Report Update May 1, 2024

Dominican Republic - Iron or Steel Screw Hooks and Screw Rings - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Metal Screw Hook Market 2024

Metal Screw Hook Market Size in the Dominican Republic

In 2022, the Dominican metal screw hook market increased by 42% to $X, rising for the second consecutive year after four years of decline. Overall, consumption, however, saw a relatively flat trend pattern. Metal screw hook consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Metal Screw Hook Exports

Exports from the Dominican Republic

Metal screw hook exports from the Dominican Republic fell dramatically to X kg in 2022, waning by -93.9% against the previous year's figure. In general, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 4,527%. As a result, the exports reached the peak of X kg, and then contracted sharply in the following year.

In value terms, metal screw hook exports shrank to $X in 2022. Overall, exports, however, enjoyed mild growth. The most prominent rate of growth was recorded in 2018 with an increase of 1,053% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Haiti (X kg) and the United States (X kg) were the main destinations of metal screw hook exports from the Dominican Republic.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +37.0%).

In value terms, Haiti ($X) and the United States ($X) were the largest markets for metal screw hook exported from the Dominican Republic worldwide.

Haiti, with a CAGR of +28.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average metal screw hook export price amounted to $X per ton, surging by 1,295% against the previous year. Over the period under review, the export price, however, showed a drastic downturn. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($X per ton), while the average price for exports to the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (-0.6%).

Metal Screw Hook Imports

Imports into the Dominican Republic

In 2022, metal screw hook imports into the Dominican Republic skyrocketed to X tons, jumping by 59% compared with 2021 figures. Overall, imports saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 149%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, metal screw hook imports surged to $X in 2022. Over the period under review, imports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 117% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main metal screw hook supplier to the Dominican Republic, with a 97% share of total imports. It was followed by the United States (X tons), with a 1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +24.3%.

In value terms, China ($X) constituted the largest supplier of iron or steel screw hooks and screw rings to the Dominican Republic, comprising 78% of total imports. The second position in the ranking was held by the United States ($X), with a 5.5% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +6.4%.

Import Prices by Country

The average metal screw hook import price stood at $X per ton in 2022, dropping by -23.9% against the previous year. In general, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 32%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel screw hooks and screw rings in the world?

Italy remains the largest metal screw hook consuming country worldwide, comprising approx. 60% of total volume. Moreover, metal screw hook consumption in Italy exceeded the figures recorded by the second-largest consumer, China, sixfold. The United States ranked third in terms of total consumption with a 5.7% share.

What are the largest producers of iron or steel screw hooks and screw rings in the world?

Italy constituted the country with the largest volume of metal screw hook production, comprising approx. 62% of total volume. Moreover, metal screw hook production in Italy exceeded the figures recorded by the second-largest producer, China, fivefold. The United States ranked third in terms of total production with a 5.2% share.

What are the leading suppliers of iron or steel screw hooks and screw rings to the Dominican Republic?

In value terms, China constituted the largest supplier of iron or steel screw hooks and screw rings to the Dominican Republic, comprising 78% of total imports. The second position in the ranking was taken by the United States, with a 5.5% share of total imports.

What are the leading importers of iron or steel screw hooks and screw rings from the Dominican Republic?

In value terms, the largest markets for metal screw hook exported from the Dominican Republic were Haiti $95) and the United States $50).

What is the average export price for iron or steel screw hooks and screw rings in the Dominican Republic?

The average metal screw hook export price stood at $3,416 per ton in 2022, jumping by 1,295% against the previous year.

What is the average import price for iron or steel screw hooks and screw rings in the Dominican Republic?

In 2022, the average metal screw hook import price amounted to $1,480 per ton, shrinking by -23.9% against the previous year.

This report provides an in-depth analysis of the metal screw hook market in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25941157 - Iron or steel screw hooks and screw rings

Country coverage:

Dominican Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Dominican Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023