Flax Yarn Price in the Dominican Republic - 2022

Contents:

1. Flax Yarn Price in the Dominican Republic (CIF) - 2022
2. Flax Yarn Imports in the Dominican Republic

Flax Yarn Price in the Dominican Republic (CIF) - 2022

In 2022, the average flax yarn import price amounted to $19,043 per ton, with an increase of 64% against the previous year. Overall, the import price posted a tangible increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($19,130 per ton), while the price for China totaled $1,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.8%).

Flax Yarn Imports in the Dominican Republic

In 2022, imports of flax yarns into the Dominican Republic rose modestly to 208 kg, growing by 2% against 2021. Over the period under review, imports, however, recorded a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 134%.

In value terms, flax yarn imports surged to $4K in 2022. In general, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 208% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Flax Yarn to the Dominican Republic in 2022:

1. United States (207.0 kg)
2. China (1.0 kg)

Source: IndexBox Market Intelligence Platform