Salts; Tungstates (Wolframates) Price in the Dominican Republic - 2022

Contents:

  1. Salts; Tungstates (Wolframates) Price in the Dominican Republic (CIF) - 2022
  2. Salts; Tungstates (Wolframates) Imports in the Dominican Republic

Salts; Tungstates (Wolframates) Price in the Dominican Republic (CIF) - 2022

In 2022, the average salts; tungstates (wolframates) import price amounted to $21,772 per ton, which is down by -2.5% against the previous year. Overall, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 38%. As a result, import price reached the peak level of $49,500 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.5% per year.

Salts; Tungstates (Wolframates) Imports in the Dominican Republic

Salts; tungstates (wolframates) imports into the Dominican Republic soared to 688 kg in 2022, growing by 59% on the previous year. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 300%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, salts; tungstates (wolframates) imports skyrocketed to $15K in 2022. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 241%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Salts; Tungstates (Wolframates) in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.34.39.715.0126.0%
OthersN/AN/AN/AN/A0%
Total1.34.39.715.0126.0%

Top Suppliers of Salts; Tungstates (Wolframates) to the Dominican Republic in 2022:

  1. United States (688.0 kg)

Source: IndexBox Market Intelligence Platform

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