Price for Tubing; Flexible, with or Without Fittings, of Base Metal in the Dominican Republic - 2023

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in the Dominican Republic (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in the Dominican Republic (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in the Dominican Republic
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in the Dominican Republic

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in the Dominican Republic (CIF) - 2022

The average import price for tubing; flexible, with or without fittings, of base metals stood at $13,047 per ton in 2022, rising by 1.9% against the previous year. Overall, the import price continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2021 an increase of 40% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($126,540 per ton), while the price for China ($5,430 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in the Dominican Republic (FOB) - 2022

In 2022, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $1,865 per ton, reducing by -10% against the previous year. Overall, the export price, however, continues to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2017 an increase of 153% against the previous year. As a result, the export price attained the peak level of $9,200 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turks and Caicos Islands ($5,847 per ton), while the average price for exports to Haiti ($1,437 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+0.8%), while the prices for the other major destinations experienced a decline.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in the Dominican Republic

In 2022, overseas purchases of tubing; flexible, with or without fittings, of base metals increased by 9.7% to 258 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a perceptible decrease.

In value terms, imports of tubing; flexible, with or without fittings, of base metals stood at $3.4M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to the Dominican Republic in 2022:

1. China (193.1 tons)
2. United States (27.5 tons)
3. Mexico (21.2 tons)
4. Denmark (5.2 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in the Dominican Republic

In 2022, exports of tubing; flexible, with or without fittings, of base metals from the Dominican Republic shrank remarkably to 6 tons, falling by -54.9% on the year before. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,257%. As a result, the exports attained the peak of 13 tons, and then contracted notably in the following year.

In value terms, exports of tubing; flexible, with or without fittings, of base metals reduced sharply to $11K in 2022. In general, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,029%. As a result, the exports reached the peak of $28K, and then dropped remarkably in the following year.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from the Dominican Republic in 2022:

1. United States (4.4 tons)
2. Haiti (1.5 tons)
3. Turks and Caicos Islands (0.1 tons)

Source: IndexBox Market Intelligence Platform