Dominican Republic - Knitted Or Crocheted Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKnitted Fabric Price in the Dominican Republic - 2023
Contents:
- Knitted Fabric Price in the Dominican Republic (CIF) - 2022
- Knitted Fabric Price in the Dominican Republic (FOB) - 2023
- Knitted Fabric Imports in the Dominican Republic
- Knitted Fabric Exports in the Dominican Republic
Knitted Fabric Price in the Dominican Republic (CIF) - 2022
In 2022, the average knitted fabric import price amounted to $5,236 per ton, declining by -30.7% against the previous year. Overall, the import price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2013 an increase of 11%. Over the period under review, average import prices reached the peak figure at $9,997 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($30,392 per ton), while the price for Guatemala ($1,933 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Knitted Fabric Price in the Dominican Republic (FOB) - 2023
The average knitted fabric export price stood at $3,094 per ton in March 2023, with a decrease of -44.5% against the previous month. In general, the export price faced a abrupt decrease. The growth pace was the most rapid in November 2022 an increase of 171% month-to-month. Over the period under review, the average export prices hit record highs at $34,562 per ton in March 2022; however, from April 2022 to March 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In March 2023, the country with the highest price was the United States ($26,084 per ton), while the average price for exports to Guatemala ($856 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.
Knitted Fabric Imports in the Dominican Republic
In 2022, knitted fabric imports into the Dominican Republic declined to 8.2K tons, which is down by -8.6% against 2021 figures. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. As a result, imports attained the peak of 9K tons, and then contracted in the following year.
In value terms, knitted fabric imports contracted markedly to $43M in 2022. Over the period under review, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 84%. As a result, imports reached the peak of $68M, and then shrank notably in the following year.
Import of Knitted Fabric in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 23.6 | 18.7 | 40.7 | 23.5 | -0.1% |
China | 5.0 | 4.1 | 8.6 | 11.5 | 32.0% |
Peru | 0.6 | 0.4 | 1.1 | 2.7 | 65.1% |
Honduras | 0.9 | 0.3 | 0.6 | 1.2 | 10.1% |
El Salvador | 0.8 | 0.5 | 0.8 | 0.8 | 0.0% |
Guatemala | 0.9 | 0.1 | 0.4 | 0.7 | -8.0% |
Mexico | 5.4 | 7.2 | 7.5 | 0.1 | -73.5% |
Panama | 0.5 | 0.4 | 0.3 | N/A | -22.5% |
Taiwan (Chinese) | 3.2 | 0.7 | 0.7 | N/A | -53.2% |
Others | 7.1 | 4.5 | 7.3 | 2.3 | -31.3% |
Total | 47.9 | 37.0 | 67.9 | 43.0 | -3.5% |
Top Suppliers of Knitted Fabric to the Dominican Republic in 2022:
- Panama (undefined tons)
- China (4281.5 tons)
- United States (2497.5 tons)
- Guatemala (385.1 tons)
- Honduras (329.4 tons)
- Peru (262.3 tons)
- El Salvador (206.0 tons)
- Mexico (19.9 tons)
Knitted Fabric Exports in the Dominican Republic
In 2022, knitted fabric exports from the Dominican Republic skyrocketed to 420 tons, growing by 119% against the year before. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, knitted fabric exports soared to $2.7M in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Knitted Fabric in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cuba | 49.7 | 64.7 | 33.5 | 1,369 | 202.0% |
United States | 37.4 | 20.0 | 14.8 | 662 | 160.6% |
Haiti | 122 | 78.8 | 104 | 352 | 42.4% |
Mexico | 10.3 | 69.5 | 49.6 | 132 | 134.0% |
Guatemala | 0.8 | 49.1 | 55.8 | 114 | 422.3% |
Nicaragua | 76.3 | 197 | 38.9 | N/A | -28.6% |
Chile | N/A | 249 | 112 | N/A | -55.0% |
Vietnam | 313 | 348 | 407 | N/A | 14.0% |
Indonesia | 216 | 123 | 40.5 | N/A | -56.7% |
Colombia | N/A | 46.4 | N/A | N/A | 0% |
Others | 212 | 95.5 | 137 | 42.5 | -41.5% |
Total | 1,037 | 1,341 | 993 | 2,671 | 37.1% |
Top Export Markets for Knitted Fabric from the Dominican Republic in 2022:
- Cuba (209.6 tons)
- United States (60.0 tons)
- Guatemala (51.4 tons)
- Haiti (49.4 tons)
- Mexico (45.2 tons)
This report provides an in-depth analysis of the knitted fabric 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 13911100 - Pile fabrics, terry fabrics, knitted or crocheted
- Prodcom 13911910 - Knitted or crocheted fabrics (excluding pile fabrics)
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
This report provides an in-depth analysis of the knitted fabric market in the Dominican Republic.
This report provides an in-depth analysis of the global knitted fabric market.
Global Pile and Terry Fabric Market Report 2018. This report provides an in-depth analysis of the global market for pile and terry fabric.
This report provides an in-depth analysis of the knitted fabric market in the Dominican Republic.
This report provides an in-depth analysis of the global knitted fabric market.
Global Pile and Terry Fabric Market Report 2018. This report provides an in-depth analysis of the global market for pile and terry fabric.
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