Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the Dominican Republic - 2023

Contents:

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

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the Dominican Republic (CIF) - 2022

The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $12,431 per ton in 2022, which is down by -27.6% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the average import price increased by 62%. The import price peaked at $19,560 per ton in 2018; however, from 2019 to 2022, 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 ($20,567 per ton), while the price for China amounted to $6,756 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the Dominican Republic (FOB) - 2022

In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $33,500 per ton, increasing by 2,700% against the previous year. Overall, the export price posted a buoyant increase. The export price peaked at $100,163 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 Cuba amounted to +28.9% per year.

Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the Dominican Republic

In 2022, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds into the Dominican Republic expanded remarkably to 17 tons, with an increase of 6.9% compared with 2021 figures. Over the period under review, imports, however, saw a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 68% against the previous year.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds shrank dramatically to $209K in 2022. Overall, imports, however, faced a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 123% against the previous year.

Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13355.62081412.0%
China31.918.22.866.928.0%
Colombia8.26.44.3N/A-27.6%
Guatemala104N/AN/AN/A0%
Taiwan (Chinese)32.437.348.3N/A22.1%
Others5.43.76.91.1-41.2%
Total315121271209-12.8%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to the Dominican Republic in 2022:

  1. China (9.9 tons)
  2. United States (6.9 tons)

Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the Dominican Republic

Exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds from the Dominican Republic reduced remarkably to 10 kg in 2022, dropping by -98.2% on 2021 figures. Over the period under review, exports continue to indicate a dramatic contraction.

In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds contracted remarkably to $335 in 2022. Overall, exports continue to indicate a dramatic shrinkage.

Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the Dominican Republic (USD)
COUNTRY20212022CAGR,
2021-2022
United States408335-17.9%
Haiti262N/A0%
OthersN/AN/A0%
Total670335-50.0%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from the Dominican Republic in 2022:

  1. United States (10.0 kg)

Source: IndexBox Market Intelligence Platform

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