Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the Dominican Republic - 2023

Contents:

  1. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the Dominican Republic (CIF) - 2022
  2. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the Dominican Republic (FOB) - 2022
  3. Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the Dominican Republic
  4. Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the Dominican Republic

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the Dominican Republic (CIF) - 2022

In 2022, the average import price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $5,903 per ton, jumping by 61% against the previous year. Over the period under review, the import price, however, showed a mild shrinkage. The import price peaked at $8,105 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($30,352 per ton), while the price for El Salvador ($1,557 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the Dominican Republic (FOB) - 2022

In 2022, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $2,206 per ton, waning by -54.4% against the previous year. Over the period under review, the export price saw a perceptible slump. The pace of growth was the most pronounced in 2013 when the average export price increased by 149% against the previous year. As a result, the export price reached the peak level of $6,986 per ton. From 2014 to 2022, the average export prices remained at a 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 Nicaragua ($28,774 per ton), while the average price for exports to Honduras ($1,022 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 Nicaragua (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the Dominican Republic

In 2022, imports of fabrics, knitted or crocheted, of a width of > 30 cms into the Dominican Republic surged to 14K tons, with an increase of 647% against the previous year. In general, 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 fabrics, knitted or crocheted, of a width of > 30 cms skyrocketed to $83M in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
VietnamN/A0.40.621.8638.2%
United States4.11.62.817.261.3%
China0.81.01.011.5143.1%
Taiwan (Chinese)1.50.20.26.260.5%
Peru0.20.10.25.8207.2%
IndiaN/AN/A0.25.22500.0%
Honduras0.80.30.44.172.4%
Others2.31.51.511.269.5%
Total9.85.06.983.2104.0%

Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to the Dominican Republic in 2022:

  1. United States (3.4K tons)
  2. Vietnam (2.9K tons)
  3. China (2.8K tons)
  4. Honduras (1.2K tons)
  5. Peru (0.9K tons)
  6. Taiwan (Chinese) (0.7K tons)
  7. India (0.7K tons)

Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the Dominican Republic

In 2022, exports of fabrics, knitted or crocheted, of a width of > 30 cms from the Dominican Republic skyrocketed to 155 tons, increasing by 15% compared with the year before. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 122%. As a result, the exports attained the peak of 177 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms contracted dramatically to $342K in 2022. Over the period under review, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 82%. As a result, the exports reached the peak of $823K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam292353328168-16.8%
Mexico10.373.582.360.680.5%
Honduras6.551.363.757.7107.1%
Haiti67.458.414441.5-14.9%
Nicaragua67.72054.31.8-70.2%
ColombiaN/A49.0N/AN/A0%
Others7.532.829.212.518.6%
Total451823651342-8.8%

Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from the Dominican Republic in 2022:

  1. Honduras (56.5 tons)
  2. Vietnam (45.4 tons)
  3. Mexico (29.2 tons)
  4. Haiti (21.5 tons)
  5. Nicaragua (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics; knitted or crocheted fabrics, other than those of headings 60.01 to 60.04 - Dominican Republic