price for Copper Plates, Sheets and Strip in the Dominican Republic (FOB) - 2022
3. Imports of Copper Plates, Sheets and Strip in the Dominican Republic
4. Exports of Copper Plates, Sheets and Strip in the Dominican Republic

Price for Copper Plates, Sheets and Strip in the Dominican Republic (CIF) - 2022

The average import price for copper plates, sheets and strips stood at $19,118 per ton in 2022, rising by 14% against the previous year. Over the period under review, the import price showed buoyant growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 51%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($38,912 per ton), while the price for Mexico ($7,099 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 (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper Plates, Sheets and Strip in the Dominican Republic (FOB) - 2022

The average export price for copper plates, sheets and strips stood at $2,846 per ton in 2022, which is down by -65.5% against the previous year. Overall, the export price saw a deep setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 52%. Over the period under review, the average export prices attained the maximum at $21,180 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,667 per ton), while the average price for exports to Mexico totaled $2,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (+29.1%).

Imports of Copper Plates, Sheets and Strip in the Dominican Republic

After two years of decline, overseas purchases of copper plates, sheets and strips increased by 60% to 55 tons in 2022. Overall, imports, however, recorded a slight decrease.

In value terms, copper plates, sheets and strip imports skyrocketed to $1.1M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Copper Plates, Sheets and Strip to the Dominican Republic in 2022:

1. Mexico (32.7 tons)
2. United States (20.4 tons)
3. China (1.5 tons)
4. Germany (0.9 tons)

Exports of Copper Plates, Sheets and Strip in the Dominican Republic

Copper plates, sheets and strip exports from the Dominican Republic dropped rapidly to 13 kg in 2022, shrinking by -98.2% against the year before. Overall, exports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 16%. As a result, the exports reached the peak of 742 kg, and then plummeted in the following year.

In value terms, copper plates, sheets and strip exports declined markedly to $37 in 2022. In general, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 12%.

Top Export Markets for Copper Plates, Sheets and Strip from the Dominican Republic in 2022:

1. Mexico (10.0 kg)
2. United States (3.0 kg)

Source: IndexBox Market Intelligence Platform