Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in the Dominican Republic - 2023

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in the Dominican Republic (CIF) - 2022
  2. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in the Dominican Republic (FOB) - 2022
  3. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in the Dominican Republic
  4. Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in the Dominican Republic

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in the Dominican Republic (CIF) - 2022

The average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $5,207 per ton in 2022, jumping by 48% against the previous year. Overall, the import price, however, continues to indicate a mild contraction. The import price peaked at $6,036 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($9,818 per ton), while the price for China ($3,982 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 Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in the Dominican Republic (FOB) - 2022

In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $7,912 per ton, picking up by 27% against the previous year. Overall, the export price posted a strong increase. The export price peaked at $11,633 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($7,917 per ton), while the average price for exports to Cuba amounted to $7,900 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+26.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in the Dominican Republic

In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses imported into the Dominican Republic soared to 92 tons, growing by 164% on the previous year's figure. Over the period under review, imports saw a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses skyrocketed to $481K in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13571.111128227.8%
United States1.68.47.4184386.3%
Brazil2.3N/A2.513.279.0%
Others17.66.81.91.5-56.0%
Total15686.312348145.5%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to the Dominican Republic in 2022:

  1. China (70.9 tons)
  2. United States (18.8 tons)
  3. Brazil (2.7 tons)

Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in the Dominican Republic

In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses exported from the Dominican Republic surged to 1.6 tons, with an increase of 40,275% on 2021 figures. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses skyrocketed to $13K in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in the Dominican Republic (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United StatesN/A9.00%
CubaN/A3.80%
OthersN/AN/A0%
TotalN/A12.80%

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from the Dominican Republic in 2022:

  1. United States (1135.0 kg)
  2. Cuba (480.0 kg)

Source: IndexBox Market Intelligence Platform

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