Dominican Republic: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Market Size for Iron Or Steel Leaf-Springs And Leaves in the Dominican Republic

In 2020, after five years of growth, there was significant decline in the Dominican market for iron or steel leaf-springs and leaves, when its value decreased by -X% to $X. In general, consumption, however, continues to indicate a pronounced increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Consumption peaked at $X in 2019, and then reduced dramatically in the following year.

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports from the Dominican Republic

In 2020, overseas shipments of iron or steel leaf-springs and leaves decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed a modest expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Exports peaked at X tons in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of iron or steel leaf-springs and leaves skyrocketed to $X in 2020. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. Exports peaked at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

Guyana (X tons) was the main destination for exports of iron or steel leaf-springs and leaves from the Dominican Republic, accounting for a X% share of total exports. It was followed by Haiti (X kg), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Guyana stood at +X%.

In value terms, Guyana ($X) and Haiti ($X) constituted the largest markets for iron or steel leaf-spring and leave exported from the Dominican Republic worldwide.

Among the main countries of destination, Haiti recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average export price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a slight downturn. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. As a result, export price reached the peak level of $X per ton. from 2013 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Haiti ($X per ton), while the average price for exports to Guyana stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Haiti.

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports into the Dominican Republic

In 2020, purchases abroad of iron or steel leaf-springs and leaves decreased by -X% to X tons for the first time since 2014, thus ending a five-year rising trend. In general, imports, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Imports peaked at X tons in 2019, and then shrank dramatically in the following year.

In value terms, imports of iron or steel leaf-springs and leaves declined rapidly to $X in 2020. Overall, imports, however, recorded a modest increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2019, and then fell significantly in the following year.

Imports by Country

China (X tons), Colombia (X tons) and Mexico (X tons) were the main suppliers of imports of iron or steel leaf-springs and leaves to the Dominican Republic, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel leaf-spring and leave suppliers to the Dominican Republic were Mexico ($X), China ($X) and Colombia ($X), together accounting for X% of total imports. The U.S. and Brazil lagged somewhat behind, together comprising a further X the main suppliers, the U.S. saw the highest growth rate of 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 import price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, shrinking by -X% against the previous year. Over the period under review, the import price showed a perceptible decrease. The pace of growth appeared the most rapid in 2009 an increase of X% y-o-y. As a result, import price attained the peak level of $X per ton. from 2010 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :