Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in the Dominican Republic - 2023

Contents:

1. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in the Dominican Republic (CIF) - 2022
2. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in the Dominican Republic (FOB) - 2022
3. Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in the Dominican Republic
4. Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in the Dominican Republic

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in the Dominican Republic (CIF) - 2022

The average import price for tents of textile materials other than cotton or synthetic fibreses stood at $8,926 per ton in 2022, growing by 60% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 177% against the previous year. The import price peaked at $9,361 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 China ($9,736 per ton), while the price for Spain ($1,287 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+21.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in the Dominican Republic (FOB) - 2022

In 2022, the average export price for tents of textile materials other than cotton or synthetic fibreses amounted to $28,984 per ton, growing by 51% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tents of textile materials other than cotton or synthetic fibreses increased by +108.4% against 2018 indices. The pace of growth was the most pronounced in 2020 an increase of 59% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guyana ($31,799 per ton), while the average price for exports to Jamaica ($3,333 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 Bahamas (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in the Dominican Republic

In 2022, purchases abroad of tents of textile materials other than cotton or synthetic fibreses decreased by -40.2% to 9.8 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a dramatic curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 54% against the previous year. As a result, imports reached the peak of 39 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of tents of textile materials other than cotton or synthetic fibreses reduced modestly to $87K in 2022. In general, imports showed a noticeable slump. The growth pace was the most rapid in 2020 with an increase of 185%. As a result, imports attained the peak of $288K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Tents of Textile Materials Other than Cotton or Synthetic Fibres to the Dominican Republic in 2022:

1. China (4.8 tons)
2. United States (4.6 tons)

Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in the Dominican Republic

In 2022, the amount of tents of textile materials other than cotton or synthetic fibreses exported from the Dominican Republic fell rapidly to 1.5 tons, shrinking by -28.5% compared with the year before. Overall, exports continue to indicate a sharp decline. The smallest decline of -16.1% was in 2021.

In value terms, exports of tents of textile materials other than cotton or synthetic fibreses expanded significantly to $43K in 2022. Over the period under review, exports recorded a dramatic contraction.

Top Export Markets for Tents of Textile Materials Other than Cotton or Synthetic Fibres from the Dominican Republic in 2022:

1. Guyana (959.0 kg)
2. Bahamas (282.0 kg)
3. Grenada (254.0 kg)

Source: IndexBox Market Intelligence Platform