Price for Wool, Not Carded or Combed in the Dominican Republic - 2022
Contents:
- Price for Wool, Not Carded or Combed in the Dominican Republic (CIF) - 2022
- Imports of Wool, Not Carded or Combed in the Dominican Republic
Price for Wool, Not Carded or Combed in the Dominican Republic (CIF) - 2022
The average import price for wool, not carded or combed stood at $3,059 per ton in 2022, shrinking by -16.7% against the previous year. Over the period under review, the import price, however, saw a mild expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 279% against the previous year. As a result, import price reached the peak level of $9,958 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,109 per ton), while the price for China ($1,415 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Wool, Not Carded or Combed in the Dominican Republic
Wool, not carded or combed imports into the Dominican Republic declined sharply to 2.5 tons in 2022, reducing by -30.2% on 2021. Over the period under review, imports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 247%. As a result, imports reached the peak of 3.6 tons, and then contracted rapidly in the following year.
In value terms, wool, not carded or combed imports declined dramatically to $7.7K in 2022. Overall, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 130%.
| Import of Wool, Not Carded or Combed in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 1.4 | 1.0 | 5.2 | 3.8 | 39.5% |
| United States | 2.4 | 0.7 | 6.5 | 2.8 | 5.3% |
| China | 0.6 | 0.3 | 1.5 | 1.2 | 26.0% |
| Finland | N/A | 8.2 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.5 | 10.3 | 13.2 | 7.7 | 19.6% |
Top Suppliers of Wool, Not Carded or Combed to the Dominican Republic in 2022:
- Panama (1152.0 kg)
- China (814.0 kg)
- United States (542.0 kg)
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