Dominican Republic: Market for Carbon Electrodes Not For Furnaces 2025

Market Size for Carbon Electrodes Not For Furnaces in the Dominican Republic

The Dominican market for carbon electrodes not for furnaces stood at $X in 2022, surging by X% against the previous year. Over the period under review, consumption saw significant growth. Carbon electrode not for furnaces consumption peaked in 2022 and is likely to see steady growth in years to come.

Production of Carbon Electrodes Not For Furnaces in the Dominican Republic

In value terms, carbon electrode not for furnaces production expanded modestly to $X in 2022 estimated in export price. Overall, production saw a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Carbon electrode not for furnaces production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Carbon Electrodes Not For Furnaces

Exports from the Dominican Republic

In 2022, the amount of carbon electrodes not for furnaces exported from the Dominican Republic expanded remarkably to X tons, surging by X% on the previous year. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. 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 not for furnaces exports expanded markedly to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% 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 not for furnaces exports from the Dominican Republic, with a approx. X% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to the United States stood at X%.

In value terms, the United States ($X) also remains the key foreign market for carbon electrodes not for furnaces exports from the Dominican Republic.

From 2013 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%.

Export Prices by Country

The average export price for carbon electrodes not for furnaces stood at $X per ton in 2022, flattening at the previous year. Over the period under review, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 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 2013 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Imports of Carbon Electrodes Not For Furnaces

Imports into the Dominican Republic

In 2022, approx. X tons of carbon electrodes not for furnaces were imported into the Dominican Republic; declining by X% compared with the previous year's figure. Over the period under review, imports continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, carbon electrode not for furnaces imports shrank markedly to $X in 2022. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest carbon electrode not for furnaces supplier to the Dominican Republic, accounting for a X% share of total imports. Moreover, carbon electrode not for furnaces imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tons), eightfold. The United States (X kg) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of carbon electrodes not for furnaces to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Mexico (X% per year).

Import Prices by Country

In 2022, the average import price for carbon electrodes not for furnaces amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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