Price for Copper Tube or Pipe Fitting in the Dominican Republic - 2023
Contents:
- Price for Copper Tube or Pipe Fitting in the Dominican Republic (CIF) - 2022
- Price for Copper Tube or Pipe Fitting in the Dominican Republic (FOB) - 2022
- Imports of Copper Tube or Pipe Fitting in the Dominican Republic
- Exports of Copper Tube or Pipe Fitting in the Dominican Republic
Price for Copper Tube or Pipe Fitting in the Dominican Republic (CIF) - 2022
The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $8,071 per ton in 2022, approximately equating the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 11% against the previous year. As a result, import price attained the peak level of $16,397 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($16,746 per ton), while the price for Mexico ($2,880 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.2%), while the prices for the other major suppliers experienced a decline.
Price for Copper Tube or Pipe Fitting in the Dominican Republic (FOB) - 2022
In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $24,260 per ton, surging by 264% against the previous year. In general, the export price enjoyed a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($30,669 per ton), while the average price for exports to the United States ($5,903 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Tube or Pipe Fitting in the Dominican Republic
Copper tube or pipe fitting imports into the Dominican Republic surged to 116 tons in 2022, rising by 45% on 2021 figures. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 58% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, copper tube or pipe fitting imports soared to $936K in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 51%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Copper Tube or Pipe Fitting in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 153 | 314 | 392 | 490 | 47.4% |
| United States | 96.6 | 42.1 | 159 | 297 | 45.4% |
| Italy | 34.9 | 14.7 | 60.4 | 40.7 | 5.3% |
| Spain | 93.1 | 30.8 | 26.3 | 34.0 | -28.5% |
| Mexico | 12.3 | 2.4 | 6.6 | 30.2 | 34.9% |
| South Korea | 61.1 | 15.1 | N/A | 28.9 | -22.1% |
| Others | 0.8 | 12.0 | 6.8 | 15.8 | 170.3% |
| Total | 451 | 431 | 651 | 936 | 27.6% |
Top Suppliers of Copper Tube or Pipe Fitting to the Dominican Republic in 2022:
- China (78.9 tons)
- United States (17.7 tons)
- Mexico (10.5 tons)
- Italy (3.3 tons)
- South Korea (1.5 tons)
- Spain (1.4 tons)
Exports of Copper Tube or Pipe Fitting in the Dominican Republic
In 2022, shipments abroad of tube or pipe fittings, couplings, elbows, sleeves of refined copper decreased by -92% to 554 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 379% against the previous year.
In value terms, copper tube or pipe fitting exports dropped significantly to $13K in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 609%.
| Export of Copper Tube or Pipe Fitting in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 3.1 | 33.0 | 32.4 | 12.2 | 57.9% |
| Turks and Caicos Islands | N/A | N/A | 0.4 | 0.9 | 125.0% |
| United States | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Italy | N/A | N/A | 12.5 | N/A | 0% |
| Others | 1.7 | 0.5 | 0.6 | 0.1 | -61.1% |
| Total | 4.7 | 33.5 | 46.0 | 13.4 | 41.8% |
Top Export Markets for Copper Tube or Pipe Fitting from the Dominican Republic in 2022:
- Haiti (399.0 kg)
- Turks and Caicos Islands (121.0 kg)
- United States (31.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in the Dominican Republic.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
