Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in the Dominican Republic - 2022

Contents:

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

Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in the Dominican Republic (FOB) - 2022

The average export price for woven fabrics of coarse animal hair or of horsehair stood at $14,314 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 1.1%. Over the period under review, the average export prices reached the peak figure at $14,314 per ton in 2016; afterwards, it flattened through to 2022.

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 -0.4% per year.

Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in the Dominican Republic (CIF) - 2022

In 2022, the average import price for woven fabrics of coarse animal hair or of horsehair amounted to $58,800 per ton, with an increase of 60% against the previous year. Overall, the import price saw a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($75,000 per ton), while the price for Italy ($37,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Woven Fabrics of Coarse Animal Hair or of Horsehair in the Dominican Republic

Exports of woven fabrics of coarse animal hair or of horsehair from the Dominican Republic skyrocketed to 44 tons in 2022, growing by 20% against the year before. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.0% 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 +72.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of woven fabrics of coarse animal hair or of horsehair skyrocketed to $626K in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Woven Fabrics of Coarse Animal Hair or of Horsehair from the Dominican Republic in 2022:

1. United States (43.7 tons)

Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in the Dominican Republic

After two years of decline, supplies from abroad of woven fabrics of coarse animal hair or of horsehair increased by 20% to 55 kg in 2022. Overall, imports, however, continue to indicate a precipitous slump.

In value terms, imports of woven fabrics of coarse animal hair or of horsehair surged to $3.2K in 2022. In general, imports, however, showed a significant curtailment.

Top Suppliers of Woven Fabrics of Coarse Animal Hair or of Horsehair to the Dominican Republic in 2022:

1. United States (53.0 kg)
2. Italy (1.0 kg)
3. China (1.0 kg)

Source: IndexBox Market Intelligence Platform