Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in the Dominican Republic - 2022

Contents:

1. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in the Dominican Republic (FOB) - 2022
2. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in the Dominican Republic (CIF) - 2022
3. Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in the Dominican Republic
4. Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in the Dominican Republic

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in the Dominican Republic (FOB) - 2022

In 2022, the average export price for yarn of other vegetable textile fibres; paper yarns amounted to $5,718 per ton, waning by -18.1% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for yarn of other vegetable textile fibres; paper yarns decreased by -35.7% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 31% against the previous year. As a result, the export price reached the peak level of $8,896 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($16,412 per ton), while the average price for exports to Mexico ($2,933 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in the Dominican Republic (CIF) - 2022

The average import price for yarn of other vegetable textile fibres; paper yarns stood at $2,318 per ton in 2022, shrinking by -10% against the previous year. Overall, the import price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2013 an increase of 85%. As a result, import price reached the peak level of $6,447 per ton. From 2014 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 ($13,500 per ton), while the price for China ($616 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+942.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in the Dominican Republic

In 2022, the amount of yarn of other vegetable textile fibres; paper yarns exported from the Dominican Republic surged to 99 tons, picking up by 56% against the previous year's figure. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.0% 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 +67.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of yarn of other vegetable textile fibres; paper yarns skyrocketed to $566K in 2022. The total export value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Yarn of Other Vegetable Textile Fibres; Paper Yarn from the Dominican Republic in 2022:

1. Canada (60.0 tons)
2. Mexico (11.0 tons)
3. South Korea (6.2 tons)
4. Malaysia (3.3 tons)
5. Paraguay (3.1 tons)
6. Brazil (2.2 tons)
7. Indonesia (2.2 tons)
8. France (1.6 tons)
9. Costa Rica (1.4 tons)
10. South Africa (0.7 tons)
11. Vietnam (0.7 tons)

Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in the Dominican Republic

In 2022, imports of yarn of other vegetable textile fibres; paper yarns into the Dominican Republic rose sharply to 3.3 tons, growing by 15% on the previous year. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 455%. As a result, imports attained the peak of 4 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of yarn of other vegetable textile fibres; paper yarns rose to $7.7K in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 600% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to the Dominican Republic in 2022:

1. Panama (2182.0 kg)
2. China (492.0 kg)
3. Spain (291.0 kg)
4. Canada (186.0 kg)
5. Colombia (170.0 kg)

Source: IndexBox Market Intelligence Platform