Dominican Republic: Metal Self-Tapping Screw Market 2025

Metal Self-Tapping Screw Market Size in the Dominican Republic

The Dominican metal self-tapping screw market surged to $X in 2022, rising by 51% 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). Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Metal Self-Tapping Screw Exports

Exports from the Dominican Republic

In 2022, the amount of iron or steel self-tapping screws exported from the Dominican Republic dropped sharply to X tons, waning by -68% compared with the year before. Overall, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 247% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, metal self-tapping screw exports reduced notably to $X in 2022. Over the period under review, exports showed a sharp curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by 226%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Haiti (X tons) was the main destination for metal self-tapping screw exports from the Dominican Republic, accounting for a 82% share of total exports. Moreover, metal self-tapping screw exports to Haiti exceeded the volume sent to the second major destination, Turks and Caicos Islands (X kg), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Haiti stood at -21.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turks and Caicos Islands (-6.2% per year) and the United States (-30.7% per year).

In value terms, Haiti ($X), Turks and Caicos Islands ($X) and the United States ($X) were the largest markets for metal self-tapping screw exported from the Dominican Republic worldwide, with a combined 88% share of total exports.

Among the main countries of destination, Turks and Caicos Islands, with a CAGR of -5.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average metal self-tapping screw export price amounted to $X per ton, rising by 38% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal self-tapping screw export price decreased by -13.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 57% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turks and Caicos Islands ($X per ton), while the average price for exports to Haiti ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turks and Caicos Islands (+0.5%), while the prices for the other major destinations experienced a decline.

Metal Self-Tapping Screw Imports

Imports into the Dominican Republic

In 2022, imports of iron or steel self-tapping screws into the Dominican Republic surged to X tons, growing by 32% against the previous year. In general, imports, however, continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 77%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, metal self-tapping screw imports surged to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 60% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X tons), China (X tons) and Spain (X tons) were the main suppliers of metal self-tapping screw imports to the Dominican Republic, with a combined 88% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +35.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of iron or steel self-tapping screws to the Dominican Republic, comprising 54% of total imports. The second position in the ranking was taken by China ($X), with a 20% share of total imports. It was followed by Italy, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.0% per year) and Italy (+7.1% per year).

Import Prices by Country

The average metal self-tapping screw import price stood at $X per ton in 2022, rising by 19% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 37% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($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 (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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