Price for Woven Fabrics of Artificial Staple Fibres in the Dominican Republic - 2023
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in the Dominican Republic (CIF) - 2022
- Price for Woven Fabrics of Artificial Staple Fibres in the Dominican Republic (FOB) - 2022
- Imports of Woven Fabrics of Artificial Staple Fibres in the Dominican Republic
- Exports of Woven Fabrics of Artificial Staple Fibres in the Dominican Republic
Price for Woven Fabrics of Artificial Staple Fibres in the Dominican Republic (CIF) - 2022
In 2022, the average import price for woven fabrics of artificial staple fibres amounted to $8.9 per square meter, picking up by 105% against the previous year. Overall, the import price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 212%. As a result, import price attained the peak level of $20 per square meter. From 2018 to 2022, the average 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 Panama ($27 per square meter), while the price for China ($4.4 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+35.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Artificial Staple Fibres in the Dominican Republic (FOB) - 2022
In 2022, the average export price for woven fabrics of artificial staple fibres amounted to $3.1 per square meter, falling by -58.6% against the previous year. In general, the export price continues to indicate a perceptible contraction. The growth pace was the most rapid in 2013 an increase of 130% against the previous year. The export price peaked at $20 per square meter in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +7.2% per year.
Imports of Woven Fabrics of Artificial Staple Fibres in the Dominican Republic
After three years of growth, purchases abroad of woven fabrics of artificial staple fibres decreased by -52.3% to 47K square meters in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 365%. As a result, imports reached the peak of 99K square meters, and then fell sharply in the following year.
In value terms, imports of woven fabrics of artificial staple fibres fell to $421K in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 132% against the previous year. As a result, imports attained the peak of $431K, and then contracted slightly in the following year.
| Import of Woven Fabrics of Artificial Staple Fibres in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 55.8 | 112 | 303 | 229 | 60.1% |
| United States | 34.5 | 37.5 | 24.7 | 38.3 | 3.5% |
| India | 5.9 | 18.9 | 48.1 | 36.4 | 83.4% |
| Panama | 23.8 | 20.0 | 32.7 | 26.7 | 3.9% |
| Spain | 3.5 | 1.0 | 2.4 | 24.9 | 92.3% |
| Thailand | 32.6 | 0.2 | 6.2 | 18.0 | -18.0% |
| Others | 77.5 | -3.1 | 13.6 | 47.9 | -14.8% |
| Total | 234 | 186 | 431 | 421 | 21.6% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to the Dominican Republic in 2022:
- China (52.1K square meters)
- Thailand (3.7K square meters)
- India (2.2K square meters)
- Spain (2.2K square meters)
- United States (1.5K square meters)
- Panama (1.0K square meters)
Exports of Woven Fabrics of Artificial Staple Fibres in the Dominican Republic
In 2022, the amount of woven fabrics of artificial staple fibres exported from the Dominican Republic skyrocketed to 780 square meters, rising by 30% against 2021. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of woven fabrics of artificial staple fibres shrank rapidly to $2.4K in 2022. Over the period under review, exports, however, showed a dramatic decrease. The smallest decline of -20.7% was in 2020. The exports peaked at $8.2K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Woven Fabrics of Artificial Staple Fibres in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.0 | 0.4 | 3.8 | 5.4 | -3.5% |
| Panama | N/A | 6.1 | N/A | N/A | 0% |
| Switzerland | 2.2 | N/A | 0.5 | N/A | -52.3% |
| Others | N/A | N/A | 0.1 | -3.0 | -3100.0% |
| Total | 8.2 | 6.5 | 4.4 | 2.4 | -33.6% |
Top Export Markets for Woven Fabrics of Artificial Staple Fibres from the Dominican Republic in 2022:
- United States (348.0 square meters)
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