Price for Silk; Woven Fabrics of Noil Silk in the Dominican Republic - 2022
Contents:
- Price for Silk; Woven Fabrics of Noil Silk in the Dominican Republic (CIF) - 2022
- Imports of Silk; Woven Fabrics of Noil Silk in the Dominican Republic
Price for Silk; Woven Fabrics of Noil Silk in the Dominican Republic (CIF) - 2022
In 2022, the average import price for silk; woven fabrics of noil silks amounted to $41,432 per ton, which is down by -20.9% against the previous year. In general, the import price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2017 an increase of 39%. Over the period under review, average import prices hit record highs at $71,000 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Panama ($73,541 per ton), while the price for the United States ($12,163 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Silk; Woven Fabrics of Noil Silk in the Dominican Republic
Imports of silk; woven fabrics of noil silks into the Dominican Republic skyrocketed to 220 kg in 2022, jumping by 165% on the previous year. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of silk; woven fabrics of noil silks surged to $9.1K in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silk; Woven Fabrics of Noil Silk in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 1.2 | 1.2 | 2.8 | 7.2 | 81.7% |
| United States | 1.3 | 0.8 | 1.1 | 1.1 | -5.4% |
| Canada | 0.2 | 0.2 | 0.3 | 0.7 | 51.8% |
| Haiti | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 2.7 | 2.2 | 4.3 | 9.1 | 49.9% |
Top Suppliers of Silk; Woven Fabrics of Noil Silk to the Dominican Republic in 2022:
- Panama (98.0 kg)
- United States (92.0 kg)
- Canada (28.0 kg)
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