Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in the Dominican Republic - 2023

Contents:

  1. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in the Dominican Republic (CIF) - 2022
  2. Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in the Dominican Republic

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in the Dominican Republic (CIF) - 2022

In 2022, the average import price for railway or tramway sleepers (cross-ties) of wood amounted to $558 per cubic meter, surging by 14% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for railway or tramway sleepers (cross-ties) of wood increased by +34.0% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 29%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

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 +4.3% per year.

Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in the Dominican Republic

In 2022, after three years of growth, there was significant decline in supplies from abroad of railway or tramway sleepers (cross-ties) of wood, when their volume decreased by -35.7% to 853 cubic meters. Over the period under review, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 76%. As a result, imports reached the peak of 1.3K cubic meters, and then dropped dramatically in the following year.

In value terms, imports of railway or tramway sleepers (cross-ties) of wood contracted significantly to $476K in 2022. In general, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 106% against the previous year. As a result, imports reached the peak of $647K, and then shrank notably in the following year.

Import of Railway or Tramway Sleepers (Cross-Ties) of Wood in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States27631464747619.9%
Others0.20.20.1N/A-29.3%
Total27631564747619.9%

Top Suppliers of Railway or Tramway Sleepers (Cross-Ties) of Wood to the Dominican Republic in 2022:

  1. United States (853.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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