Chlorides; of Aluminium Price in the Dominican Republic - 2023

Chlorides; of Aluminium Price in the Dominican Republic (CIF) - 2022

The average chlorides; of aluminium import price stood at $1,072 per ton in 2022, increasing by 14% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorides; of aluminium import price increased by +39.3% against 2019 indices. The growth pace was the most rapid in 2016 when the average import price increased by 43%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($1,558 per ton), while the price for Colombia ($674 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Aluminium Price in the Dominican Republic (FOB) - 2022

In 2022, the average chlorides; of aluminium export price amounted to $2,130 per ton, declining by -3% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorides; of aluminium export price increased by +65.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 71% against the previous year. As a result, the export price attained the peak level of $2,195 per ton, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for Haiti.

From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to +6.5% per year.

Chlorides; of Aluminium Imports in the Dominican Republic

In 2022, imports of chlorides; of aluminia into the Dominican Republic surged to 839 tons, picking up by 66% compared with the year before. In general, imports enjoyed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chlorides; of aluminium imports surged to $899K in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chlorides; of Aluminium in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	132	192	178	518	57.7%
Colombia	18.7	25.1	33.8	144	97.5%
Denmark	46.7	11.2	19.6	118	36.2%
India	36.2	18.1	19.3	46.3	8.5%
Peru	N/A	N/A	N/A	34.1	0%
Spain	4.7	6.4	9.4	32.7	90.9%
Venezuela	112	127	158	N/A	18.8%
Others	78.0	26.7	57.5	6.1	-57.2%
Total	428	406	475	899	28.1%

Top Suppliers of Chlorides; of Aluminium to the Dominican Republic in 2022:

United States (381.7 tons)
Colombia (214.2 tons)
Denmark (154.3 tons)
India (41.8 tons)
Spain (24.6 tons)
Peru (21.9 tons)

Chlorides; of Aluminium Exports in the Dominican Republic

In 2022, approx. 23 kg of chlorides; of aluminia were exported from the Dominican Republic; waning by -99.6% compared with the previous year. Over the period under review, exports showed a dramatic setback. The pace of growth appeared the most rapid in 2021 with an increase of 166% against the previous year. As a result, the exports reached the peak of 5.5 tons, and then shrank rapidly in the following year.

In value terms, chlorides; of aluminium exports fell notably to $49 in 2022. In general, exports faced a significant curtailment. The growth pace was the most rapid in 2021 when exports increased by 354% against the previous year. As a result, the exports attained the peak of $12K, and then reduced dramatically in the following year.