Price for Track Suits; of Cotton, Knitted or Crocheted in the Dominican Republic - 2023
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in the Dominican Republic (CIF) - 2022
- Price for Track Suits; of Cotton, Knitted or Crocheted in the Dominican Republic (FOB) - 2022
- Imports of Track Suits; of Cotton, Knitted or Crocheted in the Dominican Republic
- Exports of Track Suits; of Cotton, Knitted or Crocheted in the Dominican Republic
Price for Track Suits; of Cotton, Knitted or Crocheted in the Dominican Republic (CIF) - 2022
In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $4.7 per unit, falling by -32.2% against the previous year. Over the period under review, the import price showed a drastic downturn. The growth pace was the most rapid in 2014 an increase of 6%. As a result, import price attained the peak level of $14 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
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 Mexico ($102 per unit), while the price for Bangladesh ($2.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+25.7%), while the prices for the other major suppliers experienced a decline.
Price for Track Suits; of Cotton, Knitted or Crocheted in the Dominican Republic (FOB) - 2022
The average export price for track suits; of cotton, knitted or crocheted stood at $17 per unit in 2022, increasing by 107% against the previous year. Over the period under review, the export price showed a mild increase. The export price peaked at $25 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($24 per unit), while the average price for exports to Panama stood at $1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+92.4%).
Imports of Track Suits; of Cotton, Knitted or Crocheted in the Dominican Republic
In 2022, imports of track suits; of cotton, knitted or crocheted into the Dominican Republic surged to 16K units, picking up by 101% on 2021 figures. Overall, imports saw a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of track suits; of cotton, knitted or crocheted surged to $77K in 2022. In general, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +2.1% 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 +90.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 40%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Track Suits; of Cotton, Knitted or Crocheted in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | N/A | 33.8 | 0% |
| China | 66.2 | 31.4 | 41.3 | 20.5 | -32.3% |
| Bangladesh | 0.9 | N/A | 1.4 | 8.6 | 112.2% |
| Brazil | 0.6 | 1.5 | 2.6 | 2.6 | 63.0% |
| Others | 4.3 | 7.3 | 10.9 | 11.0 | 36.8% |
| Total | 72.0 | 40.2 | 56.2 | 76.5 | 2.0% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to the Dominican Republic in 2022:
- Vietnam (8.8K units)
- Bangladesh (3.4K units)
- China (3.3K units)
- Brazil (0.5K units)
Exports of Track Suits; of Cotton, Knitted or Crocheted in the Dominican Republic
After two years of decline, shipments abroad of track suits; of cotton, knitted or crocheted increased by 3,450% to 71 units in 2022. Over the period under review, exports, however, continue to indicate a dramatic setback. The exports peaked at 413 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of track suits; of cotton, knitted or crocheted surged to $1.2K in 2022. In general, exports, however, showed a sharp contraction. The exports peaked at $4.9K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Track Suits; of Cotton, Knitted or Crocheted in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | N/A | N/A | N/A | 0.5 | 0% |
| Colombia | 2.3 | N/A | N/A | N/A | 0% |
| United States | 2.5 | 1.3 | N/A | N/A | -48.0% |
| Panama | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.3 | N/A | 0.7 | 91.3% |
| Total | 4.9 | 1.6 | N/A | 1.2 | -37.4% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from the Dominican Republic in 2022:
- Cuba (21.0 units)
- Panama (1.0 units)
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