Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the Dominican Republic - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the Dominican Republic (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the Dominican Republic (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the Dominican Republic
- 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.
Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 949 | 885 | 642 | 1,850 | 24.9% |
China | 784 | 531 | 734 | 1,631 | 27.7% |
United States | 961 | 429 | 661 | 381 | -26.5% |
Japan | 397 | 96.3 | 463 | 367 | -2.6% |
Singapore | 180 | 156 | 99.3 | 314 | 20.4% |
Colombia | 77.1 | 35.8 | 113 | 212 | 40.1% |
Others | 223 | 101 | 210 | 280 | 7.9% |
Total | 3,571 | 2,234 | 2,922 | 5,036 | 12.1% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to the Dominican Republic in 2022:
- China (418.9 tons)
- Mexico (192.2 tons)
- Japan (52.0 tons)
- United States (30.4 tons)
- Colombia (30.1 tons)
- 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.
Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | N/A | 197 | 20.4 | 2.3 | -89.2% |
Nicaragua | N/A | N/A | N/A | 1.2 | 0% |
Turks and Caicos Islands | N/A | N/A | N/A | 0.2 | 0% |
United States | N/A | N/A | N/A | 0.1 | 0% |
Venezuela | 4.1 | N/A | N/A | N/A | 0% |
Jamaica | N/A | 14.3 | N/A | N/A | 0% |
Others | 1.4 | 0.1 | N/A | 0.6 | -24.6% |
Total | 5.5 | 211 | 20.4 | 4.4 | -7.2% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from the Dominican Republic in 2022:
- Haiti (451.0 kg)
- Turks and Caicos Islands (56.0 kg)
- United States (11.0 kg)
- Nicaragua (8.0 kg)
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