Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the Dominican Republic - 2023

Contents:

  1. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the Dominican Republic (CIF) - 2022
  2. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the Dominican Republic (FOB) - 2022
  3. Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the Dominican Republic
  4. Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the Dominican Republic

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the Dominican Republic (CIF) - 2022

The average import price for woven fabrics of carded wool or of carded fine animal hair stood at $5 per square meter in 2022, shrinking by -39.3% against the previous year. In general, the import price faced a deep slump. The growth pace was the most rapid in 2018 an increase of 109% against the previous year. Over the period under review, average import prices hit record highs at $20 per square meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 South Korea ($24 per square meter), while the price for China ($3.8 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the Dominican Republic (FOB) - 2022

The average export price for woven fabrics of carded wool or of carded fine animal hair stood at $7.9 per square meter in 2022, picking up by 10% against the previous year. Over the period under review, the export price, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2014 an increase of 64%. Over the period under review, the average export prices reached the maximum at $14 per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Norway amounted to +83.1% per year.

Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the Dominican Republic

In 2022, purchases abroad of woven fabrics of carded wool or of carded fine animal hair was finally on the rise to reach 256K square meters for the first time since 2019, thus ending a two-year declining trend. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of woven fabrics of carded wool or of carded fine animal hair skyrocketed to $1.3M in 2022. In general, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China46468961089924.7%
South Korea20.851.894.7298142.9%
United States2314221.231.7-48.4%
United Kingdom19141.210217.8-54.7%
Others2173.910.748.9-39.1%
Total1,1241,2088181,2954.8%

Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to the Dominican Republic in 2022:

  1. China (235.1K square meters)
  2. South Korea (12.5K square meters)
  3. United States (3.9K square meters)
  4. United Kingdom (1.3K square meters)

Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the Dominican Republic

After two years of decline, overseas shipments of woven fabrics of carded wool or of carded fine animal hair increased by 12% to 403 square meters in 2022. Over the period under review, exports, however, showed a sharp contraction. Over the period under review, the exports of hit record highs at 2.6K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of woven fabrics of carded wool or of carded fine animal hair skyrocketed to $3.2K in 2022. Overall, exports, however, saw a precipitous setback. The exports peaked at $12K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.32.52.63.2120.1%
United Arab Emirates11.5N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total11.82.52.63.2-35.3%

Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from the Dominican Republic in 2022:

  1. United States (403.0 square meters)

Source: IndexBox Market Intelligence Platform

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