Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the Dominican Republic - 2023
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the Dominican Republic (CIF) - 2022
- Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the Dominican Republic
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the Dominican Republic (CIF) - 2022
The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $3,385 per ton in 2022, increasing by 8.8% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 111% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,385 per ton), while the price for China stood at $400 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-4.2%), while the prices for the other major suppliers experienced a decline.
Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the Dominican Republic
In 2022, overseas purchases of synthetic staple fibres, carded, combed or otherwise processed for spinnings increased by 114% to 638 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt decline.
In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings soared to $2.2M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 315 | 309 | 927 | 2,160 | 90.0% |
China | 720 | 176 | 1.4 | N/A | -95.6% |
Vietnam | N/A | 217 | N/A | N/A | 0% |
Indonesia | 68.3 | N/A | N/A | N/A | 0% |
Others | 31.2 | 24.2 | N/A | N/A | -22.4% |
Total | 1,135 | 726 | 929 | 2,160 | 23.9% |
Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to the Dominican Republic in 2022:
- United States (638.0 tons)
- China (0.1 tons)
Global Synthetic Staple Fibre Market Report 2018. This report provides an in-depth analysis of the global synthetic staple fibre market.
Global Synthetic Staple Fibre Market Report 2018. This report provides an in-depth analysis of the global synthetic staple fibre market.
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