Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the Dominican Republic - 2023

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the Dominican Republic (CIF) - 2022
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the Dominican Republic (FOB) - 2022
  3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the Dominican Republic
  4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the Dominican Republic

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the Dominican Republic (CIF) - 2022

In 2022, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $2,594 per ton, surging by 21% against the previous year. Over the period under review, the import price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 41%. Over the period under review, average import prices hit record highs at $6,795 per ton in 2012; however, from 2013 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 the United States ($8,174 per ton), while the price for Guatemala ($1,412 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the Dominican Republic (FOB) - 2022

In 2022, the average export price for felt; whether or not impregnated, coated, covered or laminateds amounted to $1,436 per ton, standing approx. at the previous year. Over the period under review, the export price, however, showed a strong increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,437 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($3,083 per ton), while the average price for exports to Trinidad and Tobago ($1,013 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 Trinidad and Tobago (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the Dominican Republic

In 2022, after three years of growth, there was significant decline in overseas purchases of felt; whether or not impregnated, coated, covered or laminateds, when their volume decreased by -36.1% to 1.9K tons. Overall, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 30%.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds contracted remarkably to $5M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 38%.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.61.92.72.19.5%
United States0.51.31.71.233.9%
Guatemala0.71.21.20.98.7%
EcuadorN/AN/A0.30.30.0%
Turkey0.20.10.2N/A0.0%
Others0.50.20.40.50.0%
Total3.44.76.55.013.7%

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to the Dominican Republic in 2022:

  1. China (966.1 tons)
  2. Guatemala (647.0 tons)
  3. United States (144.3 tons)
  4. Ecuador (122.2 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the Dominican Republic

In 2022, approx. 357 tons of felt; whether or not impregnated, coated, covered or laminateds were exported from the Dominican Republic; which is down by -43% on the previous year's figure. In general, exports faced a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 133%. As a result, the exports reached the peak of 626 tons, and then shrank significantly in the following year.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds plummeted to $512K in 2022. Overall, exports showed a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 144%. As a result, the exports attained the peak of $900K, and then contracted significantly in the following year.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States479288587327-11.9%
BahamasN/AN/A16.865.1287.5%
Haiti3.24.013059.0164.2%
Jamaica18465.113642.5-38.6%
Trinidad and Tobago13.5N/AN/A12.5-2.5%
Others28.811.529.56.0-40.7%
Total709369900512-10.3%

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from the Dominican Republic in 2022:

  1. United States (257.1 tons)
  2. Bahamas (41.8 tons)
  3. Jamaica (25.7 tons)
  4. Haiti (19.1 tons)
  5. Trinidad and Tobago (12.4 tons)

Source: IndexBox Market Intelligence Platform

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