Price for Fibres; Synthetic Filament Tow, of Polypropylene in the Dominican Republic - 2022
Contents:
- Price for Fibres; Synthetic Filament Tow, of Polypropylene in the Dominican Republic (CIF) - 2022
- Imports of Fibres; Synthetic Filament Tow, of Polypropylene in the Dominican Republic
Price for Fibres; Synthetic Filament Tow, of Polypropylene in the Dominican Republic (CIF) - 2022
In 2022, the average import price for fibres; synthetic filament tow, of polypropylene amounted to $1,775 per ton, declining by -8.2% against the previous year. Overall, the import price continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2015 an increase of 2.4%. As a result, import price reached the peak level of $2,934 per ton. From 2016 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 ($5,061 per ton), while the price for South Korea stood at $1,721 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Fibres; Synthetic Filament Tow, of Polypropylene in the Dominican Republic
In 2022, imports of fibres; synthetic filament tow, of polypropylene into the Dominican Republic was estimated at 45 tons, with an increase of 11% against the previous year. Over the period under review, imports recorded a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 149% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of fibres; synthetic filament tow, of polypropylene expanded slightly to $80K in 2022. In general, imports posted strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 136% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Fibres; Synthetic Filament Tow, of Polypropylene in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 29.4 | 21.2 | 74.1 | 76.2 | 37.4% |
| United States | 2.8 | 1.6 | 4.2 | 3.7 | 9.7% |
| Guatemala | 14.0 | 5.2 | N/A | N/A | -62.9% |
| Others | 14.0 | 5.2 | N/A | N/A | -62.9% |
| Total | 60.3 | 33.2 | 78.3 | 79.9 | 9.8% |
Top Suppliers of Fibres; Synthetic Filament Tow, of Polypropylene to the Dominican Republic in 2022:
- South Korea (44.3 tons)
- United States (0.7 tons)
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