Dominican Republic: Unwrought Zinc Alloys Market 2024

Unwrought Zinc Alloys Market Size in the Dominican Republic

The Dominican unwrought zinc alloys market stood at $X in 2022, leveling off at the previous year. Overall, consumption showed strong growth. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Unwrought Zinc Alloys Production in the Dominican Republic

In value terms, unwrought zinc alloys production stood at $X in 2022 estimated in export price. Overall, production saw a remarkable increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 52%. Unwrought zinc alloys production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Unwrought Zinc Alloys Exports

Exports from the Dominican Republic

In 2022, the amount of unwrought zinc alloys exported from the Dominican Republic skyrocketed to X tons, rising by 17% compared with 2021. Overall, exports, however, faced a precipitous decline. The most prominent rate of growth was recorded in 2015 with an increase of 683%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, unwrought zinc alloys exports soared to $X in 2022. In general, exports, however, continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2015 with an increase of 681%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Haiti (X tons), Antigua and Barbuda (X tons) and Costa Rica (X tons) were the main destinations of unwrought zinc alloys exports from the Dominican Republic, with a combined 99% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Costa Rica (with a CAGR of 0.0%), while shipments for the other leaders experienced a decline.

In value terms, Haiti ($X), Antigua and Barbuda ($X) and Costa Rica ($X) appeared to be the largest markets for unwrought zinc alloys exported from the Dominican Republic worldwide, with a combined 97% share of total exports.

In terms of the main countries of destination, Costa Rica, with a CAGR of 0.0%, recorded 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 unwrought zinc alloys export price amounted to $X per ton, with an increase of 9.7% against the previous year. Overall, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unwrought zinc alloys export price increased by +34.5% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 89%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($X per ton), while the average price for exports to Costa Rica ($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 Haiti (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Unwrought Zinc Alloys Imports

Imports into the Dominican Republic

In 2022, after four years of decline, there was significant growth in supplies from abroad of unwrought zinc alloys, when their volume increased by 367% to X tons. In general, imports, however, saw a drastic downturn. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, unwrought zinc alloys imports soared to $X in 2022. Overall, imports, however, faced a abrupt decline. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Italy (X tons) and the United States (X kg) were the main suppliers of unwrought zinc alloys imports to the Dominican Republic, together comprising 92% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +120.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of unwrought zinc alloys to the Dominican Republic, comprising 62% of total imports. The second position in the ranking was taken by Denmark ($X), with a 14% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Italy stood at -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+88.5% per year) and China (+90.8% per year).

Import Prices by Country

The average unwrought zinc alloys import price stood at $X per ton in 2022, reducing by -48.4% against the previous year. In general, the import price, however, showed a modest expansion. The pace of growth appeared the most rapid in 2018 an increase of 89% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then declined notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Aruba ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+69.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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