Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the Dominican Republic - 2023

Contents:

  1. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the Dominican Republic (CIF) - 2022
  2. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the Dominican Republic (FOB) - 2022
  3. Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the Dominican Republic
  4. Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the Dominican Republic

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the Dominican Republic (CIF) - 2022

The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $52 per unit in 2022, increasing by 70% against the previous year. Over the period under review, the import price recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 306%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Canada amounted to +19.7% per year.

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the Dominican Republic (FOB) - 2022

The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $20 per unit in 2022, approximately mirroring the previous year. In general, the export price saw significant growth. The growth pace was the most rapid in 2021 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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

From 2018 to 2022, the rate of growth in terms of prices for the United States amounted to +32.2% per year.

Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the Dominican Republic

Imports of non-electric iron or steel central heating radiators other than of cast iron into the Dominican Republic surged to 5.3K units in 2022, jumping by 62% compared with the previous year's figure. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 85%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron skyrocketed to $278K in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.72.638.4276205.3%
Germany0.21.55.9N/A443.1%
Canada15.727.332.5N/A43.9%
Others6.69.423.81.2-43.3%
Total32.240.7101278105.1%

Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron to the Dominican Republic in 2022:

  1. United States (5.3K units)

Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the Dominican Republic

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron exported from the Dominican Republic was estimated at 20 units, approximately mirroring the previous year. Over the period under review, exports showed a sharp decline. The smallest decline of 99.9% was in 2021. The exports peaked at 40 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron stood at $400 in 2022. In general, exports showed a sharp shrinkage. The smallest decline of 99.9% was in 2021. The exports peaked at $800 in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in the Dominican Republic (USD)
COUNTRY202020212022CAGR,
2020-2022
United States563N/A400-15.7%
Portugal237N/AN/A0%
OthersN/AN/AN/A0%
Total800N/A400-29.3%

Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron from the Dominican Republic in 2022:

  1. United States (20.0 units)

Source: IndexBox Market Intelligence Platform

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