Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the Dominican Republic - 2022

Contents:

  1. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the Dominican Republic (CIF) - 2022
  2. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the Dominican Republic (FOB) - 2022
  3. Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the Dominican Republic
  4. Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the Dominican Republic

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the Dominican Republic (CIF) - 2022

In 2022, the average import price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $7,743 per ton, picking up by 11% against the previous year. Over the period under review, the import price, however, recorded a mild contraction. Over the period under review, average import prices hit record highs at $8,617 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 ($9,444 per ton), while the price for Canada ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.7%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the Dominican Republic (FOB) - 2022

The average export price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $9,137 per ton in 2020, standing approx. at the previous year. Overall, the export price, however, recorded a deep reduction. Over the period under review, the average export prices reached the peak figure at $14,717 per ton in 2013; however, from 2014 to 2020, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2013 to 2020, the rate of growth in terms of prices for Germany amounted to -26.5% per year.

Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the Dominican Republic

Imports of fabrics; "long pile" fabrics, knitted or crocheteds into the Dominican Republic fell significantly to 689 kg in 2022, with a decrease of -16.7% against the year before. Overall, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 4%.

In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds declined to $5.3K in 2022. In general, imports saw a abrupt shrinkage. The smallest decline of -7.4% was in 2020.

Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)3.34.13.73.1-2.1%
South Korea0.81.01.01.111.2%
Hong Kong SAR1.90.90.40.6-31.9%
China0.60.10.50.4-12.6%
Panama0.10.1N/AN/A0.0%
Others0.10.10.10.10.0%
Total6.76.25.85.3-7.5%

Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to the Dominican Republic in 2022:

  1. Taiwan (Chinese) (449.0 kg)
  2. South Korea (120.0 kg)
  3. China (73.0 kg)
  4. Panama (19.0 kg)
  5. Hong Kong SAR (10.0 kg)

Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the Dominican Republic

In 2020, exports of fabrics; "long pile" fabrics, knitted or crocheteds from the Dominican Republic fell to 386 kg, waning by -5.4% against the year before. Overall, exports recorded a deep slump.

In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds dropped to $3.5K in 2020. Over the period under review, exports continue to indicate a perceptible reduction.

Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in the Dominican Republic (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
SwitzerlandN/A3.50%
Israel3.7N/A0%
OthersN/AN/A0%
Total3.73.5-5.4%

Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from the Dominican Republic in 2022:

  1. Switzerland (386.0 kg)

Source: IndexBox Market Intelligence Platform

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