Price for Textile Machinery; Spinning Machines in the Dominican Republic - 2022
Contents:
- Price for Textile Machinery; Spinning Machines in the Dominican Republic (CIF) - 2022
- Price for Textile Machinery; Spinning Machines in the Dominican Republic (FOB) - 2022
- Imports of Textile Machinery; Spinning Machines in the Dominican Republic
- Exports of Textile Machinery; Spinning Machines in the Dominican Republic
Price for Textile Machinery; Spinning Machines in the Dominican Republic (CIF) - 2022
In 2022, the average textile machinery; spinning machines import price amounted to $2,491 per unit, with a decrease of -92.6% against the previous year. In general, the import price, however, posted strong growth. The growth pace was the most rapid in 2021 when the average import price increased by 751% against the previous year. As a result, import price attained the peak level of $33,503 per unit, and then dropped remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,988 per unit), while the price for China stood at $2,132 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+80.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Machinery; Spinning Machines in the Dominican Republic (FOB) - 2022
In 2021, the average textile machinery; spinning machines export price amounted to $4,000 per unit, shrinking by -35.5% against the previous year. In general, the export price faced a dramatic decline. The pace of growth was the most pronounced in 2020 an increase of 166%. The export price peaked at $25,826 per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2018 to 2021, the rate of growth in terms of prices for the United States amounted to -27.4% per year.
Imports of Textile Machinery; Spinning Machines in the Dominican Republic
In 2022, approx. 31 units of textile machinery; spinning machineses were imported into the Dominican Republic; waning by -39.2% on the year before. Over the period under review, imports showed a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 240% against the previous year. As a result, imports attained the peak of 51 units, and then declined rapidly in the following year.
In value terms, textile machinery; spinning machines imports fell dramatically to $77K in 2022. Overall, imports saw a precipitous decline. The pace of growth was the most pronounced in 2021 when imports increased by 2,795%. As a result, imports reached the peak of $1.7M, and then dropped markedly in the following year.
Import of Textile Machinery; Spinning Machines in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 33.6 | 8.8 | 1.9 | 53.3 | 16.6% |
United States | 10.4 | 4.9 | 35.2 | 23.9 | 32.0% |
Germany | 4.0 | 0.6 | 2.2 | N/A | -25.8% |
Austria | 1.3 | 0.3 | 1.6 | N/A | 10.9% |
France | N/A | N/A | 1,446 | N/A | 0% |
Japan | 1.1 | 0.2 | 1.0 | N/A | -4.7% |
Italy | 181 | 41.5 | 220 | N/A | 10.2% |
Others | 0.5 | 2.7 | 0.3 | N/A | -22.5% |
Total | 231 | 59.0 | 1,709 | 77.2 | -30.6% |
Top Suppliers of Textile Machinery; Spinning Machines to the Dominican Republic in 2022:
- China (25.0 units)
- United States (6.0 units)
Exports of Textile Machinery; Spinning Machines in the Dominican Republic
After two years of decline, shipments abroad of textile machinery; spinning machineses decreased by 99.9% to less than 0.1 units in 2022. Over the period under review, exports saw a significant decrease. The smallest decline of -75% was in 2020. Over the period under review, the exports reached the peak figure at 4 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, textile machinery; spinning machines exports skyrocketed to $5.1K in 2022. In general, exports faced a deep contraction. Over the period under review, the exports hit record highs at $9.3K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Textile Machinery; Spinning Machines in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
United States | 4.7 | 6.2 | 4.0 | -7.7% | |
Haiti | 4.5 | N/A | N/A | 0% | |
Saint Kitts and Nevis | 0.1 | N/A | N/A | 0% | |
Cuba | 0.1 | N/A | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 9.3 | 6.2 | 4.0 | -34.4% |
Top Export Markets for Textile Machinery; Spinning Machines from the Dominican Republic in 2022:
- United States (1.0 units)
This report provides an in-depth analysis of the market for textile weaving and knitting machinery in the Dominican Republic.
Global Textile Spinning Machine Market Report 2018. This report provides an in-depth analysis of the global textile spinning machine market.
This report provides an in-depth analysis of the global market for textile weaving and knitting machinery.
Global Textile Cutting Machine Market Report 2018. This report provides an in-depth analysis of the global textile cutting machine market.
Global Textile Spinning Machine Market Report 2018. This report provides an in-depth analysis of the global textile spinning machine market.
Explore the top import markets for textile weaving and knitting machinery in 2023, including key statistics and analysis. Find out which countries are leading the global market for textile machinery imports.
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