Price for Nickel; Bars, Rods, Profiles and Wire in the Dominican Republic - 2023
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in the Dominican Republic (CIF) - 2022
- Price for Nickel; Bars, Rods, Profiles and Wire in the Dominican Republic (FOB) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in the Dominican Republic
- Exports of Nickel; Bars, Rods, Profiles and Wire in the Dominican Republic
Price for Nickel; Bars, Rods, Profiles and Wire in the Dominican Republic (CIF) - 2022
In 2022, the average import price for nickel; bars, rods, profiles and wires amounted to $53,290 per ton, with a decrease of -29.7% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 an increase of 37% against the previous year. The import price peaked at $75,850 per ton in 2021, and then shrank sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($106,817 per ton), while the price for Italy ($21,829 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Bars, Rods, Profiles and Wire in the Dominican Republic (FOB) - 2022
In 2022, the average export price for nickel; bars, rods, profiles and wires amounted to $4,728 per ton, falling by -68.5% against the previous year. Overall, the export price recorded a dramatic decrease. Over the period under review, the average export prices reached the peak figure at $15,000 per ton in 2021, and then contracted sharply in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($23,000 per ton), while the average price for exports to Haiti stood at $4,667 per ton.
From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+53.3%).
Imports of Nickel; Bars, Rods, Profiles and Wire in the Dominican Republic
For the fourth consecutive year, the Dominican Republic recorded growth in purchases abroad of nickel; bars, rods, profiles and wires, which increased by 358% to 1.8 tons in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; bars, rods, profiles and wires surged to $94K in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods, Profiles and Wire in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | N/A | 9.7 | 43.1 | 344.3% |
| Switzerland | 0.5 | 0.2 | 1.6 | 19.9 | 241.4% |
| Italy | 2.6 | 2.8 | 5.3 | 11.0 | 61.7% |
| Japan | 7.4 | 6.2 | 2.9 | 6.4 | -4.7% |
| Germany | 0.7 | 2.1 | 5.7 | 4.6 | 87.3% |
| China | 1.1 | 1.6 | 2.4 | 3.9 | 52.5% |
| United States | 0.1 | 0.2 | 0.1 | 3.0 | 210.7% |
| Others | 1.0 | 1.5 | 1.5 | 2.6 | 37.5% |
| Total | 13.4 | 14.6 | 29.4 | 94.5 | 91.8% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to the Dominican Republic in 2022:
- Romania (762.0 kg)
- Italy (503.0 kg)
- Switzerland (216.0 kg)
- China (126.0 kg)
- Japan (60.0 kg)
- United States (53.0 kg)
- Germany (14.0 kg)
Exports of Nickel; Bars, Rods, Profiles and Wire in the Dominican Republic
In 2022, the amount of nickel; bars, rods, profiles and wires exported from the Dominican Republic soared to 301 kg, picking up by 7,425% compared with the previous year. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of nickel; bars, rods, profiles and wires soared to $1.4K in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Bars, Rods, Profiles and Wire in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Haiti | N/A | 1,400 | 0% | ||
| United States | 60.0 | 23.0 | -61.7% | ||
| Others | N/A | N/A | 0% | ||
| Total | 60.0 | 1,423 | 2271.7% | ||
Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from the Dominican Republic in 2022:
- Haiti (300.0 kg)
- United States (1.0 kg)
1539
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