Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the Dominican Republic - 2023
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the Dominican Republic (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the Dominican Republic (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the Dominican Republic
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the Dominican Republic
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the Dominican Republic (CIF) - 2022
In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $3,150 per ton, waning by -33.9% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 42% against the previous year. As a result, import price attained the peak level of $4,762 per ton, and then dropped sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12,301 per ton), while the price for Belgium ($1,624 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the Dominican Republic (FOB) - 2022
In 2022, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $5,526 per ton, growing by 38% against the previous year. Over the period under review, the export price posted a slight expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 60% against the previous year. Over the period under review, the average export prices reached the peak figure at $6,889 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jamaica ($9,245 per ton), while the average price for exports to the United States ($2,272 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 Costa Rica (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the Dominican Republic
In 2022, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into the Dominican Republic shrank markedly to 606 tons, falling by -62.8% against 2021 figures. Overall, imports showed a sharp descent. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. As a result, imports attained the peak of 1.6K tons, and then contracted markedly in the following year.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) shrank notably to $1.9M in 2022. In general, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 136%. As a result, imports attained the peak of $7.8M, and then fell remarkably in the following year.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,464 | 1,104 | 1,679 | 603 | -25.6% |
| United States | 1,772 | 1,055 | 4,733 | 392 | -39.5% |
| Colombia | 205 | 203 | 471 | 224 | 3.0% |
| Spain | 272 | 152 | 80.1 | 180 | -12.9% |
| Costa Rica | 6.6 | 0.5 | 106 | 93.9 | 142.3% |
| Belgium | 164 | 81.2 | 12.6 | 75.2 | -22.9% |
| Mexico | 507 | 420 | 348 | 60.5 | -50.8% |
| South Korea | 135 | N/A | 23.9 | N/A | -57.9% |
| Others | 139 | 264 | 299 | 280 | 26.3% |
| Total | 4,666 | 3,279 | 7,752 | 1,908 | -25.8% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to the Dominican Republic in 2022:
- China (300.7 tons)
- Colombia (78.6 tons)
- Spain (64.6 tons)
- Belgium (46.3 tons)
- Costa Rica (39.1 tons)
- United States (31.9 tons)
- Mexico (11.9 tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the Dominican Republic
Exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) from the Dominican Republic fell dramatically to 12 tons in 2022, declining by -52.7% against 2021 figures. Overall, exports recorded a dramatic decrease. The growth pace was the most rapid in 2021 with an increase of 99%.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) reduced sharply to $66K in 2022. In general, exports showed a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 121% against the previous year.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 0.1 | N/A | 57.9 | 2306.2% |
| United States | 82.4 | 5.4 | 7.1 | 5.0 | -60.7% |
| Haiti | 28.5 | 32.6 | 78.5 | 1.5 | -62.5% |
| Turks and Caicos Islands | 1.7 | 0.2 | 1.5 | 0.8 | -22.2% |
| Jamaica | 36.8 | N/A | N/A | 0.5 | -76.1% |
| Antigua and Barbuda | 49.0 | N/A | 1.6 | N/A | -81.9% |
| Costa Rica | N/A | 1.0 | 5.3 | N/A | 430.0% |
| Others | 0.4 | 6.4 | 6.8 | 0.2 | -20.6% |
| Total | 199 | 45.7 | 101 | 65.9 | -30.8% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from the Dominican Republic in 2022:
- France (9.2 tons)
- United States (2.2 tons)
- Haiti (0.3 tons)
- Turks and Caicos Islands (0.2 tons)
- Jamaica (0.1 tons)
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