Hand Saws Price in the Dominican Republic - 2023

Contents:

  1. Hand Saws Price in the Dominican Republic (CIF) - 2022
  2. Hand Saws Price in the Dominican Republic (FOB) - 2022
  3. Hand Saws Imports in the Dominican Republic
  4. Hand Saws Exports in the Dominican Republic

Hand Saws Price in the Dominican Republic (CIF) - 2022

The average hand saws import price stood at $10,036 per ton in 2022, with a decrease of -32.7% against the previous year. Overall, the import price recorded a abrupt setback. The growth pace was the most rapid in 2021 when the average import price increased by 68%. The import price peaked at $17,545 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Brazil ($21,104 per ton), while the price for China ($7,673 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Hand Saws Price in the Dominican Republic (FOB) - 2022

The average hand saws export price stood at $4,138 per ton in 2022, dropping by -41.3% against the previous year. In general, the export price recorded a deep downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 111%. Over the period under review, the average export prices hit record highs at $12,623 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($14,359 per ton), while the average price for exports to Canada ($970 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 France (+0.7%), while the prices for the other major destinations experienced a decline.

Hand Saws Imports in the Dominican Republic

In 2022, supplies from abroad of hand sawses was finally on the rise to reach 521 tons after two years of decline. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hand saws imports rose remarkably to $5.2M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 55% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Hand Saws in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0551,0171,9831,68917.0%
Mexico1,3399481,1301,262-2.0%
United States7417369381,15215.8%
Brazil1751661802228.3%
Germany37.476.012218771.0%
Italy11075.717717817.4%
PhilippinesN/AN/AN/A97.90%
Others29217341043814.5%
Total3,7493,1914,9405,22711.7%

Top Suppliers of Hand Saws to the Dominican Republic in 2022:

  1. China (220.2 tons)
  2. Mexico (128.4 tons)
  3. United States (100.0 tons)
  4. Germany (15.9 tons)
  5. Italy (13.2 tons)
  6. Philippines (11.3 tons)
  7. Brazil (10.5 tons)

Hand Saws Exports in the Dominican Republic

In 2022, exports of hand sawses from the Dominican Republic fell dramatically to 5 tons, dropping by -74.5% compared with the previous year's figure. Over the period under review, exports faced a dramatic decline. The pace of growth was the most pronounced in 2021 when exports increased by 112% against the previous year. As a result, the exports attained the peak of 20 tons, and then dropped dramatically in the following year.

In value terms, hand saws exports contracted markedly to $21K in 2022. In general, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 347%. As a result, the exports attained the peak of $140K, and then shrank notably in the following year.

Export of Hand Saws in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti36.025.616.010.4-33.9%
United States4.70.275.02.8-15.9%
CanadaN/AN/A6.51.1-83.1%
Spain0.60.11.11.122.4%
FranceN/AN/A1.70.4-76.5%
Panama18.8N/A37.4N/A41.0%
Others4.25.31.94.95.3%
Total64.531.214020.9-31.3%

Top Export Markets for Hand Saws from the Dominican Republic in 2022:

  1. Haiti (3033.0 kg)
  2. Canada (1173.0 kg)
  3. France (278.0 kg)
  4. United States (198.0 kg)
  5. Spain (154.0 kg)

Source: IndexBox Market Intelligence Platform

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