Dominican Republic: Articles Of Zinc Market 2025

Articles Of Zinc Market Size in the Dominican Republic

In 2021, after six years of growth, there was decline in the Dominican articles of zinc market, when its value decreased by -1.7% to $X. In general, the total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +77.0% against 2014 indices. Articles of zinc consumption peaked at $X in 2020, and then declined slightly in the following year.

Articles Of Zinc Production in the Dominican Republic

In value terms, articles of zinc production dropped modestly to $X in 2021 estimated in export price. Overall, the total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +72.8% against 2014 indices. The growth pace was the most rapid in 2019 when the production volume increased by 19% against the previous year. Articles of zinc production peaked at $X in 2020, and then contracted in the following year.

Articles Of Zinc Exports

Exports from the Dominican Republic

In 2021, the amount of articles of zinc exported from the Dominican Republic reduced rapidly to X tons, which is down by -46.4% on the previous year. Over the period under review, exports faced a dramatic downturn. The pace of growth was the most pronounced in 2015 with an increase of 19% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, articles of zinc exports shrank dramatically to $X in 2021. In general, exports showed a significant contraction. The smallest decline of -23.8% was in 2019. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Haiti (X tons) was the main destination for articles of zinc exports from the Dominican Republic, accounting for a 85% share of total exports. Moreover, articles of zinc exports to Haiti exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Haiti amounted to -16.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-42.1% per year) and Jamaica (-42.8% per year).

In value terms, Haiti ($X) remains the key foreign market for articles of zinc exports from the Dominican Republic, comprising 65% of total exports. The second position in the ranking was taken by Jamaica ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Haiti totaled -11.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (-36.3% per year) and the United States (-39.7% per year).

Export Prices by Country

In 2021, the average articles of zinc export price amounted to $X per ton, rising by 8.2% against the previous year. In general, the export price posted a perceptible expansion. The growth pace was the most rapid in 2014 an increase of 55% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Jamaica ($X per ton), while the average price for exports to Haiti ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Articles Of Zinc Imports

Imports into the Dominican Republic

Articles of zinc imports into the Dominican Republic skyrocketed to X tons in 2021, with an increase of 46% compared with 2020. Overall, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 153% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, articles of zinc imports skyrocketed to $X in 2021. In general, imports enjoyed a strong increase. The pace of growth appeared the most rapid in 2013 when imports increased by 149% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Taiwan (Chinese) (X tons), Portugal (X tons) and China (X tons) were the main suppliers of articles of zinc imports to the Dominican Republic, together comprising 56% of total imports. Mexico, Vietnam, Panama, the UK and the United States lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +82.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), China ($X) and Portugal ($X) were the largest articles of zinc suppliers to the Dominican Republic, with a combined 51% share of total imports. The UK, Vietnam, Panama, Mexico and the United States lagged somewhat behind, together accounting for a further 28%.

In terms of the main suppliers, Mexico, with a CAGR of +71.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average articles of zinc import price stood at $X per ton in 2021, surging by 5.7% against the previous year. In general, import price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, articles of zinc import price increased by +70.1% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 45% against the previous year. The import price peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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