Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the Dominican Republic - 2023
Contents:
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the Dominican Republic (CIF) - 2022
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the Dominican Republic (FOB) - 2022
- Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the Dominican Republic
- Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the Dominican Republic
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the Dominican Republic (CIF) - 2022
The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $107 per unit in 2022, increasing by 117% against the previous year. Overall, the import price, however, showed a abrupt slump. The import price peaked at $823 per unit in 2013; however, from 2014 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 Italy ($262 per unit), while the price for the United States ($18 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the Dominican Republic (FOB) - 2022
In 2022, the average export price for articles of apparel, clothing accessories and other articles of furskin amounted to $95 per unit, shrinking by -65.2% against the previous year. Over the period under review, the export price, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2020 an increase of 486%. As a result, the export price attained the peak level of $337 per unit. From 2021 to 2022, the average 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 the United States amounted to +14.3% per year.
Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the Dominican Republic
Imports of articles of apparel, clothing accessories and other articles of furskin into the Dominican Republic dropped markedly to 34 units in 2022, which is down by -83.7% against the year before. In general, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 267% against the previous year. Over the period under review, imports of reached the peak figure at 1.9K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of articles of apparel, clothing accessories and other articles of furskin dropped notably to $3.7K in 2022. Overall, imports saw a precipitous decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 303%. Imports peaked at $89K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.5 | 0.8 | 0.1 | 1.8 | -37.9% |
| Spain | 15.2 | 1.0 | 3.2 | 1.5 | -53.8% |
| Italy | 2.3 | N/A | 0.9 | 0.3 | -49.3% |
| United States | N/A | 0.4 | 1.2 | 0.1 | -50.0% |
| India | 61.5 | 0.4 | 2.4 | N/A | -80.2% |
| Brazil | 0.5 | N/A | 2.5 | N/A | 123.6% |
| Others | 2.4 | N/A | 0.1 | N/A | -79.6% |
| Total | 89.4 | 2.6 | 10.3 | 3.7 | -65.4% |
Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to the Dominican Republic in 2022:
- China (22.0 units)
- Spain (8.0 units)
- United States (3.0 units)
- Italy (1.0 units)
Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the Dominican Republic
In 2022, shipments abroad of articles of apparel, clothing accessories and other articles of furskin was finally on the rise to reach 4 units after two years of decline. Over the period under review, exports, however, recorded a sharp descent. Over the period under review, the exports of attained the peak figure at 40 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of articles of apparel, clothing accessories and other articles of furskin plummeted to $378 in 2022. Overall, exports, however, showed a significant contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 46%. As a result, the exports reached the peak of $3.4K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 623 | N/A | N/A | 29.0 | -64.0% |
| Spain | 802 | 3,359 | N/A | N/A | 318.8% |
| Antigua and Barbuda | N/A | 10.0 | N/A | N/A | 0% |
| France | 843 | N/A | N/A | N/A | 0% |
| Others | 33.0 | N/A | 814 | 349 | 119.5% |
| Total | 2,301 | 3,369 | 814 | 378 | -45.2% |
Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from the Dominican Republic in 2022:
- United States (1.0 units)
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