Dominican Republic - Articles Such As Clasps, Frames With Clasps, Parts Of Base Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Clasp Price in the Dominican Republic - 2023
Contents:
- Base Metal Clasp Price in the Dominican Republic (CIF) - 2023
- Base Metal Clasp Price in the Dominican Republic (FOB) - 2022
- Base Metal Clasp Imports in the Dominican Republic
- Base Metal Clasp Exports in the Dominican Republic
Base Metal Clasp Price in the Dominican Republic (CIF) - 2023
In March 2023, the average base metal clasp import price amounted to $14,204 per ton, picking up by 65% against the previous month. Over the period under review, import price indicated a temperate increase from March 2022 to March 2023: its price increased at an average monthly rate of +2.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, base metal clasp import price increased by +65.2% against February 2023 indices. Over the period under review, average import prices hit record highs at $17,674 per ton in August 2022; however, from September 2022 to March 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Brazil ($42,830 per ton), while the price for Mexico ($8,470 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Brazil (+3.7%), while the prices for the other major suppliers experienced a decline.
Base Metal Clasp Price in the Dominican Republic (FOB) - 2022
In 2022, the average base metal clasp export price amounted to $9,863 per ton, with an increase of 9.2% against the previous year. In general, the export price recorded a perceptible increase. The pace of growth appeared the most rapid in 2015 an increase of 111%. As a result, the export price reached the peak level of $13,210 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($23,330 per ton), while the average price for exports to the United States stood at $7,356 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+341.9%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Clasp Imports in the Dominican Republic
In 2022, base metal clasp imports into the Dominican Republic reduced to 786 tons, which is down by -14.3% on the year before. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of 917 tons, and then shrank in the following year.
In value terms, base metal clasp imports shrank to $8.6M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of $10M, and then declined in the following year.
| Import of Base Metal Clasp in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.3 | 3.6 | 6.3 | 5.2 | -0.6% |
| China | 2.9 | 3.0 | 2.6 | 2.3 | -7.4% |
| Mexico | N/A | N/A | 0.5 | 0.4 | -20.0% |
| Hong Kong SAR | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
| Others | 0.4 | 0.2 | 0.2 | 0.3 | -9.1% |
| Total | 8.8 | 7.1 | 10.0 | 8.6 | -0.8% |
Top Suppliers of Base Metal Clasp to the Dominican Republic in 2022:
- United States (430.8 tons)
- China (280.4 tons)
- Mexico (40.4 tons)
- Hong Kong SAR (23.2 tons)
Base Metal Clasp Exports in the Dominican Republic
In 2022, overseas shipments of articles such as clasps, frames with clasps, parts of base metal decreased by -28% to 16 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 128%. As a result, the exports reached the peak of 22 tons, and then declined dramatically in the following year.
In value terms, base metal clasp exports declined sharply to $158K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 104% against the previous year.
| Export of Base Metal Clasp in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.4 | 48.4 | 87.3 | 99.3 | 313.9% |
| Haiti | 5.5 | 56.1 | 51.5 | 58.6 | 120.0% |
| Thailand | 14.5 | N/A | 3.5 | N/A | -50.9% |
| China | N/A | N/A | 57.9 | N/A | 0% |
| Honduras | 29.1 | N/A | N/A | N/A | 0% |
| Others | 5.8 | 10.4 | 0.7 | N/A | -65.3% |
| Total | 56.2 | 115 | 201 | 158 | 41.1% |
Top Export Markets for Base Metal Clasp from the Dominican Republic in 2022:
- United States (13.5 tons)
- Haiti (2.5 tons)
This report provides an in-depth analysis of the base metal clasp 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 25992570 - Articles such as clasps, frames with clasps..., parts of base metal
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the base metal clasp market in the Dominican Republic.
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