Metals; Rhodium, Semi-Manufactured Price in the Dominican Republic - 2023

Metals; Rhodium, Semi-Manufactured Price in the Dominican Republic (CIF) - 2022

The average metals; rhodium, semi-manufactured import price stood at $1,489,506 per ton in 2022, with a decrease of -20% against the previous year. Overall, the import price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 53% against the previous year. The import price peaked at $1,862,297 per ton in 2021, and then shrank markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +10.1% per year.

Metals; Rhodium, Semi-Manufactured Imports in the Dominican Republic

In 2022, imports of metals; rhodium, semi-manufactureds into the Dominican Republic dropped to 478 kg, reducing by -11.2% compared with the previous year's figure. In general, imports showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 127% against the previous year.

In value terms, metals; rhodium, semi-manufactured imports reduced dramatically to $712K in 2022. Overall, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 137% against the previous year. As a result, imports attained the peak of $1M, and then dropped rapidly in the following year.