Price for Fibres; Synthetic Filament Tow, of Polyesters in the Dominican Republic - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Polyesters in the Dominican Republic (CIF) - 2022
  2. Imports of Fibres; Synthetic Filament Tow, of Polyesters in the Dominican Republic

Price for Fibres; Synthetic Filament Tow, of Polyesters in the Dominican Republic (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, of polyesterses amounted to $8,366 per ton, rising by 41% against the previous year. In general, the import price continues to indicate a prominent increase. The growth pace was the most rapid in 2016 an increase of 139%. As a result, import price attained the peak level of $12,208 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($8,904 per ton), while the price for Guatemala totaled $8,260 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+45.1%).

Imports of Fibres; Synthetic Filament Tow, of Polyesters in the Dominican Republic

In 2022, the amount of fibres; synthetic filament tow, of polyesterses imported into the Dominican Republic skyrocketed to 23 tons, picking up by 252% compared with 2021. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 3,094%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fibres; synthetic filament tow, of polyesterses soared to $189K in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,257% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Fibres; Synthetic Filament Tow, of Polyesters in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GuatemalaN/AN/A16.9164870.4%
United States0.819.120.624.0210.7%
OthersN/A0.30.40.752.8%
Total0.819.437.9189518.2%

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to the Dominican Republic in 2022:

  1. Guatemala (19.9 tons)
  2. United States (2.7 tons)

Source: IndexBox Market Intelligence Platform

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