Price for Wigs; Complete, of Synthetic Textile Materials in the Dominican Republic - 2023

Contents:

  1. Price for Wigs; Complete, of Synthetic Textile Materials in the Dominican Republic (CIF) - 2022
  2. Price for Wigs; Complete, of Synthetic Textile Materials in the Dominican Republic (FOB) - 2022
  3. Imports of Wigs; Complete, of Synthetic Textile Materials in the Dominican Republic
  4. Exports of Wigs; Complete, of Synthetic Textile Materials in the Dominican Republic

Price for Wigs; Complete, of Synthetic Textile Materials in the Dominican Republic (CIF) - 2022

In 2022, the average import price for wigs; complete, of synthetic textile materialses amounted to $3.6 per unit, increasing by 55% against the previous year. In general, the import price, however, recorded a dramatic descent. Over the period under review, average import prices reached the maximum at $49 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4.7 per unit), while the price for China amounted to $3.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-22.1%).

Price for Wigs; Complete, of Synthetic Textile Materials in the Dominican Republic (FOB) - 2022

The average export price for wigs; complete, of synthetic textile materialses stood at $39 per unit in 2022, waning by -33.3% against the previous year. Over the period under review, the export price showed a abrupt downturn. The growth pace was the most rapid in 2014 an increase of 757%. As a result, the export price attained the peak level of $372 per unit. From 2015 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 Chile ($175 per unit), while the average price for exports to Colombia ($7.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+1,890.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wigs; Complete, of Synthetic Textile Materials in the Dominican Republic

Imports of wigs; complete, of synthetic textile materialses into the Dominican Republic surged to 81K units in 2022, rising by 42% on 2021. In general, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 194%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of wigs; complete, of synthetic textile materialses surged to $290K in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 223%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Wigs; Complete, of Synthetic Textile Materials in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China84.923.311126746.5%
United States34.414.23.97.9-38.8%
Others9.83.317.315.917.5%
Total12940.913229031.0%

Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to the Dominican Republic in 2022:

  1. China (78.8K units)
  2. United States (1.7K units)

Exports of Wigs; Complete, of Synthetic Textile Materials in the Dominican Republic

In 2022, exports of wigs; complete, of synthetic textile materialses from the Dominican Republic declined to 72 units, falling by -11.1% on the year before. Over the period under review, exports saw a precipitous setback. Over the period under review, the exports of reached the maximum at 2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of wigs; complete, of synthetic textile materialses contracted significantly to $2.8K in 2022. In general, exports faced a precipitous setback. Over the period under review, the exports of hit record highs at $59K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Wigs; Complete, of Synthetic Textile Materials in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States56.83.9N/A1.4-70.9%
Colombia1.0N/A0.20.4-26.3%
PanamaN/A0.20.20.20.0%
France0.10.81.30.226.0%
Chile0.62.63.00.2-30.7%
Others0.60.90.10.5-5.9%
Total59.18.34.72.8-63.8%

Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from the Dominican Republic in 2022:

  1. Colombia (48.0 units)
  2. United States (12.0 units)
  3. France (5.0 units)
  4. Panama (3.0 units)
  5. Chile (1.0 units)

Source: IndexBox Market Intelligence Platform

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