Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the Dominican Republic - 2023
Contents:
- Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the Dominican Republic (CIF) - 2022
- Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the Dominican Republic (FOB) - 2022
- Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the Dominican Republic
- Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the Dominican Republic
Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the Dominican Republic (CIF) - 2022
In 2022, the average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $1,158 per ton, increasing by 3.2% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 18%. The import price peaked at $1,174 per ton in 2020; afterwards, it flattened through to 2022.
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 Thailand ($2,245 per ton), while the price for Honduras ($880 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the Dominican Republic (FOB) - 2022
The average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $737 per ton in 2022, with an increase of 8.4% against the previous year. In general, the export price, however, continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2015 when the average export price increased by 57%. Over the period under review, the average export prices reached the peak figure at $1,687 per ton in 2017; however, from 2018 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 the United States ($993 per ton), while the average price for exports to Barbados ($230 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 Bolivia (+1.7%), while the prices for the other major destinations experienced a decline.
Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the Dominican Republic
In 2022, approx. 1.5K tons of waste (including noils, yarn waste and garnetted stock), of man-made fibreses were imported into the Dominican Republic; dropping by -50.3% against 2021 figures. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 86% against the previous year. As a result, imports reached the peak of 3K tons, and then declined notably in the following year.
In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses dropped markedly to $1.7M in 2022. Overall, imports showed a noticeable contraction. The pace of growth was the most pronounced in 2021 when imports increased by 78% against the previous year. As a result, imports reached the peak of $3.4M, and then fell notably in the following year.
| Import of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,069 | 1,107 | 1,898 | 814 | -8.7% |
| Honduras | 434 | 256 | 928 | 578 | 10.0% |
| Singapore | 25.9 | 85.8 | 153 | 151 | 80.0% |
| South Korea | 194 | 96.6 | 208 | 37.6 | -42.1% |
| China | 111 | 105 | 20.6 | 17.1 | -46.4% |
| Others | 134 | 238 | 152 | 125 | -2.3% |
| Total | 1,967 | 1,889 | 3,359 | 1,723 | -4.3% |
Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to the Dominican Republic in 2022:
- United States (675.9 tons)
- Honduras (657.6 tons)
- Singapore (100.4 tons)
- South Korea (22.7 tons)
- China (13.7 tons)
Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the Dominican Republic
In 2022, approx. 36 tons of waste (including noils, yarn waste and garnetted stock), of man-made fibreses were exported from the Dominican Republic; which is down by -5.2% on 2021 figures. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 299% against the previous year. As a result, the exports reached the peak of 38 tons, and then fell in the following year.
In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $27K in 2022. In general, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 133% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 16.4 | 8.2 | 17.3 | 21.3 | 9.1% |
| United States | 3.1 | 1.8 | 4.1 | 3.7 | 6.1% |
| Barbados | 1.8 | 0.7 | 1.3 | 1.3 | -10.3% |
| Spain | N/A | N/A | 3.3 | N/A | 0% |
| Others | 0.2 | 0.5 | 0.1 | 0.4 | 26.0% |
| Total | 21.6 | 11.2 | 26.0 | 26.8 | 7.5% |
Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from the Dominican Republic in 2022:
- Bolivia (26.6 tons)
- Barbados (5.8 tons)
- United States (3.7 tons)
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