Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in the Dominican Republic - 2022

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in the Dominican Republic (CIF) - 2022
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in the Dominican Republic (FOB) - 2022
3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in the Dominican Republic
4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in the Dominican Republic

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in the Dominican Republic (CIF) - 2022

The average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters stood at $4,016 per ton in 2022, flattening at the previous year. Overall, the import price recorded a abrupt descent. The pace of growth appeared the most rapid in 2014 when the average import price increased by 129%. Over the period under review, average import prices attained the peak figure at $9,444 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Brazil ($10,396 per ton), while the price for Panama ($820 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+10.5%), while the prices for the other major suppliers experienced a decline.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in the Dominican Republic (FOB) - 2022

In 2021, the average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $3,467 per ton, with a decrease of -91.5% against the previous year. In general, the export price saw a significant decrease. The export price peaked at $40,800 per ton in 2020, and then fell markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Barbados.

From 2020 to 2021, the rate of growth in terms of prices for Barbados amounted to -90.4% per year.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in the Dominican Republic

In 2022, the amount of textile fabrics; tyrecord of high tenacity yarn of polyesters imported into the Dominican Republic skyrocketed to 2.6 tons, increasing by 65% on 2021. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 395%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters skyrocketed to $11K in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 356%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to the Dominican Republic in 2022:

1. United States (1644.0 kg)
2. Panama (951.0 kg)
3. Brazil (48.0 kg)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in the Dominican Republic

In 2021, the amount of textile fabrics; tyrecord of high tenacity yarn of polyesters exported from the Dominican Republic skyrocketed to 244 kg, growing by 1,335% compared with the year before. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters surged to $846 in 2021. In general, total exports indicated significant growth from 2020 to 2021: its value increased at an average annual rate of +38.2% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester from the Dominican Republic in 2022:

1. Barbados (244.0 kg)

Source: IndexBox Market Intelligence Platform