Dominican Republic: Carbon Electrode Market 2025

Carbon Electrode Market Size in the Dominican Republic

In 2022, the Dominican carbon electrode market decreased by -8.9% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, recorded a slight expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Carbon Electrode Production in the Dominican Republic

In value terms, carbon electrode production surged to $X in 2022 estimated in export price. In general, production recorded slight growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by 101%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Carbon Electrode Exports

Exports from the Dominican Republic

Carbon electrode exports from the Dominican Republic rose remarkably to X tons in 2022, picking up by 6.5% against 2021 figures. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 86,212%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, carbon electrode exports expanded sharply to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 54,182% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for carbon electrode exports from the Dominican Republic, with a approx. 99.9% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to the United States amounted to +317.5%.

In value terms, the United States ($X) also remains the key foreign market for carbon electrodes exports from the Dominican Republic.

From 2013 to 2022, the average annual growth rate of value to the United States totaled +409.3%.

Export Prices by Country

The average carbon electrode export price stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the export price showed significant growth. The pace of growth appeared the most rapid in 2015 an increase of 550% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to +22.0% per year.

Carbon Electrode Imports

Imports into the Dominican Republic

Carbon electrode imports into the Dominican Republic contracted dramatically to X tons in 2022, which is down by -47.8% on 2021 figures. In general, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2016 when imports increased by 3,683%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, carbon electrode imports reduced rapidly to $X in 2022. Overall, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 769% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of carbon electrode to the Dominican Republic, with a 74% share of total imports. Moreover, carbon electrode imports from Poland exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was taken by Germany (X tons), with a 7.8% share.

From 2012 to 2022, the average annual growth rate of volume from Poland stood at +7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+47.9% per year) and Germany (+18.5% per year).

In value terms, Poland ($X) constituted the largest supplier of carbon electrodes to the Dominican Republic, comprising 76% of total imports. The second position in the ranking was held by China ($X), with a 15% share of total imports. It was followed by Germany, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value from Poland stood at +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+35.0% per year) and Germany (+18.3% per year).

Import Prices by Country

The average carbon electrode import price stood at $X per ton in 2022, rising by 16% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 192% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 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 the United States (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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