Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in the Dominican Republic - 2022

Contents:

  1. Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in the Dominican Republic (CIF) - 2022
  2. Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in the Dominican Republic

Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in the Dominican Republic (CIF) - 2022

The average import price for wool; (not carded or combed), degreased, (not carbonised), (other than shorn) stood at $3,059 per ton in 2022, shrinking by -14.2% against the previous year. Over the period under review, the import price recorded a perceptible reduction. The pace of growth appeared the most rapid in 2015 an increase of 35% against the previous year. Over the period under review, average import prices reached the peak figure at $7,923 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,633 per ton), while the price for the United States ($2,648 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced a decline.

Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in the Dominican Republic

In 2022, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) into the Dominican Republic skyrocketed to 2.5 tons, rising by 76% on the previous year. In general, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 232% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), (other than shorn) surged to $7.7K in 2022. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 106% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.31.02.23.741.7%
Panama1.10.91.92.734.9%
China0.30.51.01.258.7%
OthersN/AN/AN/AN/A0%
Total2.72.55.17.741.8%

Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), (Other than Shorn) to the Dominican Republic in 2022:

  1. United States (1395.0 kg)
  2. Panama (895.0 kg)
  3. China (218.0 kg)

Source: IndexBox Market Intelligence Platform

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