Price for Rubber Thread and Cord; Textile Covered in the Dominican Republic - 2023
Contents:
- Price for Rubber Thread and Cord; Textile Covered in the Dominican Republic (CIF) - 2022
- Price for Rubber Thread and Cord; Textile Covered in the Dominican Republic (FOB) - 2022
- Imports of Rubber Thread and Cord; Textile Covered in the Dominican Republic
- Exports of Rubber Thread and Cord; Textile Covered in the Dominican Republic
Price for Rubber Thread and Cord; Textile Covered in the Dominican Republic (CIF) - 2022
In 2022, the average import price for rubber thread and cord; textile covereds amounted to $5,911 per ton, which is down by -50.7% against the previous year. Over the period under review, the import price saw a perceptible reduction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 66% against the previous year. The import price peaked at $12,001 per ton in 2021, and then shrank dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($21,142 per ton), while the price for China ($4,467 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber Thread and Cord; Textile Covered in the Dominican Republic (FOB) - 2022
In 2022, the average export price for rubber thread and cord; textile covereds amounted to $39,542 per ton, surging by 37% against the previous year. Over the period under review, the export price showed a noticeable expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 128%. As a result, the export price attained the peak level of $43,463 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($66,500 per ton), while the average price for exports to South Africa ($21,525 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+25.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber Thread and Cord; Textile Covered in the Dominican Republic
In 2022, after two years of decline, there was significant growth in supplies from abroad of rubber thread and cord; textile covereds, when their volume increased by 1,487% to 215 tons. Over the period under review, imports recorded a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of rubber thread and cord; textile covereds soared to $1.3M in 2022. Overall, imports posted strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Rubber Thread and Cord; Textile Covered in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 176 | 32.3 | 17.0 | 850 | 69.0% |
| United States | 614 | 195 | 99.5 | 268 | -24.1% |
| South Korea | N/A | N/A | 21.4 | 102 | 376.6% |
| Nicaragua | N/A | N/A | N/A | 46.5 | 0% |
| Others | 8.8 | 12.5 | 24.4 | 2.0 | -39.0% |
| Total | 799 | 240 | 162 | 1,268 | 16.6% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to the Dominican Republic in 2022:
- China (190.2 tons)
- United States (12.7 tons)
- South Korea (8.2 tons)
- Nicaragua (3.3 tons)
Exports of Rubber Thread and Cord; Textile Covered in the Dominican Republic
Exports of rubber thread and cord; textile covereds from the Dominican Republic fell to 1.1 tons in 2022, reducing by -9.7% compared with the previous year. The total export volume increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 48%. As a result, the exports reached the peak of 1.2 tons, and then fell in the following year.
In value terms, exports of rubber thread and cord; textile covereds surged to $42K in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 202%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Rubber Thread and Cord; Textile Covered in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | 15.6 | 25.6 | 64.1% |
| Poland | N/A | N/A | 3.0 | 8.9 | 196.7% |
| Ireland | N/A | N/A | N/A | 1.5 | 0% |
| Singapore | 6.2 | 3.4 | 8.5 | 1.4 | -39.1% |
| South Africa | 2.4 | 0.9 | 1.4 | 1.3 | -18.5% |
| Lithuania | N/A | N/A | 2.0 | 1.1 | -45.0% |
| Barbados | N/A | 5.7 | N/A | N/A | 0% |
| Others | 0.2 | 1.0 | 2.9 | 1.8 | 108.0% |
| Total | 8.9 | 11.1 | 33.5 | 41.5 | 67.1% |
Top Export Markets for Rubber Thread and Cord; Textile Covered from the Dominican Republic in 2022:
- France (527.0 kg)
- Poland (365.0 kg)
- South Africa (59.0 kg)
- Ireland (27.0 kg)
- Singapore (25.0 kg)
- Lithuania (16.0 kg)
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