Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in the Dominican Republic - 2023

Contents:

1. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in the Dominican Republic (CIF) - 2022
2. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in the Dominican Republic (FOB) - 2022
3. Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in the Dominican Republic
4. Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in the Dominican Republic

Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in the Dominican Republic (CIF) - 2022

In 2022, the average import price for cotton waste (including yarn waste and garnetted stock) amounted to $1,656 per ton, rising by 116% against the previous year. Overall, the import price saw a noticeable expansion. The import price peaked at $2,013 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,041 per ton), while the price for Brazil ($901 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in the Dominican Republic (FOB) - 2022

In March 2022, the average export price for cotton waste (including yarn waste and garnetted stock) amounted to $2,693 per ton, dropping by -12.6% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $3,082 per ton in February 2022, and then contracted in the following month.

As there is only one major export destination, the average price level is determined by prices for Honduras.

From August 2021 to March 2022, the rate of growth in terms of prices for Honduras amounted to +1.7% per month.

Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in the Dominican Republic

In 2022, overseas purchases of cotton waste (including yarn waste and garnetted stock) were finally on the rise to reach 878 tons after two years of decline. Overall, imports enjoyed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) surged to $1.5M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to the Dominican Republic in 2022:

1. United States (607.2 tons)
2. India (234.1 tons)
3. Brazil (20.9 tons)
4. Honduras (15.2 tons)

Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in the Dominican Republic

In 2021, the amount of cotton waste (including yarn waste and garnetted stock) exported from the Dominican Republic reduced sharply to 65 tons, falling by -73.8% compared with the previous year. In general, exports faced a precipitous setback. The smallest decline of -45.6% was in 2020.

In value terms, exports of cotton waste (including yarn waste and garnetted stock) reduced markedly to $47K in 2021. Overall, exports continue to indicate a dramatic decline. The smallest decline of -47.1% was in 2020.

Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from the Dominican Republic in 2022:

1. Spain (62.9 tons)
2. Portugal (1.7 tons)

Source: IndexBox Market Intelligence Platform