Price for Railway or Tramway Track Constructions of Iron or Steel in the Dominican Republic - 2023

Contents:

1. Price for Railway or Tramway Track Constructions of Iron or Steel in the Dominican Republic (CIF) - 2022
2. Price for Railway or Tramway Track Constructions of Iron or Steel in the Dominican Republic (FOB) - 2022
3. Imports of Railway or Tramway Track Constructions of Iron or Steel in the Dominican Republic
4. Exports of Railway or Tramway Track Constructions of Iron or Steel in the Dominican Republic

Price for Railway or Tramway Track Constructions of Iron or Steel in the Dominican Republic (CIF) - 2022

The average import price for railway or tramway track constructions of iron or steel stood at $1,837 per ton in 2022, declining by -21.3% against the previous year. In general, the import price continues to indicate a mild setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 63% against the previous year. The import price peaked at $4,170 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,361 per ton), while the price for the United States ($1,441 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-0.1%), while the prices for the other major suppliers experienced a decline.

Price for Railway or Tramway Track Constructions of Iron or Steel in the Dominican Republic (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $7,646 per ton in 2020, picking up by 618% against the previous year. Overall, the export price posted significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was Venezuela ($9,000 per ton), while the average price for exports to Haiti stood at $875 per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+29.9%).

Imports of Railway or Tramway Track Constructions of Iron or Steel in the Dominican Republic

In 2022, overseas purchases of railway or tramway track constructions of iron or steel were finally on the rise to reach 409 tons after two years of decline. Over the period under review, imports, however, saw a precipitous slump.

In value terms, imports of railway or tramway track constructions of iron or steel skyrocketed to $751K in 2022. Overall, imports, however, recorded a sharp setback.

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to the Dominican Republic in 2022:

1. United States (220.4 tons)
2. Belgium (142.5 tons)
3. Spain (40.5 tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in the Dominican Republic

In 2020, the amount of railway or tramway track constructions of iron or steel exported from the Dominican Republic shrank sharply to 48 kg, waning by -99.7% on the year before. In general, exports recorded a sharp slump.

In value terms, exports of railway or tramway track constructions of iron or steel fell significantly to $367 in 2020. Over the period under review, exports saw a precipitous shrinkage.

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from the Dominican Republic in 2022:

1. Venezuela (40.0 kg)
2. Haiti (8.0 kg)

Source: IndexBox Market Intelligence Platform