Price for Refined Copper Tube and Pipe in the Dominican Republic - 2023
Contents:
- Price for Refined Copper Tube and Pipe in the Dominican Republic (CIF) - 2022
- Price for Refined Copper Tube and Pipe in the Dominican Republic (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in the Dominican Republic
- Exports of Refined Copper Tube and Pipe in the Dominican Republic
Price for Refined Copper Tube and Pipe in the Dominican Republic (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $11,723 per ton in 2022, which is down by -2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 20% against the previous year. The import price peaked at $11,958 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($17,945 per ton), while the price for China ($10,677 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in the Dominican Republic (FOB) - 2022
The average export price for tubes and pipes of refined copper stood at $3,936 per ton in 2022, declining by -2.8% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 128%. As a result, the export price reached the peak level of $21,777 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,062 per ton), while the average price for exports to Haiti amounted to $3,734 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (-9.4%).
Imports of Refined Copper Tube and Pipe in the Dominican Republic
In 2022, the amount of tubes and pipes of refined copper imported into the Dominican Republic surged to 757 tons, increasing by 79% against 2021. Over the period under review, imports enjoyed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, refined copper tube and pipe imports skyrocketed to $8.9M in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Refined Copper Tube and Pipe in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 2.2 | 2.9 | 5.9 | 31.4% |
| United States | 0.8 | 0.4 | 1.0 | 1.2 | 14.5% |
| Mexico | 0.5 | 0.5 | 0.6 | 1.1 | 30.1% |
| Spain | 0.1 | 0.1 | 0.3 | 0.5 | 71.0% |
| Italy | 0.1 | N/A | 0.3 | 0.1 | 0.0% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 4.1 | 3.2 | 5.1 | 8.9 | 29.5% |
Top Suppliers of Refined Copper Tube and Pipe to the Dominican Republic in 2022:
- China (554.7 tons)
- Mexico (98.5 tons)
- United States (67.4 tons)
- Spain (27.7 tons)
- Italy (2.7 tons)
Exports of Refined Copper Tube and Pipe in the Dominican Republic
In 2022, overseas shipments of tubes and pipes of refined copper decreased by -5% to 12 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,300%.
In value terms, refined copper tube and pipe exports declined to $48K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 866%. As a result, the exports attained the peak of $52K, and then dropped in the following year.
| Export of Refined Copper Tube and Pipe in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 0.6 | 4.7 | 40.2 | 43.7 | 317.6% |
| Turks and Caicos Islands | N/A | N/A | 10.8 | 1.5 | -86.1% |
| United States | N/A | N/A | 0.1 | 1.1 | 1000.0% |
| Others | N/A | 0.7 | 0.9 | 1.7 | 55.8% |
| Total | 0.6 | 5.4 | 52.1 | 48.1 | 331.2% |
Top Export Markets for Refined Copper Tube and Pipe from the Dominican Republic in 2022:
- Haiti (11.7 tons)
- United States (0.3 tons)
- Turks and Caicos Islands (0.2 tons)
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This report provides an in-depth analysis of the market for copper tube and pipe in the Dominican Republic.
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In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
914
In value terms, copper tube and pipe fittings imports stood at $X in 2016. In general, copper tube and pipe fittings imports continue to indicate a relatively flat trend pattern. Over the period unde...
986
In value terms, copper tubes and pipes exports totaled $X in 2016. In general, copper tubes and pipes exports continue to indicate a abrupt deduction. Over the period under review, global copper tu...
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