Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in the Dominican Republic - 2023

Contents:

  1. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Dominican Republic (FOB) - 2023
  2. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Dominican Republic (CIF) - 2022
  3. Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Dominican Republic
  4. Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Dominican Republic

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Dominican Republic (FOB) - 2023

In March 2023, the average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $2.0 per unit, rising by 14% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 an increase of 36% month-to-month. The export price peaked at $2.3 per unit in August 2022; however, from September 2022 to March 2023, the export prices stood at a somewhat lower figure.

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

From March 2022 to March 2023, the rate of growth in terms of prices for the United States amounted to +0.2% per month.

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Dominican Republic (CIF) - 2022

In 2022, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $7.6 per unit, growing by 78% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible descent. Over the period under review, average import prices hit record highs at $11 per unit in 2015; however, from 2016 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 Bangladesh ($12 per unit), while the price for Haiti ($1.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Dominican Republic

In 2022, overseas shipments of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted decreased by -0.1% to 13M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 86% against the previous year. As a result, the exports reached the peak of 13M units, leveling off in the following year.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted rose modestly to $25M in 2022. In general, exports showed a pronounced decrease. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year. The exports peaked at $27M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States25.319.523.624.3-1.3%
Others1.71.30.90.5-33.5%
Total27.020.724.424.8-2.8%

Top Export Markets for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted from the Dominican Republic in 2022:

  1. United States (12.4M units)

Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Dominican Republic

In 2022, approx. 1.3M units of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted were imported into the Dominican Republic; which is down by -39% against the previous year's figure. In general, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. As a result, imports attained the peak of 2.1M units, and then reduced notably in the following year.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted rose notably to $9.7M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 69% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.12.85.76.47.9%
Turkey0.30.30.60.732.6%
Bangladesh0.10.20.60.791.3%
United States0.50.80.70.4-7.2%
Portugal0.20.10.20.314.5%
Pakistan0.10.10.10.226.0%
Haiti0.40.60.50.1-37.0%
Others0.40.40.51.035.7%
Total7.15.38.99.711.0%

Top Suppliers of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted to the Dominican Republic in 2022:

  1. China (706.1K units)
  2. United States (229.2K units)
  3. Turkey (98.7K units)
  4. Bangladesh (56.0K units)
  5. Haiti (40.1K units)
  6. Pakistan (28.3K units)
  7. Portugal (23.3K units)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted - Dominican Republic