Dominican Republic: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2022

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in the Dominican Republic

In 2021, the Dominican market for aluminium alloy plates, sheets and strip of thickness over X mm increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption posted a prominent expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from the Dominican Republic

Exports of aluminium alloy plates, sheets and strip of thickness over X mm from the Dominican Republic soared to X tons in 2021, increasing by X% on 2020 figures. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm expanded remarkably to $X in 2021. Overall, exports, however, saw a slight descent. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Haiti (X tons) was the main destination for exports of aluminium alloy plates, sheets and strip of thickness over X mm from the Dominican Republic, accounting for a X% share of total exports. It was followed by Anguilla (X tons), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Haiti was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to Haiti was relatively modest.

Export Prices by Country

The average export price for aluminium alloy plates, sheets and strip of thickness over X mm stood at $X per ton in 2021, declining by -X% against the previous year. Overall, the export price continues to indicate a dramatic descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was Anguilla ($X per ton), while the average price for exports to Haiti amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Anguilla (X%).

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into the Dominican Republic

In 2021, overseas purchases of aluminium alloy plates, sheets and strip of thickness over X mm were finally on the rise to reach X tons after three years of decline. Over the period under review, imports recorded resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X tons; afterwards, it flattened through to 2021.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm soared to $X in 2021. Overall, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of aluminium alloy plate, sheet and strip of thickness over X mm to the Dominican Republic, accounting for a X% share of total imports. Moreover, imports of aluminium alloy plates, sheets and strip of thickness over X mm from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Italy (+X% per year).

In value terms, China ($X) constituted the largest supplier of aluminium alloy plate, sheet and strip of thickness over X mm to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Spain (+X% per year).

Import Prices by Country

The average import price for aluminium alloy plates, sheets and strip of thickness over X mm stood at $X per ton in 2021, rising by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably countryorigin: the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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