Metals; Silver Powder Price in the Dominican Republic - 2023

Contents:

  1. Metals; Silver Powder Price in the Dominican Republic (FOB) - 2022
  2. Metals; Silver Powder Price in the Dominican Republic (CIF) - 2022
  3. Metals; Silver Powder Exports in the Dominican Republic
  4. Metals; Silver Powder Imports in the Dominican Republic

Metals; Silver Powder Price in the Dominican Republic (FOB) - 2022

In 2022, the average metals; silver powder export price amounted to $484,775 per ton, waning by -6.7% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metals; silver powder export price increased by +86.1% against 2015 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 12%. The export price peaked at $519,413 per ton in 2021, and then fell in the following year.

As there is only one major export destination, 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 +3.9% per year.

Metals; Silver Powder Price in the Dominican Republic (CIF) - 2022

In 2022, the average metals; silver powder import price amounted to $888,000 per ton, which is down by -35.3% against the previous year. Over the period under review, the import price, however, showed a modest increase. The pace of growth appeared the most rapid in 2021 an increase of 86%. As a result, import price reached the peak level of $1,372,250 per ton, and then shrank dramatically 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 +1.5% per year.

Metals; Silver Powder Exports in the Dominican Republic

In 2022, after two years of decline, there was significant growth in shipments abroad of metals; silver powder, when their volume increased by 32% to 712 kg. In general, exports, however, recorded a precipitous decline.

In value terms, metals; silver powder exports surged to $345K in 2022. Over the period under review, exports, however, saw a deep setback.

Export of Metals; Silver Powder in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States599410280345-16.8%
OthersN/AN/AN/AN/A0%
Total599410280345-16.8%

Top Export Markets for Metals; Silver Powder from the Dominican Republic in 2022:

  1. United States (712.0 kg)

Metals; Silver Powder Imports in the Dominican Republic

In 2022, overseas purchases of metals; silver powder increased by 50% to 6 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep contraction.

In value terms, metals; silver powder imports reduced slightly to $5.3K in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 6.6% against the previous year.

Import of Metals; Silver Powder in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.85.25.55.33.4%
OthersN/AN/AN/AN/A0%
Total4.85.25.55.33.4%

Top Suppliers of Metals; Silver Powder to the Dominican Republic in 2022:

  1. United States (6.0 kg)

Source: IndexBox Market Intelligence Platform

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