Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Dominican Republic - 2023
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Dominican Republic (CIF) - 2023
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Dominican Republic (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Dominican Republic
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Dominican Republic
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Dominican Republic (CIF) - 2023
In March 2023, the average import price for cotton yarn (other than sewing thread), put up for retail sale amounted to $3,058 per ton, remaining constant against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2022 when the average import price increased by 14% against the previous month. The import price peaked at $3,669 per ton in September 2022; however, from October 2022 to March 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From March 2022 to March 2023, the rate of growth in terms of prices for the United States amounted to +0.4% per month.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Dominican Republic (FOB) - 2022
The average export price for cotton yarn (other than sewing thread), put up for retail sale stood at $4,872 per ton in 2022, with an increase of 18% against the previous year. Overall, the export price showed strong growth. The growth pace was the most rapid in 2013 when the average export price increased by 137% against the previous year. As a result, the export price attained the peak level of $6,868 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($43,707 per ton), while the average price for exports to Haiti stood at $3,390 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.3%), while the prices for the other major destinations experienced a decline.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Dominican Republic
In 2022, imports of cotton yarn (other than sewing thread), put up for retail sale into the Dominican Republic expanded markedly to 58K tons, increasing by 6.1% against the previous year. In general, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale surged to $188M in 2022. Overall, imports recorded strong growth. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 143 | 86.9 | 137 | 187 | 9.4% |
| Others | 1.2 | 0.6 | 0.9 | 1.6 | 10.1% |
| Total | 144 | 87.5 | 138 | 188 | 9.3% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to the Dominican Republic in 2022:
- United States (57.4K tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Dominican Republic
In 2022, the amount of cotton yarn (other than sewing thread), put up for retail sale exported from the Dominican Republic surged to 7.4 tons, growing by 506% against the year before. In general, exports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 773,885% against the previous year. As a result, the exports attained the peak of 604 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale surged to $36K in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 1,004,716% against the previous year. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 0.1 | 101 | 5.0 | 24.1 | 522.3% |
| Cuba | N/A | N/A | N/A | 11.8 | 0% |
| United States | N/A | 325 | N/A | N/A | 0% |
| Honduras | N/A | 964 | N/A | N/A | 0% |
| Others | N/A | 6.8 | N/A | N/A | 0% |
| Total | 0.1 | 1,397 | 5.0 | 35.9 | 610.7% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from the Dominican Republic in 2022:
- Haiti (7.1 tons)
- Cuba (0.3 tons)
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