Price for Wood; Posts and Beams in the Dominican Republic - 2021

Contents:

1. Price for Wood; Posts and Beams in the Dominican Republic (CIF) - 2022
2. Price for Wood; Posts and Beams in the Dominican Republic (FOB) - 2022
3. Imports of Wood; Posts and Beams in the Dominican Republic
4. Exports of Wood; Posts and Beams in the Dominican Republic

Price for Wood; Posts and Beams in the Dominican Republic (CIF) - 2022

The average wood; posts and beams import price stood at $1,015 per ton in 2022, growing by 16% against the previous year. In general, the import price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 40% against the previous year. As a result, import price attained the peak level of $2,201 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1,958 per ton), while the price for the United States ($678 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Posts and Beams in the Dominican Republic (FOB) - 2022

In 2022, the average wood; posts and beams export price amounted to $7,444 per ton, which is down by -12.3% against the previous year. In general, the export price, however, enjoyed a significant increase. The growth pace was the most rapid in 2018 an increase of 426% against the previous year. As a result, the export price reached the peak level of $8,874 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Jamaica.

From 2012 to 2022, the rate of growth in terms of prices for Jamaica amounted to +24.3% per year.

Imports of Wood; Posts and Beams in the Dominican Republic

After two years of decline, supplies from abroad of wood; posts and beamses increased by 130% to 34 tons in 2022. Overall, imports, however, showed a dramatic decrease.

In value terms, wood; posts and beams imports skyrocketed to $34K in 2022. In general, imports, however, faced a significant curtailment.

Top Suppliers of Wood; Posts and Beams to the Dominican Republic in 2022:

1. United States (21.3 tons)
2. Canada (6.2 tons)
3. Mexico (4.4 tons)
4. China (0.9 tons)
5. Spain (0.6 tons)

Exports of Wood; Posts and Beams in the Dominican Republic

Wood; posts and beams exports from the Dominican Republic totaled 252 kg in 2022, increasing by 13% on the previous year's figure. Over the period under review, exports, however, recorded a deep downturn.

In value terms, wood; posts and beams exports fell slightly to $1.9K in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 2.6%. As a result, the exports attained the peak of $1.9K, and then reduced in the following year.

Top Export Markets for Wood; Posts and Beams from the Dominican Republic in 2022:

1. Jamaica (252.0 kg)

Source: IndexBox Market Intelligence Platform