Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the Dominican Republic - 2023

Contents:

1. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the Dominican Republic (CIF) - 2022
2. Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the Dominican Republic (FOB) - 2022
3. Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the Dominican Republic
4. Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the Dominican Republic

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the Dominican Republic (CIF) - 2022

The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $6,523 per ton in 2022, shrinking by -9.6% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses increased by +17.0% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 49% against the previous year. Over the period under review, average import prices reached the peak figure at $10,633 per ton in 2018; however, from 2019 to 2022, 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 Italy ($13,917 per ton), while the price for China ($3,894 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the Dominican Republic (FOB) - 2022

The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $8,234 per ton in 2022, picking up by 70% against the previous year. In general, the export price, however, saw a pronounced decrease. The growth pace was the most rapid in 2020 when the average export price increased by 195%. Over the period under review, the average export prices reached the peak figure at $27,259 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($152,500 per ton), while the average price for exports to Turks and Caicos Islands ($3,125 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 Cuba (+22.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the Dominican Republic

In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses imported into the Dominican Republic soared to 772 tons, with an increase of 91% on the year before. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses skyrocketed to $5M in 2022. In general, imports enjoyed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to the Dominican Republic in 2022:

1. China (418.9 tons)
2. Mexico (192.2 tons)
3. Japan (52.0 tons)
4. United States (30.4 tons)
5. Colombia (30.1 tons)
6. Singapore (29.0 tons)

Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the Dominican Republic

In 2022, overseas shipments of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses decreased by -87.5% to 530 kg, falling for the second consecutive year after two years of growth. Overall, exports faced a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 1,195%. As a result, the exports reached the peak of 10 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses contracted dramatically to $4.4K in 2022. In general, exports saw a abrupt downturn. The growth pace was the most rapid in 2020 when exports increased by 3,721%. As a result, the exports reached the peak of $211K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from the Dominican Republic in 2022:

1. Haiti (451.0 kg)
2. Turks and Caicos Islands (56.0 kg)
3. United States (11.0 kg)
4. Nicaragua (8.0 kg)

Source: IndexBox Market Intelligence Platform