Dominican Republic - Iron Or Steel Springs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Spiral or Discs Spring in the Dominican Republic - 2023
Contents:
- Price for Metal Spiral or Discs Spring in the Dominican Republic (CIF) - 2022
- Price for Metal Spiral or Discs Spring in the Dominican Republic (FOB) - 2022
- Imports of Metal Spiral or Discs Spring in the Dominican Republic
- Exports of Metal Spiral or Discs Spring in the Dominican Republic
Price for Metal Spiral or Discs Spring in the Dominican Republic (CIF) - 2022
The average import price for iron or steel flat spiral or discs springs stood at $7,310 per ton in 2022, reducing by -26.5% against the previous year. In general, the import price showed a pronounced reduction. The most prominent rate of growth was recorded in 2015 an increase of 34% against the previous year. Over the period under review, average import prices attained the maximum at $21,542 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 Germany ($36,010 per ton), while the price for El Salvador ($1,857 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Metal Spiral or Discs Spring in the Dominican Republic (FOB) - 2022
The average export price for iron or steel flat spiral or discs springs stood at $1,081 per ton in 2022, increasing by 37% against the previous year. In general, the export price, however, continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2014 when the average export price increased by 42% against the previous year. The export price peaked at $1,908 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Jamaica ($1,397 per ton), while the average price for exports to the United States stood at $1,055 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+1.8%).
Imports of Metal Spiral or Discs Spring in the Dominican Republic
After three years of growth, overseas purchases of iron or steel flat spiral or discs springs decreased by -15.6% to 558 tons in 2022. In general, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 78% against the previous year. As a result, imports attained the peak of 660 tons, and then reduced notably in the following year.
In value terms, metal spiral or discs spring imports declined rapidly to $4.1M in 2022. Over the period under review, imports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 37%. As a result, imports reached the peak of $6.6M, and then contracted notably in the following year.
| Import of Metal Spiral or Discs Spring in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.8 | 3.2 | 5.5 | 2.7 | -1.2% |
| China | 0.2 | 0.2 | 0.2 | 0.6 | 44.2% |
| El Salvador | N/A | N/A | 0.4 | 0.4 | 0.0% |
| United Kingdom | 1.1 | 1.1 | 0.2 | 0.2 | -43.3% |
| Others | 0.5 | 0.3 | 0.3 | 0.3 | -15.7% |
| Total | 4.6 | 4.8 | 6.6 | 4.1 | -3.8% |
Top Suppliers of Metal Spiral or Discs Spring to the Dominican Republic in 2022:
- United States (255.9 tons)
- El Salvador (192.1 tons)
- China (66.9 tons)
- United Kingdom (24.2 tons)
Exports of Metal Spiral or Discs Spring in the Dominican Republic
In 2022, after three years of growth, there was significant decline in shipments abroad of iron or steel flat spiral or discs springs, when their volume decreased by -72.9% to 368 tons. Over the period under review, exports recorded a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 53%.
In value terms, metal spiral or discs spring exports reduced remarkably to $398K in 2022. Overall, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 82% against the previous year. As a result, the exports reached the peak of $1.1M, and then contracted rapidly in the following year.
| Export of Metal Spiral or Discs Spring in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 454 | 550 | 1,031 | 376 | -6.1% |
| Jamaica | 24.9 | 21.6 | 23.1 | 11.7 | -22.3% |
| Others | 40.6 | 18.5 | 22.0 | 10.6 | -36.1% |
| Total | 520 | 590 | 1,076 | 398 | -8.5% |
Top Export Markets for Metal Spiral or Discs Spring from the Dominican Republic in 2022:
- United States (356.3 tons)
- Jamaica (8.4 tons)
This report provides an in-depth analysis of the market for metal spiral or discs spring 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 25931653 - Iron or steel flat spiral springs
- Prodcom 25931655 - Iron or steel discs springs
- Prodcom 25931660 - Iron or steel springs (excluding leaf-springs and leaves therefor, helical springs, flat spiral springs, discs springs)
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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Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
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Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
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Explore the top import markets for steel springs worldwide, including key statistics and import values. Learn about the leading countries in steel spring imports and their industrial sectors driving the demand.
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Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
1444
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
