Dominican Republic: Market for Articles Of Non-Malleable Cast Iron 2025

Market Size for Articles Of Non-Malleable Cast Iron in the Dominican Republic

The Dominican non-malleable cast iron articles market declined remarkably to $X in 2022, with a decrease of -16.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, posted a strong expansion. Non-malleable cast iron articles consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Exports of Articles Of Non-Malleable Cast Iron

Exports from the Dominican Republic

In 2022, approx. X kg of articles of non-malleable cast iron were exported from the Dominican Republic; waning by -70.9% compared with the previous year's figure. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by 4,376%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, non-malleable cast iron articles exports shrank rapidly to $X in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2014 with an increase of 4,833%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Haiti (X kg) was the main destination for non-malleable cast iron articles exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Haiti amounted to +17.0%.

In value terms, Haiti ($X) also remains the key foreign market for articles of non-malleable cast iron exports from the Dominican Republic.

From 2013 to 2022, the average annual rate of growth in terms of value to Haiti totaled +3.2%.

Export Prices by Country

In 2022, the average non-malleable cast iron articles export price amounted to $X per ton, declining by -7.4% against the previous year. In general, the export price, however, recorded significant growth. The most prominent rate of growth was recorded in 2015 an increase of 2,049% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 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 Haiti.

From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to +17.0% per year.

Imports of Articles Of Non-Malleable Cast Iron

Imports into the Dominican Republic

In 2022, purchases abroad of articles of non-malleable cast iron decreased by -46.5% to X tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded a strong increase. The growth pace was the most rapid in 2015 when imports increased by 395%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, non-malleable cast iron articles imports fell to $X in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 513%. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of non-malleable cast iron articles to the Dominican Republic, accounting for a 85% share of total imports. Moreover, non-malleable cast iron articles imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +28.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.7% per year) and Italy (-48.6% per year).

In value terms, the United States ($X) constituted the largest supplier of articles of non-malleable cast iron to the Dominican Republic, comprising 92% of total imports. The second position in the ranking was taken by China ($X), with a 6.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +48.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+16.8% per year) and Italy (-39.8% per year).

Import Prices by Country

In 2022, the average non-malleable cast iron articles import price amounted to $X per ton, picking up by 87% against the previous year. Over the period under review, the import price saw a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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