Dominican Republic - Unwrought Aluminium Alloys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUnwrought Aluminium Alloys Price in the Dominican Republic - 2023
Contents:
- Unwrought Aluminium Alloys Price in the Dominican Republic (CIF) - 2022
- Unwrought Aluminium Alloys Price in the Dominican Republic (FOB) - 2022
- Unwrought Aluminium Alloys Imports in the Dominican Republic
- Unwrought Aluminium Alloys Exports in the Dominican Republic
Unwrought Aluminium Alloys Price in the Dominican Republic (CIF) - 2022
In 2022, the average unwrought aluminium alloys import price amounted to $2,901 per ton, which is down by -10.1% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unwrought aluminium alloys import price increased by +59.0% against 2018 indices. The growth pace was the most rapid in 2021 when the average import price increased by 50%. As a result, import price reached the peak level of $3,228 per ton, and then contracted in the following year.
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 Venezuela ($3,394 per ton), while the price for Vietnam ($2,158 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Unwrought Aluminium Alloys Price in the Dominican Republic (FOB) - 2022
The average unwrought aluminium alloys export price stood at $1,402 per ton in 2022, rising by 21% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unwrought aluminium alloys export price increased by +26.3% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 45%. Over the period under review, the average export prices reached the peak figure at $2,017 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +94.0% per year.
Unwrought Aluminium Alloys Imports in the Dominican Republic
In 2022, the amount of unwrought aluminium alloys imported into the Dominican Republic contracted rapidly to 1.6K tons, with a decrease of -28.1% on the previous year. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 129% against the previous year.
In value terms, unwrought aluminium alloys imports declined remarkably to $4.7M in 2022. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 243% against the previous year. As a result, imports attained the peak of $7.4M, and then declined notably in the following year.
| Import of Unwrought Aluminium Alloys in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,391 | 213 | 3,102 | 1,593 | 4.6% |
| Venezuela | 1,867 | 1,006 | 1,204 | 986 | -19.2% |
| United States | 213 | 21.9 | 965 | 964 | 65.4% |
| Colombia | 853 | 314 | 812 | 417 | -21.2% |
| Vietnam | 226 | 352 | 703 | 361 | 16.9% |
| China | 7.1 | 12.2 | 59.6 | 185 | 196.5% |
| Turkey | 149 | 119 | 310 | 159 | 2.2% |
| Taiwan (Chinese) | 178 | 106 | 180 | 78.8 | -23.8% |
| South Korea | 363 | N/A | N/A | N/A | 0% |
| Others | 478 | 2.6 | 16.1 | 4.7 | -78.6% |
| Total | 5,726 | 2,146 | 7,352 | 4,749 | -6.0% |
Top Suppliers of Unwrought Aluminium Alloys to the Dominican Republic in 2022:
- Mexico (487.1 tons)
- United States (369.8 tons)
- Venezuela (290.5 tons)
- Vietnam (167.4 tons)
- Colombia (136.8 tons)
- China (70.7 tons)
- Turkey (62.2 tons)
- Taiwan (Chinese) (51.6 tons)
Unwrought Aluminium Alloys Exports in the Dominican Republic
In 2022, overseas shipments of unwrought aluminium alloys were finally on the rise to reach 18 tons after two years of decline. In general, exports, however, faced a precipitous curtailment.
In value terms, unwrought aluminium alloys exports soared to $25K in 2022. Overall, exports, however, continue to indicate a precipitous decrease.
| Export of Unwrought Aluminium Alloys in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.8 | 11.9 | 19.2 | 24.8 | 139.7% |
| Mexico | 75.7 | N/A | N/A | N/A | 0% |
| China | N/A | 18.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 77.5 | 30.5 | 19.2 | 24.8 | -31.6% |
Top Export Markets for Unwrought Aluminium Alloys from the Dominican Republic in 2022:
- United States (17.7 tons)
This report provides an in-depth analysis of the unwrought aluminium alloys market 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 2025.
Product coverage:
- Prodcom 24421154 - Unwrought aluminium alloys (excluding aluminium powders and flakes)
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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