Price for Chain; Articulated Link, Roller, of Iron or Steel in the Dominican Republic - 2023

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in the Dominican Republic (CIF) - 2022
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in the Dominican Republic (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in the Dominican Republic
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in the Dominican Republic

Price for Chain; Articulated Link, Roller, of Iron or Steel in the Dominican Republic (CIF) - 2022

In 2022, the average import price for chain; articulated link, roller, of iron or steel amounted to $10,295 per ton, jumping by 18% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 37%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 ($27,819 per ton), while the price for China ($9,478 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chain; Articulated Link, Roller, of Iron or Steel in the Dominican Republic (FOB) - 2022

The average export price for chain; articulated link, roller, of iron or steel stood at $30,860 per ton in 2022, jumping by 326% against the previous year. In general, the export price recorded resilient growth. The growth pace was the most rapid in 2017 an increase of 1,022%. The export price peaked at $37,468 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($31,072 per ton), while the average price for exports to Cuba stood at $12,857 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in the Dominican Republic

In 2022, the amount of chain; articulated link, roller, of iron or steel imported into the Dominican Republic rose rapidly to 395 tons, with an increase of 7.6% compared with the year before. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of chain; articulated link, roller, of iron or steel skyrocketed to $4.1M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 52% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to the Dominican Republic in 2022:

1. China (301.0 tons)
2. United States (45.6 tons)
3. Italy (10.7 tons)
4. Japan (7.2 tons)
5. Hong Kong SAR (7.1 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in the Dominican Republic

In 2022, exports of chain; articulated link, roller, of iron or steel from the Dominican Republic reduced notably to 3 tons, waning by -83.2% compared with the previous year. In general, exports recorded a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 679% against the previous year. As a result, the exports reached the peak of 18 tons, and then contracted markedly in the following year.

In value terms, exports of chain; articulated link, roller, of iron or steel contracted remarkably to $93K in 2022. Overall, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 103% against the previous year.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from the Dominican Republic in 2022:

1. Haiti (3.0 tons)

Source: IndexBox Market Intelligence Platform