Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the Dominican Republic - 2023
Contents:
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the Dominican Republic (CIF) - 2022
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the Dominican Republic (FOB) - 2022
- Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the Dominican Republic
- Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the Dominican Republic
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the Dominican Republic (CIF) - 2022
In 2022, the average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $4,485 per unit, picking up by 104% against the previous year. Overall, the import price, however, recorded a abrupt decline. The import price peaked at $11,152 per unit 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 Honduras ($19,924 per unit), while the price for Hong Kong SAR ($1,411 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+40.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the Dominican Republic (FOB) - 2022
The average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $8,216 per unit in 2022, increasing by 170% against the previous year. Over the period under review, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of 3,764% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
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 Guatemala ($11,937 per unit), while the average price for exports to Nicaragua ($1,306 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 Nicaragua (+98.1%), while the prices for the other major destinations experienced a decline.
Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the Dominican Republic
For the fourth year in a row, the Dominican Republic recorded growth in purchases abroad of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses, which increased by 65% to 594 units in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 590% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses surged to $2.7M in 2022. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 325% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 87.5 | 53.8 | 627 | 1,549 | 160.6% |
| China | 50.3 | 22.0 | 97.8 | 671 | 137.2% |
| Honduras | 1.4 | 2.9 | N/A | 339 | 523.3% |
| Hong Kong SAR | N/A | 10.9 | 0.7 | 57.9 | 130.5% |
| Mexico | 0.4 | N/A | 1.7 | 22.3 | 282.0% |
| South Korea | 1.1 | 58.3 | N/A | N/A | 5200.0% |
| Japan | 0.9 | N/A | 12.7 | N/A | 275.6% |
| Others | 14.5 | 37.6 | 49.9 | 25.4 | 20.5% |
| Total | 156 | 186 | 789 | 2,664 | 157.5% |
Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to the Dominican Republic in 2022:
- United States (443.0 units)
- China (64.0 units)
- Hong Kong SAR (41.0 units)
- Honduras (17.0 units)
- Mexico (15.0 units)
Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the Dominican Republic
In 2022, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses from the Dominican Republic skyrocketed to 12 units, jumping by 500% against the year before. In general, exports posted a tangible expansion. The exports peaked at 25 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses surged to $99K in 2022. Over the period under review, exports posted significant growth. The exports peaked at $123K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | N/A | N/A | N/A | 83.6 | 0% |
| United States | 14.5 | 100 | N/A | 7.5 | -19.7% |
| Haiti | 10.1 | 9.8 | 0.1 | 6.2 | -15.0% |
| Nicaragua | 18.0 | 13.6 | N/A | 1.3 | -58.4% |
| El Salvador | 2.3 | N/A | N/A | N/A | 0% |
| Brazil | N/A | N/A | 6.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 45.0 | 123 | 6.1 | 98.6 | 29.9% |
Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from the Dominican Republic in 2022:
- Guatemala (7.0 units)
- United States (2.0 units)
- Haiti (2.0 units)
- Nicaragua (1.0 units)
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