Price for Fine or Coarse Animal Hair, Not Carded or Combed in the Dominican Republic - 2023
Contents:
- Price for Fine or Coarse Animal Hair, Not Carded or Combed in the Dominican Republic (CIF) - 2022
- Price for Fine or Coarse Animal Hair, Not Carded or Combed in the Dominican Republic (FOB) - 2022
- Imports of Fine or Coarse Animal Hair, Not Carded or Combed in the Dominican Republic
- Exports of Fine or Coarse Animal Hair, Not Carded or Combed in the Dominican Republic
Price for Fine or Coarse Animal Hair, Not Carded or Combed in the Dominican Republic (CIF) - 2022
The average import price for fine or coarse animal hair, not carded or combed stood at $14,269 per ton in 2022, which is down by -43.7% against the previous year. In general, the import price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 94% against the previous year. The import price peaked at $25,353 per ton in 2021, and then reduced markedly in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2015 to 2022, the rate of growth in terms of prices for the United States amounted to +6.6% per year.
Price for Fine or Coarse Animal Hair, Not Carded or Combed in the Dominican Republic (FOB) - 2022
In 2022, the average export price for fine or coarse animal hair, not carded or combed amounted to $679 per ton, leveling off at the previous year. In general, the export price, however, faced a dramatic contraction. The most prominent rate of growth was recorded in 2016 an increase of 87% against the previous year. As a result, the export price reached the peak level of $52,349 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Haiti.
From 2015 to 2022, the rate of growth in terms of prices for the United States amounted to +63.4% per year.
Imports of Fine or Coarse Animal Hair, Not Carded or Combed in the Dominican Republic
In 2022, imports of fine or coarse animal hair, not carded or combed into the Dominican Republic surged to 2.7 tons, rising by 20% against the previous year's figure. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of fine or coarse animal hair, not carded or combed shrank markedly to $39K in 2022. Over the period under review, imports saw buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 115%. As a result, imports attained the peak of $58K, and then reduced dramatically in the following year.
Import of Fine or Coarse Animal Hair, Not Carded or Combed in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 22.9 | 26.9 | 57.9 | 39.1 | 19.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 22.9 | 26.9 | 57.9 | 39.1 | 19.5% |
Top Suppliers of Fine or Coarse Animal Hair, Not Carded or Combed to the Dominican Republic in 2022:
- United States (2.7 tons)
Exports of Fine or Coarse Animal Hair, Not Carded or Combed in the Dominican Republic
In 2022, exports of fine or coarse animal hair, not carded or combed from the Dominican Republic skyrocketed to 5.8 tons, growing by 152% compared with the previous year. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fine or coarse animal hair, not carded or combed surged to $3.9K in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Fine or Coarse Animal Hair, Not Carded or Combed in the Dominican Republic (Thousand USD) | ||||
---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
Haiti | 1.1 | 1.5 | 3.9 | 88.3% |
Others | N/A | N/A | N/A | 0% |
Total | 1.1 | 1.5 | 3.9 | 88.3% |
Top Export Markets for Fine or Coarse Animal Hair, Not Carded or Combed from the Dominican Republic in 2022:
- Haiti (5.8 tons)
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