Dominican Republic: Aluminium Market 2025

Aluminium Market Size in the Dominican Republic

The Dominican aluminium market reduced to $X in 2022, waning by -11.4% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Aluminium Production in the Dominican Republic

In value terms, aluminium production declined modestly to $X in 2022 estimated in export price. Overall, production saw a slight slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by 27% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Aluminium Exports

Exports from the Dominican Republic

In 2022, shipments abroad of aluminum (unwrought, not alloyed) decreased by -81.4% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, enjoyed moderate growth. The pace of growth appeared the most rapid in 2018 when exports increased by 1,043% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, aluminium exports contracted dramatically to $X in 2022. Over the period under review, exports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of 1,079% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for aluminium exports from the Dominican Republic, accounting for a 96% share of total exports. It was followed by Haiti (X kg), with a 2.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to France totaled -25.0%.

In value terms, France ($X) remains the key foreign market for aluminum (unwrought, not alloyed) exports from the Dominican Republic, comprising 96% of total exports. The second position in the ranking was taken by Haiti ($X), with a 2.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to -12.0%.

Export Prices by Country

In 2022, the average aluminium export price amounted to $X per ton, picking up by 78% against the previous year. Over the period under review, the export price recorded a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Haiti stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+17.2%).

Aluminium Imports

Imports into the Dominican Republic

In 2022, after two years of growth, there was significant decline in overseas purchases of aluminum (unwrought, not alloyed), when their volume decreased by -46.8% to X tons. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 60,577%. Over the period under review, imports attained the peak figure at X tons in 2021, and then declined remarkably in the following year.

In value terms, aluminium imports declined markedly to $X in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 61,576% against the previous year. Imports peaked at $X in 2021, and then fell markedly in the following year.

Imports by Country

In 2022, India (X tons) constituted the largest aluminium supplier to the Dominican Republic, accounting for a 80% share of total imports. Moreover, aluminium imports from India exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from India amounted to +100.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (0.0% per year) and South Africa (-81.5% per year).

In value terms, India ($X) constituted the largest supplier of aluminum (unwrought, not alloyed) to the Dominican Republic, comprising 81% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at +116.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (0.0% per year) and South Africa (-80.8% per year).

Import Prices by Country

The average aluminium import price stood at $X per ton in 2022, growing by 13% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium import price increased by +67.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 48% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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