Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the Dominican Republic - 2023

Contents:

1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the Dominican Republic (CIF) - 2022
2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the Dominican Republic (FOB) - 2022
3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the Dominican Republic
4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the Dominican Republic

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the Dominican Republic (CIF) - 2022

The average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $2,067 per ton in 2022, growing by 12% against the previous year. In general, the import price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 34%. The import price peaked at $10,086 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($21,160 per ton), while the price for China stood at $1,583 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.9%).

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the Dominican Republic (FOB) - 2022

The average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $66,085 per ton in 2022, leveling off at the previous year. Overall, the export price posted significant growth. The most prominent rate of growth was recorded in 2020 an increase of 194% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($129,000 per ton), while the average price for exports to Haiti ($12,800 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+36.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the Dominican Republic

In 2022, the amount of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses imported into the Dominican Republic soared to 244 tons, jumping by 48% on 2021 figures. In general, imports, however, showed a perceptible reduction. The growth pace was the most rapid in 2021 when imports increased by 105% against the previous year.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses skyrocketed to $504K in 2022. Over the period under review, imports showed a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 90% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to the Dominican Republic in 2022:

1. China (237.6 tons)
2. United States (5.8 tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the Dominican Republic

In 2022, the amount of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses exported from the Dominican Republic totaled 117 kg, remaining stable against 2021. In general, exports recorded a dramatic curtailment. The smallest decline of -35.4% was in 2021.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $7.7K in 2022. Overall, exports continue to indicate a slight curtailment.

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from the Dominican Republic in 2022:

1. Bahamas (105.0 kg)
2. United States (7.0 kg)
3. Haiti (5.0 kg)

Source: IndexBox Market Intelligence Platform