Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Dominican Republic - 2023
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Dominican Republic (CIF) - 2022
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Dominican Republic (FOB) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Dominican Republic
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Dominican Republic
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Dominican Republic (CIF) - 2022
In 2022, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $1,462 per ton, approximately mirroring the previous year. In general, the import price saw a noticeable reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by 153%. Over the period under review, average import prices reached the maximum at $2,037 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($8,459 per ton), while the price for China ($1,353 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Dominican Republic (FOB) - 2022
In 2022, the average export price for steel alloy wire of materials other than silico-manganese steels amounted to $1,477 per ton, approximately mirroring the previous year. Over the period under review, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 274% against the previous year. The export price peaked at $195,000 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($1,495 per ton), while the average price for exports to Antigua and Barbuda totaled $1,022 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (-17.4%).
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Dominican Republic
Imports of steel alloy wire of materials other than silico-manganese steels into the Dominican Republic surged to 976 tons in 2022, picking up by 74% compared with the year before. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 99%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels skyrocketed to $1.4M in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 405% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 502 | 57.3 | 493 | 1,146 | 31.7% |
| Mexico | 56.4 | 27.7 | 54.9 | 90.4 | 17.0% |
| Costa Rica | 22.1 | 36.8 | 153 | 89.3 | 59.3% |
| Turkey | 22.5 | 7.9 | 13.7 | 19.7 | -4.3% |
| United States | 36.1 | 18.8 | 80.6 | 10.2 | -34.4% |
| Others | 51.4 | 15.7 | 33.9 | 70.9 | 11.3% |
| Total | 691 | 164 | 829 | 1,427 | 27.3% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to the Dominican Republic in 2022:
- China (847.2 tons)
- Costa Rica (61.8 tons)
- Mexico (24.6 tons)
- Turkey (12.9 tons)
- United States (3.0 tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Dominican Republic
In 2022, the amount of steel alloy wire of materials other than silico-manganese steels exported from the Dominican Republic stood at 175 tons, approximately equating 2021 figures. Overall, exports saw a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels totaled $259K in 2022. Over the period under review, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Panama | 0.2 | N/A | 238 | 3349.6% | |
| Antigua and Barbuda | N/A | N/A | 15.7 | 0% | |
| Others | N/A | N/A | 4.6 | 0% | |
| Total | 0.2 | N/A | 259 | 3498.6% | |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from the Dominican Republic in 2022:
- Panama (159.4 tons)
- Antigua and Barbuda (15.4 tons)
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