Price for Zinc; Powders and Flakes in the Dominican Republic - 2023

Contents:

1. Price for Zinc; Powders and Flakes in the Dominican Republic (FOB) - 2022
2. Price for Zinc; Powders and Flakes in the Dominican Republic (CIF) - 2022
3. Exports of Zinc; Powders and Flakes in the Dominican Republic
4. Imports of Zinc; Powders and Flakes in the Dominican Republic

Price for Zinc; Powders and Flakes in the Dominican Republic (FOB) - 2022

The average zinc; powders and flakes export price stood at $1,469 per ton in 2022, increasing by 16% against the previous year. Overall, the export price saw a moderate increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 47%. Over the period under review, the average export prices attained the maximum at $3,007 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 +1.2% per year.

Price for Zinc; Powders and Flakes in the Dominican Republic (CIF) - 2022

In 2022, the average zinc; powders and flakes import price amounted to $2,849 per ton, declining by -24.4% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 65%. Over the period under review, average import prices attained the peak figure at $6,720 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 China ($3,242 per ton), while the price for Canada ($237 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the prices for the other major suppliers experienced a decline.

Exports of Zinc; Powders and Flakes in the Dominican Republic

After three years of growth, shipments abroad of zinc; powders and flakeses decreased by -33.5% to 12 tons in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 204% against the previous year. As a result, the exports attained the peak of 18 tons, and then dropped sharply in the following year.

In value terms, zinc; powders and flakes exports dropped remarkably to $18K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 82%. As a result, the exports reached the peak of $23K, and then shrank remarkably in the following year.

Top Export Markets for Zinc; Powders and Flakes from the Dominican Republic in 2022:

1. Haiti (12.0 tons)

Imports of Zinc; Powders and Flakes in the Dominican Republic

In 2022, purchases abroad of zinc; powders and flakeses was finally on the rise to reach 2.7 tons after two years of decline. In general, imports, however, recorded a deep contraction.

In value terms, zinc; powders and flakes imports rose sharply to $7.7K in 2022. Over the period under review, imports, however, faced a sharp shrinkage.

Top Suppliers of Zinc; Powders and Flakes to the Dominican Republic in 2022:

1. China (2317.0 kg)
2. United States (266.0 kg)
3. Canada (110.0 kg)

Source: IndexBox Market Intelligence Platform