Price for Stainless Steel in Ingots or Other Primary Forms in the Dominican Republic - 2022
Contents:
- Price for Stainless Steel in Ingots or Other Primary Forms in the Dominican Republic (CIF) - 2022
- Imports of Stainless Steel in Ingots or Other Primary Forms in the Dominican Republic
Price for Stainless Steel in Ingots or Other Primary Forms in the Dominican Republic (CIF) - 2022
The average import price for stainless steel in ingots or other primary forms stood at $35,605 per ton in 2022, remaining stable against the previous year. In general, the import price enjoyed resilient growth. The pace of growth appeared the most rapid in 2020 an increase of 272%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($45,028 per ton), while the price for the United States amounted to $9,093 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+36.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Stainless Steel in Ingots or Other Primary Forms in the Dominican Republic
For the third consecutive year, the Dominican Republic recorded decline in purchases abroad of stainless steel in ingots or other primary forms, which decreased by 0% to 778 kg in 2022. Overall, imports recorded a dramatic downturn. The smallest decline of -99.7% was in 2020.
In value terms, imports of stainless steel in ingots or other primary forms amounted to $28K in 2022. Over the period under review, imports saw a precipitous curtailment. The smallest decline of -99% was in 2020.
| Import of Stainless Steel in Ingots or Other Primary Forms in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.6 | 0.1 | N/A | 25.8 | 57.5% |
| United States | 16.0 | 0.1 | N/A | 1.9 | -50.8% |
| China | 85.3 | 0.8 | N/A | N/A | -99.1% |
| United Kingdom | 22.4 | 0.2 | N/A | N/A | -99.1% |
| Others | 10.7 | 0.1 | N/A | N/A | -99.1% |
| Total | 141 | 1.5 | N/A | 27.7 | -41.9% |
Top Suppliers of Stainless Steel in Ingots or Other Primary Forms to the Dominican Republic in 2022:
- Italy (574.0 kg)
- United States (204.0 kg)
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