Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in the Dominican Republic - 2023

Contents:

1. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in the Dominican Republic (CIF) - 2023
2. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in the Dominican Republic (FOB) - 2022
3. Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in the Dominican Republic
4. Exports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in the Dominican Republic

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in the Dominican Republic (CIF) - 2023

In March 2023, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $9,796 per ton, rising by 39% against the previous month. In general, the import price showed a moderate expansion. The growth pace was the most rapid in November 2022 an increase of 113% against the previous month. As a result, import price reached the peak level of $12,821 per ton. From December 2022 to March 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was France ($16,727 per ton), while the price for the United States ($8,749 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in the Dominican Republic (FOB) - 2022

In 2022, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $1,449 per ton, reducing by -31.3% against the previous year. In general, the export price continues to indicate a drastic downturn. The growth pace was the most rapid in 2017 an increase of 355%. Over the period under review, the average export prices reached the peak figure at $8,717 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,798 per ton), while the average price for exports to Costa Rica ($1,065 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 Turks and Caicos Islands (+16.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in the Dominican Republic

In 2022, the amount of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds imported into the Dominican Republic dropped markedly to 1.1K tons, waning by -17% compared with 2021. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 45%. As a result, imports attained the peak of 1.4K tons, and then declined remarkably in the following year.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds soared to $14M in 2022. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 75% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled to the Dominican Republic in 2022:

1. United States (358.6 tons)
2. China (340.7 tons)
3. Turkey (220.0 tons)
4. Spain (66.4 tons)
5. Hong Kong SAR (44.6 tons)
6. Germany (43.7 tons)
7. Mexico (2.0 tons)

Exports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in the Dominican Republic

Exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds from the Dominican Republic skyrocketed to 34 tons in 2022, picking up by 70% against 2021 figures. Overall, exports showed a resilient expansion. The growth pace was the most rapid in 2020 when exports increased by 122%. As a result, the exports attained the peak of 44 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds skyrocketed to $49K in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 163%. As a result, the exports reached the peak of $70K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled from the Dominican Republic in 2022:

1. Costa Rica (25.6 tons)
2. Haiti (7.7 tons)
3. Turks and Caicos Islands (0.6 tons)
4. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform