Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Dominican Republic - 2023
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Dominican Republic (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Dominican Republic (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Dominican Republic
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Dominican Republic
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Dominican Republic (CIF) - 2022
In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $14,370 per ton, rising by 18% against the previous year. Overall, the import price, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2016 an increase of 73%. Over the period under review, average import prices attained the maximum at $18,730 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($29,809 per ton), while the price for Brazil ($5,401 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 (+6.4%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Dominican Republic (FOB) - 2022
In 2022, the average export price for iron or steel; non-threaded cotters and cotter-pinses amounted to $3,765 per ton, with an increase of 24% against the previous year. In general, the export price, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2018 an increase of 492% against the previous year. As a result, the export price reached the peak level of $23,777 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turks and Caicos Islands ($5,545 per ton), while the average price for exports to the United States ($2,722 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 (+53.2%), while the prices for the other major destinations experienced a decline.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Dominican Republic
Imports of iron or steel; non-threaded cotters and cotter-pinses into the Dominican Republic dropped to 190 tons in 2022, waning by -10% on the previous year. Overall, imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. As a result, imports reached the peak of 211 tons, and then fell in the following year.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses reached $2.7M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 10%.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,723 | 1,342 | 1,294 | 1,459 | -5.4% |
| China | 375 | 277 | 450 | 585 | 16.0% |
| Italy | 59.0 | 88.9 | 128 | 189 | 47.4% |
| Colombia | 66.2 | 85.5 | 38.4 | 58.8 | -3.9% |
| Germany | 71.9 | 126 | 34.8 | 58.1 | -6.9% |
| Japan | 65.9 | 48.7 | 112 | 40.9 | -14.7% |
| India | 13.8 | 9.5 | 42.2 | 37.7 | 39.8% |
| Brazil | 91.7 | 110 | 36.5 | 34.5 | -27.8% |
| Others | 279 | 240 | 427 | 268 | -1.3% |
| Total | 2,746 | 2,328 | 2,564 | 2,732 | -0.2% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to the Dominican Republic in 2022:
- China (90.7 tons)
- United States (49.0 tons)
- Italy (13.2 tons)
- Colombia (10.5 tons)
- Germany (6.8 tons)
- Brazil (6.4 tons)
- India (3.2 tons)
- Japan (2.4 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Dominican Republic
In 2022, the amount of iron or steel; non-threaded cotters and cotter-pinses exported from the Dominican Republic contracted dramatically to 6 tons, falling by -30.9% compared with 2021 figures. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, the exports attained the peak of 8.7 tons, and then fell significantly in the following year.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses fell to $23K in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The smallest decline of -4.6% was in 2020.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | N/A | N/A | N/A | 12.4 | 0% |
| United States | 14.2 | 5.9 | 20.5 | 7.6 | -18.8% |
| Haiti | 19.6 | 17.1 | 4.1 | 2.2 | -51.8% |
| Turks and Caicos Islands | N/A | N/A | N/A | 0.6 | 0% |
| Finland | N/A | 11.0 | N/A | N/A | 0% |
| Others | 1.9 | 0.1 | 1.9 | N/A | 0.0% |
| Total | 35.7 | 34.1 | 26.6 | 22.7 | -14.0% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from the Dominican Republic in 2022:
- United States (2.8 tons)
- El Salvador (2.6 tons)
- Haiti (0.6 tons)
- Turks and Caicos Islands (0.1 tons)
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