Price for Rattans Used Primarily for Plaiting in the Dominican Republic - 2023

Contents:

1. Price for Rattans Used Primarily for Plaiting in the Dominican Republic (CIF) - 2022
2. Price for Rattans Used Primarily for Plaiting in the Dominican Republic (FOB) - 2022
3. Imports of Rattans Used Primarily for Plaiting in the Dominican Republic
4. Exports of Rattans Used Primarily for Plaiting in the Dominican Republic

Price for Rattans Used Primarily for Plaiting in the Dominican Republic (CIF) - 2022

The average import price for rattans used primarily for plaitings stood at $6,848 per ton in 2022, waning by -3.4% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rattans used primarily for plaiting import price increased by +62.4% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 42% against the previous year. As a result, import price attained the peak level of $7,088 per ton, and then shrank in the following year.

As there is only one major supplying country, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +8.8% per year.

Price for Rattans Used Primarily for Plaiting in the Dominican Republic (FOB) - 2022

The average export price for rattans used primarily for plaitings stood at $3,941 per ton in 2022, with a decrease of -10.2% against the previous year. Over the period under review, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 64% against the previous year. The export price peaked at $8,658 per ton in 2012; however, from 2013 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 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -7.6% per year.

Imports of Rattans Used Primarily for Plaiting in the Dominican Republic

In 2022, rattans used primarily for plaiting imports into the Dominican Republic reduced to 55 tons, which is down by -13.3% against the previous year's figure. In general, imports showed a slight slump. The growth pace was the most rapid in 2021 when imports increased by 77% against the previous year. As a result, imports reached the peak of 63 tons, and then contracted in the following year.

In value terms, rattans used primarily for plaiting imports dropped dramatically to $374K in 2022. Over the period under review, imports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 152% against the previous year. As a result, imports attained the peak of $446K, and then shrank significantly in the following year.

Top Suppliers of Rattans Used Primarily for Plaiting to the Dominican Republic in 2022:

1. Singapore (54.4 tons)

Exports of Rattans Used Primarily for Plaiting in the Dominican Republic

Rattans used primarily for plaiting exports from the Dominican Republic soared to 68 kg in 2022, jumping by 26% compared with 2021 figures. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 54%. As a result, the exports reached the peak of 83 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, rattans used primarily for plaiting exports rose markedly to $268 in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 58%. As a result, the exports reached the peak of $300. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Rattans Used Primarily for Plaiting from the Dominican Republic in 2022:

1. United States (68.0 kg)

Source: IndexBox Market Intelligence Platform