Price for Ferrous Waste and Scrap; of Cast Iron in the Dominican Republic - 2023
Contents:
- Price for Ferrous Waste and Scrap; of Cast Iron in the Dominican Republic (CIF) - 2022
- Price for Ferrous Waste and Scrap; of Cast Iron in the Dominican Republic (FOB) - 2022
- Imports of Ferrous Waste and Scrap; of Cast Iron in the Dominican Republic
- Exports of Ferrous Waste and Scrap; of Cast Iron in the Dominican Republic
Price for Ferrous Waste and Scrap; of Cast Iron in the Dominican Republic (CIF) - 2022
The average import price for ferrous waste and scrap; of cast ira stood at $179 per ton in 2022, declining by -8.2% against the previous year. Over the period under review, the import price saw a perceptible slump. The growth pace was the most rapid in 2013 when the average import price increased by 98%. As a result, import price attained the peak level of $488 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($1,631 per ton), while the price for Brazil ($81 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+22.0%), while the prices for the other major suppliers experienced a decline.
Price for Ferrous Waste and Scrap; of Cast Iron in the Dominican Republic (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of cast ira amounted to $1,750 per ton, growing by 349% against the previous year. Overall, the export price recorded prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Taiwan (Chinese) amounted to +5.8% per year.
Imports of Ferrous Waste and Scrap; of Cast Iron in the Dominican Republic
Imports of ferrous waste and scrap; of cast ira into the Dominican Republic rose notably to 99 tons in 2022, picking up by 7.4% against 2021 figures. In general, imports, however, saw a dramatic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 18%.
In value terms, imports of ferrous waste and scrap; of cast ira contracted slightly to $18K in 2022. Over the period under review, imports, however, recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 2.8%.
| Import of Ferrous Waste and Scrap; of Cast Iron in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 24.2 | 13.4 | 14.0 | 14.1 | -16.5% |
| Brazil | 11.9 | 2.4 | 2.6 | 2.6 | -39.8% |
| Turks and Caicos Islands | 2.2 | 0.8 | 0.6 | 0.4 | -43.3% |
| Others | 12.7 | 0.8 | 0.8 | 0.6 | -63.8% |
| Total | 51.1 | 17.5 | 18.0 | 17.7 | -29.8% |
Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to the Dominican Republic in 2022:
- United States (62.6 tons)
- Brazil (31.9 tons)
- Turks and Caicos Islands (4.3 tons)
Exports of Ferrous Waste and Scrap; of Cast Iron in the Dominican Republic
For the third year in a row, the Dominican Republic recorded decline in overseas shipments of ferrous waste and scrap; of cast ira, which decreased by 99.9% to 532 kg in 2022. Over the period under review, exports faced a sharp slump. The smallest decline of -21.5% was in 2020.
In value terms, exports of ferrous waste and scrap; of cast ira contracted sharply to $931 in 2022. In general, exports showed a significant contraction. The smallest decline of -11.2% was in 2020.
| Export of Ferrous Waste and Scrap; of Cast Iron in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 136 | 146 | 119 | 0.9 | -81.2% |
| South Korea | 265 | 156 | 271 | N/A | 1.1% |
| Thailand | 127 | 141 | 119 | N/A | -3.2% |
| China | 1,596 | 1,694 | 1,375 | N/A | -7.2% |
| Vietnam | 191 | 210 | 176 | N/A | -4.0% |
| Malaysia | 325 | 214 | 117 | N/A | -40.0% |
| India | 274 | 344 | 331 | N/A | 9.9% |
| Indonesia | 283 | N/A | N/A | N/A | 0% |
| Singapore | 457 | 58.2 | 71.7 | N/A | -60.4% |
| Taiwan (Chinese) | 4,234 | 4,928 | 4,310 | N/A | 0.9% |
| Canada | 799 | N/A | N/A | N/A | 0% |
| Others | 314 | 106 | 101 | N/A | -43.3% |
| Total | 9,002 | 7,996 | 6,991 | 0.9 | -95.4% |
Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from the Dominican Republic in 2022:
- United States (532.0 kg)
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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