Dominican Republic - Sisal Binder Or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSisal Binder Price in the Dominican Republic - 2023
Contents:
- Sisal Binder Price in the Dominican Republic (CIF) - 2022
- Sisal Binder Price in the Dominican Republic (FOB) - 2022
- Sisal Binder Imports in the Dominican Republic
- Sisal Binder Exports in the Dominican Republic
Sisal Binder Price in the Dominican Republic (CIF) - 2022
The average sisal binder import price stood at $7,847 per ton in 2022, reducing by -59.7% against the previous year. Overall, the import price, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 530% against the previous year. Over the period under review, average import prices hit record highs at $28,540 per ton in 2020; however, from 2021 to 2022, import prices remained at a 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 Germany ($48,648 per ton), while the price for Colombia ($3,106 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+37.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sisal Binder Price in the Dominican Republic (FOB) - 2022
The average sisal binder export price stood at $3,394 per ton in 2022, waning by -87.5% against the previous year. Over the period under review, the export price, however, continues to indicate mild growth. The pace of growth appeared the most rapid in 2016 an increase of 1,110%. Over the period under review, the average export prices reached the maximum at $48,522 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($64,980 per ton), while the average price for exports to Saint Vincent and the Grenadines ($600 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+81.5%).
Sisal Binder Imports in the Dominican Republic
After three years of growth, overseas purchases of sisal binder or baler (agricultural) twines decreased by -45.2% to 20 tons in 2022. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. As a result, imports attained the peak of 36 tons, and then contracted remarkably in the following year.
In value terms, sisal binder imports declined notably to $153K in 2022. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 137%.
| Import of Sisal Binder in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 69.8 | 176 | 494 | 44.8 | -13.7% |
| China | 36.3 | 9.7 | 11.7 | 34.2 | -2.0% |
| Germany | 0.5 | 37.9 | 49.6 | 22.5 | 255.7% |
| Italy | 7.2 | 160 | 42.6 | 18.0 | 35.7% |
| Spain | 43.3 | N/A | N/A | 12.9 | -33.2% |
| Mexico | 7.0 | 9.7 | 22.6 | 10.8 | 15.6% |
| Colombia | 9.0 | 8.3 | 18.9 | 10.3 | 4.6% |
| United Kingdom | N/A | 231 | 12.2 | N/A | -94.7% |
| Others | 117 | 53.4 | 44.5 | N/A | -38.3% |
| Total | 290 | 686 | 696 | 153 | -19.2% |
Top Suppliers of Sisal Binder to the Dominican Republic in 2022:
- China (9.7 tons)
- United States (4.2 tons)
- Colombia (3.3 tons)
- Italy (0.8 tons)
- Mexico (0.8 tons)
- Germany (0.5 tons)
- Spain (0.3 tons)
Sisal Binder Exports in the Dominican Republic
In 2022, sisal binder exports from the Dominican Republic skyrocketed to 3.1 tons, growing by 67% compared with 2021 figures. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, sisal binder exports shrank notably to $11K in 2022. Overall, exports, however, recorded a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 185% against the previous year. As a result, the exports attained the peak of $108K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Sisal Binder in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 34.2 | 108 | 48.0 | 6.5 | -42.5% |
| Haiti | 1.9 | 0.3 | 3.0 | 2.7 | 12.4% |
| Saint Vincent and the Grenadines | N/A | N/A | N/A | 1.5 | 0% |
| Others | 1.8 | N/A | 0.2 | N/A | -66.7% |
| Total | 37.8 | 108 | 51.2 | 10.7 | -34.3% |
Top Export Markets for Sisal Binder from the Dominican Republic in 2022:
- Saint Vincent and the Grenadines (2.6 tons)
- Haiti (0.5 tons)
- United States (0.1 tons)
This report provides an in-depth analysis of the sisal binder market in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13941153 - Sisal binder or baler (agricultural) twines
Country coverage:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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