Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Dominican Republic - 2023

Contents:

  1. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Dominican Republic (CIF) - 2022
  2. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Dominican Republic (FOB) - 2022
  3. Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Dominican Republic
  4. Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Dominican Republic

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Dominican Republic (CIF) - 2022

In 2022, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $28 per unit, surging by 104% against the previous year. In general, the import price posted a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Peru ($44 per unit), while the price for Italy ($6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Dominican Republic (FOB) - 2022

In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $20 per unit, growing by 65% against the previous year. Overall, the export price posted a temperate increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 143%. As a result, the export price attained the peak level of $36 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($24 per unit), while the average price for exports to France stood at $11 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+23.5%).

Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Dominican Republic

In 2022, the amount of track suits; of synthetic fibres, knitted or crocheteds imported into the Dominican Republic contracted rapidly to 4.9K units, shrinking by -71.3% compared with 2021. In general, imports saw a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 151% against the previous year. As a result, imports attained the peak of 17K units, and then reduced dramatically in the following year.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds declined sharply to $138K in 2022. Overall, imports continue to indicate a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 111%. As a result, imports attained the peak of $236K, and then fell markedly in the following year.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru71.040.910285.46.3%
China34.429.772.424.0-11.3%
United States2.40.11.311.568.6%
Spain1.81.40.27.560.9%
HondurasN/A4.1N/A5.818.9%
Colombia3.81.62.01.2-31.9%
Mexico1.119.834.80.2-43.3%
Italy31.36.313.9N/A-33.4%
Others6.28.09.12.6-25.1%
Total152112236138-3.2%

Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to the Dominican Republic in 2022:

  1. Peru (1953.0 units)
  2. China (1930.0 units)
  3. Spain (323.0 units)
  4. United States (284.0 units)
  5. Honduras (218.0 units)
  6. Colombia (75.0 units)
  7. Mexico (18.0 units)
  8. Italy (2.0 units)

Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Dominican Republic

In 2022, approx. 479 units of track suits; of synthetic fibres, knitted or crocheteds were exported from the Dominican Republic; picking up by 217% against 2021. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 529%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds soared to $9.6K in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,378%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Dominican Republic (USD)
COUNTRY2019202020212022CAGR,
2019-2022
CubaN/AN/AN/A5040%
FranceN/AN/AN/A1140%
Spain160N/A92.0N/A-24.2%
United States419N/A180N/A-34.5%
Others3,9871241,5618,95331.0%
Total4,5661241,8339,57128.0%

Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from the Dominican Republic in 2022:

  1. Cuba (21.0 units)
  2. France (10.0 units)

Source: IndexBox Market Intelligence Platform

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