Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in the Dominican Republic - 2022
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in the Dominican Republic (CIF) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in the Dominican Republic
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in the Dominican Republic (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $3,102 per ton in 2022, dropping by -36.8% against the previous year. In general, the import price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2014 an increase of 51%. As a result, import price reached the peak level of $12,358 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,698 per ton), while the price for China ($2,622 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (-8.1%), while the prices for the other major suppliers experienced a decline.
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in the Dominican Republic
In 2022, the amount of fabrics; looped pile fabrics, of cotton, knitted or crocheted imported into the Dominican Republic soared to 45 tons, increasing by 174% on the previous year. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 421% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted surged to $141K in 2022. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 275%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.9 | 12.2 | 25.3 | 58.0 | 74.6% |
| United States | N/A | 0.2 | 3.4 | 50.9 | 1495.3% |
| Colombia | 2.7 | 4.6 | 9.3 | 15.9 | 80.6% |
| South Korea | N/A | N/A | 42.8 | N/A | 0% |
| Others | 0.1 | 4.7 | 0.4 | 15.9 | 441.8% |
| Total | 13.7 | 21.7 | 81.2 | 141 | 117.5% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to the Dominican Republic in 2022:
- China (22.1 tons)
- United States (10.8 tons)
- Colombia (5.9 tons)
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