Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Dominican Republic - 2023
Contents:
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Dominican Republic (CIF) - 2022
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Dominican Republic (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Dominican Republic
- Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Dominican Republic
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Dominican Republic (CIF) - 2022
In 2022, the average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s amounted to $668 per thousand units, which is down by -3.6% against the previous year. Overall, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of 79% against the previous year. The import price peaked at $1.9 per unit 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 Italy ($3.8 per unit), while the price for China ($470 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.7%), while the prices for the other major suppliers experienced a decline.
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Dominican Republic (FOB) - 2022
The average export price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $1.1 per unit in 2022, jumping by 53% against the previous year. Overall, the export price, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2017 an increase of 63% against the previous year. The export price peaked at $2.1 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($5.7 per unit), while the average price for exports to the United States amounted to $1.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+12.9%).
Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Dominican Republic
In 2022, purchases abroad of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s was finally on the rise to reach 204K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a sharp curtailment. Over the period under review, imports of hit record highs at 438K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s surged to $136K in 2022. In general, imports, however, continue to indicate a pronounced shrinkage. Over the period under review, imports of hit record highs at $152K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 117 | 26.7 | 32.8 | 60.4 | -19.8% |
| United States | 2.2 | 3.7 | 2.1 | 57.0 | 195.9% |
| Italy | 27.7 | 8.5 | 0.1 | 3.6 | -49.3% |
| Others | 4.8 | 5.0 | 3.1 | 15.1 | 46.5% |
| Total | 152 | 43.9 | 38.1 | 136 | -3.6% |
Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to the Dominican Republic in 2022:
- China (128.5K units)
- United States (70.1K units)
- Italy (1.0K units)
Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Dominican Republic
For the fourth consecutive year, the Dominican Republic recorded growth in overseas shipments of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s, which increased by 41% to 68K units in 2022. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 46%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s soared to $76K in 2022. Overall, exports saw a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 55.6 | 52.9 | 35.0 | 76.2 | 11.1% |
| Others | 0.1 | N/A | 0.5 | 0.1 | 0.0% |
| Total | 55.8 | 52.9 | 35.5 | 76.3 | 11.0% |
Top Export Markets for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) from the Dominican Republic in 2022:
- United States (68.4K units)
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In value terms, ties, bow ties and cravats exports amounted to $X in 2016. Overall, ties, bow ties and cravats exports continue to indicate a drastic decline. Global ties, bow ties and cravats expo...
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