Price for Braids; in the Piece in the Dominican Republic - 2023
Contents:
- Price for Braids; in the Piece in the Dominican Republic (CIF) - 2022
- Price for Braids; in the Piece in the Dominican Republic (FOB) - 2022
- Imports of Braids; in the Piece in the Dominican Republic
- Exports of Braids; in the Piece in the Dominican Republic
Price for Braids; in the Piece in the Dominican Republic (CIF) - 2022
In 2022, the average braids; in the piece import price amounted to $11,434 per ton, picking up by 16% against the previous year. Overall, the import price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 33% against the previous year. Over the period under review, average import prices hit record highs at $25,133 per ton in 2013; however, from 2014 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 Hong Kong SAR ($22,789 per ton), while the price for Turkey ($3,769 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.3%), while the prices for the other major suppliers experienced a decline.
Price for Braids; in the Piece in the Dominican Republic (FOB) - 2022
In 2022, the average braids; in the piece export price amounted to $30,210 per ton, therefore, remained relatively stable against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, braids; in the piece export price increased by +40.2% against 2017 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 36% against the previous year. As a result, the export price attained the peak level of $35,847 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($39,406 per ton), while the average price for exports to Haiti ($6,107 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 (+36.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Braids; in the Piece in the Dominican Republic
In 2022, purchases abroad of braids; in the pieces decreased by -20.7% to 45 tons, falling for the second year in a row after two years of growth. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 144%. As a result, imports reached the peak of 63 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, braids; in the piece imports contracted to $514K in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 88%.
Import of Braids; in the Piece in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 32.9 | 10.7 | 218 | 188 | 78.8% |
Hong Kong SAR | 39.7 | 113 | 125 | 129 | 48.1% |
China | 137 | 277 | 145 | 94.0 | -11.8% |
United States | 0.9 | 1.7 | 0.5 | 49.2 | 279.5% |
Turkey | 2.6 | 5.0 | 6.5 | 5.6 | 29.1% |
Others | 37.7 | 62.8 | 61.9 | 47.4 | 7.9% |
Total | 251 | 470 | 557 | 514 | 27.0% |
Top Suppliers of Braids; in the Piece to the Dominican Republic in 2022:
- China (19.2 tons)
- Taiwan (Chinese) (13.6 tons)
- Hong Kong SAR (5.7 tons)
- United States (3.6 tons)
- Turkey (1.5 tons)
Exports of Braids; in the Piece in the Dominican Republic
In 2022, approx. 4 kg of braids; in the pieces were exported from the Dominican Republic; approximately mirroring the previous year. Over the period under review, exports recorded a deep reduction. The smallest decline of -20% was in 2021.
In value terms, braids; in the piece exports reached $120 in 2022. Overall, exports saw a abrupt decline.
Export of Braids; in the Piece in the Dominican Republic (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 136 | 123 | 108 | 109 | -7.1% |
Haiti | 1.0 | 1.0 | 2.0 | 6.0 | 81.7% |
Others | 3.0 | 2.0 | 4.0 | 5.0 | 18.6% |
Total | 140 | 126 | 114 | 120 | -5.0% |
Top Export Markets for Braids; in the Piece from the Dominican Republic in 2022:
- Canada (3.0 kg)
- Haiti (1.0 kg)
This report provides an in-depth analysis of the market for braids, tassels, pompons and ornamental trimmings in the Dominican Republic.
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