Price for Cotton; Sewing Thread, Put Up for Retail Sale in the Dominican Republic - 2023

Contents:

  1. Price for Cotton; Sewing Thread, Put Up for Retail Sale in the Dominican Republic (CIF) - 2022
  2. Price for Cotton; Sewing Thread, Put Up for Retail Sale in the Dominican Republic (FOB) - 2022
  3. Imports of Cotton; Sewing Thread, Put Up for Retail Sale in the Dominican Republic
  4. Exports of Cotton; Sewing Thread, Put Up for Retail Sale in the Dominican Republic

Price for Cotton; Sewing Thread, Put Up for Retail Sale in the Dominican Republic (CIF) - 2022

In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $4,618 per ton, picking up by 37% against the previous year. Over the period under review, the import price, however, recorded a abrupt curtailment. Over the period under review, average import prices hit record highs at $8,689 per ton in 2012; however, from 2013 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 Mexico ($6,341 per ton), while the price for India ($931 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-2.4%), while the prices for the other major suppliers experienced a decline.

Price for Cotton; Sewing Thread, Put Up for Retail Sale in the Dominican Republic (FOB) - 2022

The average export price for cotton; sewing thread, put up for retail sale stood at $3,207 per ton in 2021, rising by 38% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 481%. The export price peaked at $6,800 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($38,385 per ton), while the average price for exports to Haiti totaled $2,241 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (-7.8%), while the prices for the other major destinations experienced a decline.

Imports of Cotton; Sewing Thread, Put Up for Retail Sale in the Dominican Republic

In 2022, approx. 1.1K tons of cotton; sewing thread, put up for retail sale were imported into the Dominican Republic; shrinking by -56.3% on the previous year. In general, imports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 285% against the previous year.

In value terms, imports of cotton; sewing thread, put up for retail sale shrank remarkably to $4.9M in 2022. Over the period under review, imports showed a precipitous descent. The pace of growth appeared the most rapid in 2021 when imports increased by 339% against the previous year.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico2,4058151,0422,101-4.4%
United States7,2557945,5181,652-38.9%
China12239.350436944.6%
Guatemala17798.228525012.2%
Honduras54.241.222721057.1%
El Salvador66.342.816915733.3%
India10115.328.822.9-39.0%
Others31.09.837711353.9%
Total10,2111,8568,1534,874-21.8%

Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to the Dominican Republic in 2022:

  1. United States (470.0 tons)
  2. Mexico (331.3 tons)
  3. China (95.8 tons)
  4. Guatemala (45.6 tons)
  5. Honduras (33.1 tons)
  6. El Salvador (24.7 tons)
  7. India (24.6 tons)

Exports of Cotton; Sewing Thread, Put Up for Retail Sale in the Dominican Republic

In 2021, exports of cotton; sewing thread, put up for retail sale from the Dominican Republic contracted sharply to 992 kg, dropping by -38.9% on the previous year. In general, exports faced a precipitous decline.

In value terms, exports of cotton; sewing thread, put up for retail sale plummeted to $3.2K in 2021. Overall, exports showed a abrupt contraction.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in the Dominican Republic (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
Haiti3.72.1-43.2%
GermanyN/A1.00%
Others0.10.10.0%
Total3.83.2-15.8%

Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from the Dominican Republic in 2022:

  1. Haiti (952.0 kg)
  2. Germany (26.0 kg)

Source: IndexBox Market Intelligence Platform

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