Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the Dominican Republic - 2022

Contents:

  1. Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the Dominican Republic (CIF) - 2022
  2. Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the Dominican Republic

Price for Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the Dominican Republic (CIF) - 2022

In 2022, the average import price for wool; wool tops and other combed wool, other than in fragmentses amounted to $7,032 per ton, with a decrease of -24.2% against the previous year. Overall, the import price continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by 16%. Over the period under review, average import prices hit record highs at $14,368 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 the United States ($166,000 per ton), while the price for China ($1,552 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+28.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the Dominican Republic

In 2022, the amount of wool; wool tops and other combed wool, other than in fragmentses imported into the Dominican Republic declined dramatically to 31 kg, dropping by -49.2% compared with 2021 figures. Over the period under review, imports showed a precipitous contraction. The smallest decline of -28.2% was in 2021.

In value terms, imports of wool; wool tops and other combed wool, other than in fragmentses contracted rapidly to $218 in 2022. Overall, imports saw a precipitous setback. The smallest decline of -37.9% was in 2021.

Import of Wool; Wool Tops and Other Combed Wool, Other than in Fragments in the Dominican Republic (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States973652426166-44.5%
China47326014045.0-54.3%
Singapore24.0N/AN/A7.0-33.7%
OthersN/AN/AN/AN/A0%
Total1,470912566218-47.1%

Top Suppliers of Wool; Wool Tops and Other Combed Wool, Other than in Fragments to the Dominican Republic in 2022:

  1. China (29.0 kg)
  2. United States (1.0 kg)
  3. Singapore (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Wool; wool tops and other combed wool, other than in fragments - Dominican Republic