Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in the Dominican Republic - 2023

Contents:

  1. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in the Dominican Republic (CIF) - 2023
  2. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in the Dominican Republic (FOB) - 2022
  3. Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in the Dominican Republic
  4. Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in the Dominican Republic

Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in the Dominican Republic (CIF) - 2023

In March 2023, the average import price for slide fasteners; fitted with chain scoops of base metals amounted to $282 per thousand units, increasing by 11% against the previous month. In general, the import price continues to indicate prominent growth. The pace of growth was the most pronounced in September 2022 an increase of 863% against the previous month. As a result, import price reached the peak level of $2.4 per unit. From October 2022 to March 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was the United States ($307 per thousand units), while the price for China ($195 per thousand units) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by China (+8.4%), while the prices for the other major suppliers experienced a decline.

Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in the Dominican Republic (FOB) - 2022

In 2022, the average export price for slide fasteners; fitted with chain scoops of base metals amounted to $0.1 per unit, stabilizing at the previous year. Overall, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 64%. As a result, the export price attained the peak level of $0.3 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($0.2 per unit), while the average price for exports to Haiti amounted to $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.7%).

Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in the Dominican Republic

Imports of slide fasteners; fitted with chain scoops of base metals into the Dominican Republic surged to 12M units in 2022, growing by 75% on 2021. In general, imports enjoyed a slight expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of slide fasteners; fitted with chain scoops of base metals soared to $6.1M in 2022. Over the period under review, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Slide Fasteners; Fitted with Chain Scoops of Base Metal in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,2781,3751,9294,51625.6%
China62038482897216.2%
Hong Kong SAR603254270314-19.5%
Germany81.2N/A7.813117.3%
Peru88.1N/AN/A56.9-13.6%
Others32919.646.5115-29.6%
Total4,0002,0333,0816,10515.1%

Top Suppliers of Slide Fasteners; Fitted with Chain Scoops of Base Metal to the Dominican Republic in 2022:

  1. United States (5.6M units)
  2. China (4.7M units)
  3. Hong Kong SAR (0.8M units)
  4. Germany (0.3M units)
  5. Peru (0.2M units)

Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in the Dominican Republic

In 2022, exports of slide fasteners; fitted with chain scoops of base metals from the Dominican Republic dropped dramatically to 588K units, reducing by -66.3% compared with 2021 figures. In general, exports showed a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 54% against the previous year. As a result, the exports reached the peak of 1.7M units, and then contracted significantly in the following year.

In value terms, exports of slide fasteners; fitted with chain scoops of base metals dropped notably to $72K in 2022. Over the period under review, exports faced a precipitous decrease. The growth pace was the most rapid in 2020 when exports increased by 15% against the previous year. As a result, the exports reached the peak of $255K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Slide Fasteners; Fitted with Chain Scoops of Base Metal in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti21914714267.9-32.3%
United States2.210160.43.820.0%
OthersN/A6.310.3N/A63.5%
Total22225521371.7-31.4%

Top Export Markets for Slide Fasteners; Fitted with Chain Scoops of Base Metal from the Dominican Republic in 2022:

  1. Haiti (570.8K units)
  2. United States (17.3K units)

Source: IndexBox Market Intelligence Platform

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