Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the Dominican Republic - 2023

Contents:

  1. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the Dominican Republic (CIF) - 2022
  2. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the Dominican Republic (FOB) - 2022
  3. Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the Dominican Republic
  4. Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the Dominican Republic

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the Dominican Republic (CIF) - 2022

The average import price for woven fabrics of combed wool or of combed fine animal hair stood at $4.8 per square meter in 2022, with a decrease of -38.8% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 an increase of 26% against the previous year. Over the period under review, average import prices hit record highs at $23 per square meter in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($12 per square meter), while the price for China ($4.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-1.2%), while the prices for the other major suppliers experienced a decline.

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the Dominican Republic (FOB) - 2022

The average export price for woven fabrics of combed wool or of combed fine animal hair stood at $1.4 per square meter in 2022, which is down by -20.1% against the previous year. Over the period under review, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of 3,397% against the previous year. The export price peaked at $6.4 per square meter in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3.1 per square meter), while the average price for exports to Haiti amounted to $1.2 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.5%).

Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the Dominican Republic

In 2022, approx. 1.7M square meters of woven fabrics of combed wool or of combed fine animal hair were imported into the Dominican Republic; picking up by 200% against 2021 figures. Over the period under review, imports showed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair soared to $8.4M in 2022. In general, imports, however, continue to indicate a abrupt decrease. Over the period under review, imports of hit record highs at $14M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.83.02.55.5-22.5%
Mexico1.10.91.41.613.3%
United States0.10.30.51.1122.4%
Italy1.40.50.1N/A-73.3%
Others0.10.10.10.10.0%
Total14.54.74.68.4-16.6%

Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to the Dominican Republic in 2022:

  1. China (1308.1K square meters)
  2. United States (227.9K square meters)
  3. Mexico (199.2K square meters)
  4. Italy (4.2K square meters)

Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the Dominican Republic

In 2022, after three years of growth, there was significant decline in shipments abroad of woven fabrics of combed wool or of combed fine animal hair, when their volume decreased by -94.2% to 12K square meters. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 9,568% against the previous year. As a result, the exports attained the peak of 208K square meters, and then declined dramatically in the following year.

In value terms, exports of woven fabrics of combed wool or of combed fine animal hair contracted dramatically to $17K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 5,641%. As a result, the exports attained the peak of $366K, and then dropped rapidly in the following year.

Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti0.24.336313.2304.1%
United States1.80.33.33.828.3%
OthersN/A1.8N/AN/A0%
Total2.06.436617.1104.5%

Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from the Dominican Republic in 2022:

  1. Haiti (10.9K square meters)
  2. United States (1.2K square meters)

Source: IndexBox Market Intelligence Platform

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