Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Dominican Republic - 2023
Contents:
- Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Dominican Republic (CIF) - 2022
- Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Dominican Republic
Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Dominican Republic (CIF) - 2022
The average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $32,061 per ton in 2022, falling by -4.2% against the previous year. In general, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2018 when the average import price increased by 58%. Over the period under review, average import prices reached the peak figure at $83,220 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 Japan ($65,522 per ton), while the price for the United States ($13,066 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-2.1%), while the prices for the other major suppliers experienced a decline.
Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Dominican Republic
In 2022, after three years of growth, there was significant decline in purchases abroad of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s, when their volume decreased by -47.3% to 15 tons. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 4,080%. As a result, imports attained the peak of 29 tons, and then fell significantly in the following year.
In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s declined notably to $483K in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,056%. As a result, imports reached the peak of $957K, and then dropped significantly in the following year.
| Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.3 | 8.2 | 346 | 171 | 729.1% |
| China | N/A | 0.4 | 25.4 | 90.0 | 1400.0% |
| United States | N/A | 3.2 | 290 | 77.9 | 393.4% |
| Japan | 2.7 | 16.7 | 147 | 72.9 | 200.0% |
| Canada | 1.2 | 14.3 | 124 | 61.4 | 271.2% |
| Others | 0.1 | 1.6 | 25.3 | 9.5 | 356.3% |
| Total | 4.3 | 44.4 | 957 | 483 | 382.5% |
Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to the Dominican Republic in 2022:
- United States (6.0 tons)
- Italy (4.0 tons)
- China (2.3 tons)
- Canada (1.4 tons)
- Japan (1.1 tons)
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