Price for Zinc; Bars, Rods, Profiles and Wire in the Dominican Republic - 2023
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in the Dominican Republic (CIF) - 2022
- Price for Zinc; Bars, Rods, Profiles and Wire in the Dominican Republic (FOB) - 2022
- Imports of Zinc; Bars, Rods, Profiles and Wire in the Dominican Republic
- Exports of Zinc; Bars, Rods, Profiles and Wire in the Dominican Republic
Price for Zinc; Bars, Rods, Profiles and Wire in the Dominican Republic (CIF) - 2022
In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $5,791 per ton, increasing by 2.5% against the previous year. In general, the import price continues to indicate a resilient expansion. The growth pace was the most rapid in 2016 an increase of 89% against the previous year. Over the period under review, average import prices attained the maximum at $11,716 per ton in 2018; however, from 2019 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 ($7,145 per ton), while the price for Finland ($3,284 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Zinc; Bars, Rods, Profiles and Wire in the Dominican Republic (FOB) - 2022
The average export price for zinc; bars, rods, profiles and wires stood at $2,333 per ton in 2022, stabilizing at the previous year. Overall, the export price enjoyed a resilient increase. The pace of growth was the most pronounced in 2013 a decrease of -29.1% against the previous year. The export price peaked at $10,909 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Antigua and Barbuda ($5,000 per ton), while the average price for exports to Haiti ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Antigua and Barbuda (+13.2%), while the prices for the other major destinations experienced a decline.
Imports of Zinc; Bars, Rods, Profiles and Wire in the Dominican Republic
Imports of zinc; bars, rods, profiles and wires into the Dominican Republic fell dramatically to 12 tons in 2022, waning by -61.2% against the previous year's figure. Over the period under review, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 177%. As a result, imports reached the peak of 32 tons, and then dropped markedly in the following year.
In value terms, imports of zinc; bars, rods, profiles and wires dropped notably to $72K in 2022. Overall, imports showed a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 235% against the previous year.
| Import of Zinc; Bars, Rods, Profiles and Wire in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 33.6 | 16.9 | 32.8 | 23.6 | -11.1% |
| Germany | N/A | N/A | 2.5 | 15.3 | 512.0% |
| Italy | 23.2 | 10.2 | 17.3 | 10.9 | -22.3% |
| China | 4.4 | 9.4 | 18.7 | 9.4 | 28.8% |
| United States | 146 | 7.2 | 101 | 7.9 | -62.2% |
| Finland | 6.9 | 3.4 | 6.0 | 4.0 | -16.6% |
| Vietnam | N/A | 4.6 | N/A | N/A | 0% |
| Others | 7.4 | 2.2 | 2.6 | 0.8 | -52.4% |
| Total | 221 | 54.0 | 181 | 71.8 | -31.3% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to the Dominican Republic in 2022:
- Peru (3.3 tons)
- Germany (2.9 tons)
- China (2.2 tons)
- Italy (1.5 tons)
- United States (1.3 tons)
- Finland (1.2 tons)
Exports of Zinc; Bars, Rods, Profiles and Wire in the Dominican Republic
In 2022, shipments abroad of zinc; bars, rods, profiles and wires decreased by 0% to 3 kg, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2020 when exports increased by 89,164%. As a result, the exports reached the peak of 20 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of zinc; bars, rods, profiles and wires stood at $7 in 2022. Over the period under review, exports recorded a sharp slump. The pace of growth was the most pronounced in 2020 with an increase of 33,300%. As a result, the exports attained the peak of $80K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Zinc; Bars, Rods, Profiles and Wire in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | N/A | N/A | N/A | N/A | 0% |
| Colombia | N/A | 75.0 | N/A | N/A | 0% |
| Antigua and Barbuda | 0.2 | 5.2 | N/A | N/A | 2500.0% |
| Saint Lucia | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.2 | 80.2 | N/A | N/A | 40000.0% |
Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from the Dominican Republic in 2022:
- Saint Lucia (1.0 kg)
- Antigua and Barbuda (1.0 kg)
- Haiti (1.0 kg)
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