Price for Blankets and Travelling Rugs in the Dominican Republic - 2023

Contents:

  1. Price for Blankets and Travelling Rugs in the Dominican Republic (FOB) - 2022
  2. Price for Blankets and Travelling Rugs in the Dominican Republic (CIF) - 2023
  3. Exports of Blankets and Travelling Rugs in the Dominican Republic
  4. Imports of Blankets and Travelling Rugs in the Dominican Republic

Price for Blankets and Travelling Rugs in the Dominican Republic (FOB) - 2022

The average blankets and travelling rugs export price stood at $16 per unit in 2022, with a decrease of -2.8% against the previous year. Overall, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 5.7%. As a result, the export price attained the peak level of $44 per unit. From 2016 to 2022, the average export prices remained at a 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 Costa Rica amounted to -0.5% per year.

Price for Blankets and Travelling Rugs in the Dominican Republic (CIF) - 2023

The average blankets and travelling rugs import price stood at $18.6 per unit in March 2023, jumping by 691% against the previous month. Overall, the import price saw a resilient increase. Over the period under review, average import prices reached the peak figure at $33.5 per unit in July 2022; however, from August 2022 to March 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was China ($14.2 per unit), while the price for Thailand amounted to $5.2 per unit.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Blankets and Travelling Rugs in the Dominican Republic

After three years of growth, overseas shipments of blankets and travelling rugses decreased by -21.2% to 451K units in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.3% 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 increased by +49.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 40% against the previous year. Over the period under review, the exports hit record highs at 573K units in 2021, and then dropped rapidly in the following year.

In value terms, blankets and travelling rugs exports contracted sharply to $7.3M in 2022. Over the period under review, exports showed a abrupt slump. The growth pace was the most rapid in 2020 when exports increased by 17% against the previous year. As a result, the exports attained the peak of $10M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Blankets and Travelling Rugs in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.710.19.17.3-5.7%
Costa RicaN/A0.10.4N/A300.0%
OthersN/AN/AN/AN/A0%
Total8.810.29.67.3-6.0%

Top Export Markets for Blankets and Travelling Rugs from the Dominican Republic in 2022:

  1. United States (450.7K units)

Imports of Blankets and Travelling Rugs in the Dominican Republic

In 2022, approx. 19K units of blankets and travelling rugses were imported into the Dominican Republic; dropping by -12.8% against 2021. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Imports peaked at 30K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, blankets and travelling rugs imports fell rapidly to $1.7M in 2022. In general, imports saw a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year. As a result, imports attained the peak of $2.3M, and then dropped sharply in the following year.

Import of Blankets and Travelling Rugs in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2358971,8851,2460.3%
United States71.372.620418838.2%
India12488.570.816810.7%
Thailand4.03.33.719.870.4%
Spain22116.014.815.8-58.5%
Colombia1.53.00.312.1100.6%
Czech RepublicN/AN/AN/A1.90%
SlovakiaN/AN/AN/A1.30%
Germany117N/A0.10.7-81.8%
Others53.121.475.185.617.3%
Total1,8271,1022,2541,739-1.6%

Top Suppliers of Blankets and Travelling Rugs to the Dominican Republic in 2022:

  1. Germany (undefinedK units)
  2. China (11.2K units)
  3. India (2.7K units)
  4. United States (1.7K units)
  5. Thailand (0.9K units)
  6. Slovakia (0.5K units)
  7. Czech Republic (0.5K units)
  8. Colombia (0.3K units)
  9. Spain (0.1K units)

Source: IndexBox Market Intelligence Platform

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