Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in the Dominican Republic - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in the Dominican Republic (CIF) - 2022
  2. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in the Dominican Republic (FOB) - 2022
  3. Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in the Dominican Republic
  4. Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in the Dominican Republic

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in the Dominican Republic (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, of nylon or other polyamideses amounted to $11,919 per ton, increasing by 68% against the previous year. In general, the import price posted prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 China ($81,000 per ton), while the price for Panama ($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 UK (+4,133.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in the Dominican Republic (FOB) - 2022

The average export price for fibres; synthetic filament tow, of nylon or other polyamideses stood at $36,196 per ton in 2022, with an increase of 49% against the previous year. Over the period under review, the export price saw a resilient increase. The pace of growth appeared the most rapid in 2013 an increase of 140%. As a result, the export price reached the peak level of $51,604 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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 the United States amounted to +9.0% per year.

Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in the Dominican Republic

In 2022, supplies from abroad of fibres; synthetic filament tow, of nylon or other polyamideses was finally on the rise to reach 445 kg after two years of decline. Over the period under review, imports, however, continue to indicate a sharp slump.

In value terms, imports of fibres; synthetic filament tow, of nylon or other polyamideses soared to $5.3K in 2022. In general, imports, however, showed a dramatic curtailment.

Import of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil44.825.42.03.1-58.9%
United States0.90.30.21.16.9%
Mexico7.53.70.30.6-56.9%
Italy5.62.90.30.5-55.3%
China1.80.70.10.1-61.8%
Others0.11.6N/AN/A1500.0%
Total60.734.52.85.3-55.6%

Top Suppliers of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides to the Dominican Republic in 2022:

  1. Brazil (250.0 kg)
  2. United States (119.0 kg)
  3. Mexico (42.0 kg)
  4. Italy (31.0 kg)
  5. China (1.0 kg)

Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in the Dominican Republic

In 2022, approx. 46 kg of fibres; synthetic filament tow, of nylon or other polyamideses were exported from the Dominican Republic; increasing by 31% compared with the previous year. In general, exports, however, continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 1,067% against the previous year.

In value terms, exports of fibres; synthetic filament tow, of nylon or other polyamideses surged to $1.7K in 2022. Over the period under review, exports, however, continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 2,400%.

Export of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.9N/A0.81.7-29.7%
OthersN/AN/AN/AN/A0%
Total4.9N/A0.81.7-29.7%

Top Export Markets for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides from the Dominican Republic in 2022:

  1. United States (46.0 kg)

Source: IndexBox Market Intelligence Platform

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