Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the Dominican Republic - 2023
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the Dominican Republic (CIF) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the Dominican Republic
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the Dominican Republic (CIF) - 2022
In 2022, the average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $4,674 per ton, which is down by -36.5% against the previous year. Over the period under review, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 63% against the previous year. The import price peaked at $9,810 per ton in 2013; however, from 2014 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 Japan ($63,117 per ton), while the price for the UK ($2,074 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+18.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the Dominican Republic
In 2022, purchases abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia was finally on the rise to reach 67 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $315K in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 21.4 | 33.3 | 19.1 | 164 | 97.2% |
| United States | 57.7 | 66.7 | 13.9 | 81.2 | 12.1% |
| Japan | 68.6 | 92.7 | 38.7 | 32.9 | -21.7% |
| Canada | 1.4 | 14.8 | 1.0 | 8.0 | 78.8% |
| United Kingdom | 0.1 | 9.9 | 8.0 | 6.4 | 300.0% |
| Others | 29.3 | 50.7 | 18.4 | 22.2 | -8.8% |
| Total | 178 | 268 | 99.0 | 315 | 21.0% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to the Dominican Republic in 2022:
- South Korea (42.5 tons)
- United States (18.3 tons)
- United Kingdom (3.1 tons)
- Canada (1.1 tons)
- Japan (0.5 tons)
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