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

Contents:

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

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

The average import price for bamboo used primarily for plaitings stood at $3,348 per ton in 2022, remaining constant against the previous year. Over the period under review, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 46%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($8,071 per ton), while the price for the Netherlands totaled $2,924 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for bamboo used primarily for plaitings stood at $1,203 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 72% against the previous year. As a result, the export price attained the peak level of $3,350 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($10,000 per ton), while the average price for exports to Canada ($1,149 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 (+29.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bamboo Used Primarily for Plaiting in the Dominican Republic

In 2022, purchases abroad of bamboo used primarily for plaitings decreased by 0% to 2.9 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 69%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, bamboo used primarily for plaiting imports amounted to $9.8K in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 26%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. Netherlands (2.7 tons)
2. China (0.2 tons)

Exports of Bamboo Used Primarily for Plaiting in the Dominican Republic

In 2022, approx. 8.3 tons of bamboo used primarily for plaitings were exported from the Dominican Republic; approximately mirroring the previous year's figure. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 80% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, bamboo used primarily for plaiting exports stood at $10K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 99% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. United States (6.9 tons)
2. Canada (1.4 tons)

Source: IndexBox Market Intelligence Platform