Price for Embroidery; in the Piece, in Strips or in Motifs in the Dominican Republic - 2023

Contents:

1. Price for Embroidery; in the Piece, in Strips or in Motifs in the Dominican Republic (FOB) - 2022
2. Price for Embroidery; in the Piece, in Strips or in Motifs in the Dominican Republic (CIF) - 2022
3. Exports of Embroidery; in the Piece, in Strips or in Motifs in the Dominican Republic
4. Imports of Embroidery; in the Piece, in Strips or in Motifs in the Dominican Republic

Price for Embroidery; in the Piece, in Strips or in Motifs in the Dominican Republic (FOB) - 2022

In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $124,965 per ton, with an increase of 15% against the previous year. Overall, the export price recorded a pronounced expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 108% against the previous year. Over the period under review, the average export prices hit record highs at $227,518 per ton in 2015; however, from 2016 to 2022, the export prices stood 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 the United States ($138,423 per ton), while the average price for exports to Haiti stood at $7,283 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.3%).

Price for Embroidery; in the Piece, in Strips or in Motifs in the Dominican Republic (CIF) - 2022

The average import price for embroidery; in the piece, in strips or in motifses stood at $23,593 per ton in 2022, falling by -16.7% against the previous year. In general, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 72% against the previous year. Over the period under review, average import prices hit record highs at $70,110 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the United States ($33,023 per ton), while the price for China totaled $20,378 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.8%), while the prices for the other major suppliers experienced a decline.

Exports of Embroidery; in the Piece, in Strips or in Motifs in the Dominican Republic

In 2022, exports of embroidery; in the piece, in strips or in motifses from the Dominican Republic contracted to 39 tons, which is down by -14.1% against the previous year. In general, exports faced a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 85% against the previous year.

In value terms, exports of embroidery; in the piece, in strips or in motifses declined to $4.9M in 2022. Over the period under review, exports saw a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 63% against the previous year.

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from the Dominican Republic in 2022:

1. United States (35.2 tons)
2. Haiti (4.0 tons)

Imports of Embroidery; in the Piece, in Strips or in Motifs in the Dominican Republic

In 2022, overseas purchases of embroidery; in the piece, in strips or in motifses were finally on the rise to reach 6.9 tons after two years of decline. Overall, imports, however, saw a precipitous decline.

In value terms, imports of embroidery; in the piece, in strips or in motifses soared to $164K in 2022. Over the period under review, imports, however, showed a abrupt curtailment.

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to the Dominican Republic in 2022:

1. China (5.6 tons)
2. United States (1.2 tons)

Source: IndexBox Market Intelligence Platform