Price for Carbides, Whether or Not Chemically Defined in the Dominican Republic - 2023

Contents:

1. Price for Carbides, Whether or Not Chemically Defined in the Dominican Republic (CIF) - 2022
2. Price for Carbides, Whether or Not Chemically Defined in the Dominican Republic (FOB) - 2022
3. Imports of Carbides, Whether or Not Chemically Defined in the Dominican Republic
4. Exports of Carbides, Whether or Not Chemically Defined in the Dominican Republic

Price for Carbides, Whether or Not Chemically Defined in the Dominican Republic (CIF) - 2022

In 2022, the average import price for carbides, whether or not chemically defineds amounted to $1,811 per ton, growing by 35% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for carbides, whether or not chemically defineds increased by +79.8% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,930 per ton), while the price for Mexico ($1,685 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbides, Whether or Not Chemically Defined in the Dominican Republic (FOB) - 2022

In 2022, the average export price for carbides, whether or not chemically defineds amounted to $1,814 per ton, remaining relatively unchanged against the previous year. Overall, the export price, however, showed a remarkable increase. The pace of growth was the most pronounced in 2021 an increase of 72%. As a result, the export price reached the peak level of $1,815 per ton, leveling off in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to +10.2% per year.

Imports of Carbides, Whether or Not Chemically Defined in the Dominican Republic

In 2022, imports of carbides, whether or not chemically defineds into the Dominican Republic skyrocketed to 597 tons, increasing by 88% on the year before. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of carbides, whether or not chemically defineds soared to $1.1M in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Carbides, Whether or Not Chemically Defined to the Dominican Republic in 2022:

1. China (266.1 tons)
2. Mexico (216.0 tons)
3. Brazil (106.5 tons)

Exports of Carbides, Whether or Not Chemically Defined in the Dominican Republic

In 2022, shipments abroad of carbides, whether or not chemically defineds was finally on the rise to reach 27 tons after two years of decline. In general, exports, however, continue to indicate a precipitous shrinkage.

In value terms, exports of carbides, whether or not chemically defineds expanded markedly to $49K in 2022. Overall, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 11% against the previous year.

Top Export Markets for Carbides, Whether or Not Chemically Defined from the Dominican Republic in 2022:

1. Haiti (27.1 tons)

Source: IndexBox Market Intelligence Platform