Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the Dominican Republic - 2023

Contents:

  1. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the Dominican Republic (CIF) - 2023
  2. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the Dominican Republic (FOB) - 2022
  3. Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the Dominican Republic
  4. Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the Dominican Republic

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the Dominican Republic (CIF) - 2023

The average import price for handbags with outer surface of plastic sheeting or of textile materialses stood at $2.8 per unit in March 2023, which is down by -47.1% against the previous month. In general, the import price showed a pronounced decline. The pace of growth appeared the most rapid in December 2022 an increase of 90% month-to-month. The import price peaked at $7.4 per unit in May 2022; however, from June 2022 to March 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Bangladesh ($12.5 per unit), while the price for the United States ($673 per thousand units) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (+22.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the Dominican Republic (FOB) - 2022

The average export price for handbags with outer surface of plastic sheeting or of textile materialses stood at $13 per unit in 2022, jumping by 137% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($21 per unit), while the average price for exports to Italy ($2.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the Dominican Republic

In 2022, approx. 3.6M units of handbags with outer surface of plastic sheeting or of textile materialses were imported into the Dominican Republic; increasing by 7.1% on the year before. In general, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 276%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of handbags with outer surface of plastic sheeting or of textile materialses surged to $9.5M in 2022. Overall, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 83% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.02.54.36.38.0%
United States0.20.10.31.176.5%
France0.70.50.90.98.7%
Others1.10.61.11.35.7%
Total6.93.66.69.511.2%

Top Suppliers of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials to the Dominican Republic in 2022:

  1. China (2795.3K units)
  2. United States (518.6K units)
  3. France (112.6K units)

Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the Dominican Republic

In 2022, after two years of decline, there was growth in shipments abroad of handbags with outer surface of plastic sheeting or of textile materialses, when their volume increased by 1.1% to 21K units. In general, exports, however, faced a abrupt setback. Over the period under review, the exports of reached the peak figure at 36K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of handbags with outer surface of plastic sheeting or of textile materialses skyrocketed to $275K in 2022. Over the period under review, exports posted a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10411747.082.1-7.6%
Peru7.2N/AN/A21.143.1%
Haiti8.65.9N/A20.333.1%
Spain55.016.56.913.3-37.7%
Mexico25.919.0N/A6.6-36.6%
ItalyN/AN/A41.34.1-90.1%
Others33.115.619.612756.6%
Total2341741152755.5%

Top Export Markets for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials from the Dominican Republic in 2022:

  1. United States (8.8K units)
  2. Peru (1.7K units)
  3. Italy (1.5K units)
  4. Haiti (1.2K units)
  5. Spain (0.9K units)
  6. Mexico (0.5K units)

Source: IndexBox Market Intelligence Platform

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