Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Dominican Republic - 2023
Contents:
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Dominican Republic (CIF) - 2022
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Dominican Republic (FOB) - 2022
- Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Dominican Republic
- Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Dominican Republic
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Dominican Republic (CIF) - 2022
In 2022, the average import price for stainless steel bars and rods, angles, shapes and sectionses amounted to $4,437 per ton, rising by 40% against the previous year. In general, the import price, however, recorded a slight reduction. The import price peaked at $5,295 per ton in 2013; however, from 2014 to 2022, 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 ($10,303 per ton), while the price for China ($3,822 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 (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Dominican Republic (FOB) - 2022
In 2022, the average export price for stainless steel bars and rods, angles, shapes and sectionses amounted to $3,789 per ton, standing approx. at the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 122%. The export price peaked at $6,474 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Haiti.
From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to +1.9% per year.
Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Dominican Republic
Imports of stainless steel bars and rods, angles, shapes and sectionses into the Dominican Republic rose sharply to 571 tons in 2022, growing by 8.7% on 2021. Over the period under review, imports, however, recorded a deep contraction.
In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses skyrocketed to $2.5M in 2022. In general, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 933 | 680 | 1,114 | 1,447 | 15.8% |
| India | 475 | 354 | 295 | 569 | 6.2% |
| United States | 306 | 83.8 | 174 | 273 | -3.7% |
| Italy | 30.1 | N/A | 63.9 | 188 | 84.2% |
| Others | 89.5 | 8.2 | 23.4 | 55.2 | -14.9% |
| Total | 1,835 | 1,126 | 1,670 | 2,533 | 11.3% |
Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to the Dominican Republic in 2022:
- China (378.4 tons)
- India (137.1 tons)
- United States (26.5 tons)
- Italy (25.4 tons)
Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Dominican Republic
In 2022, approx. 1.8 tons of stainless steel bars and rods, angles, shapes and sectionses were exported from the Dominican Republic; falling by -5.4% on 2021. In general, exports saw a dramatic downturn.
In value terms, exports of stainless steel bars and rods, angles, shapes and sectionses dropped to $6.7K in 2022. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 70% against the previous year. As a result, the exports reached the peak of $14K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 3.9 | 13.0 | 7.1 | 6.7 | 19.8% |
| Cuba | 2.8 | N/A | N/A | N/A | 0% |
| Turks and Caicos Islands | N/A | 0.1 | N/A | N/A | 0% |
| Others | 1.3 | 0.5 | N/A | N/A | -61.5% |
| Total | 8.0 | 13.6 | 7.1 | 6.7 | -5.7% |
Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from the Dominican Republic in 2022:
- Haiti (1.8 tons)
329
This report provides an in-depth analysis of the stainless steel angle market in the Dominican Republic.
302
This report provides an in-depth analysis of the market for forged stainless steel bar in the Dominican Republic.
252
This report provides an in-depth analysis of the market for hot-rolled round stainless steel in the Dominican Republic.
512
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in the Dominican Republic.
1380
This report provides an in-depth analysis of the global stainless steel angle market.
662
This report provides an in-depth analysis of the global market for forged stainless steel bar.
515
This report provides an in-depth analysis of the global market for hot-rolled round stainless steel.
1672
This report provides an in-depth analysis of the global market for hot-rolled steel bar and rod.
329
This report provides an in-depth analysis of the stainless steel angle market in the Dominican Republic.
302
This report provides an in-depth analysis of the market for forged stainless steel bar in the Dominican Republic.
1414
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
947
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
1107
Despite a slight drop in exports, India continued its dominance in the global trade of stainless steel angles, shapes and sections. In 2014, India exported X thousand tons of stainless steel angles, shapes and sections totaling X million USD, X%
91
Global demand for forged stainless steel bar is forecasted to increase over the next seven years, with the market volume expected to reach 4.3M tons and value to reach $22.1B by 2030. China leads in consumption and production, while India and the United States also play significant roles in the market. Import and export prices and trends are analyzed, with India emerging as a major exporter of forged stainless steel bars.
138
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
1455
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
4270
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
1147
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o
1414
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
947
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
