Report Update: May 1, 2024

Dominican Republic - Narrow Woven Fabrics - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Narrow Woven Fabric Price in the Dominican Republic - 2023

Narrow Woven Fabric Price in the Dominican Republic (CIF) - 2022

In 2022, the average narrow woven fabric import price amounted to $10,642 per ton, dropping by -3.4% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 4.8% against the previous year. Over the period under review, average import prices attained the peak figure at $11,293 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Panama ($33,350 per ton), while the price for Portugal ($6,319 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Narrow Woven Fabric Price in the Dominican Republic (FOB) - 2023

The average narrow woven fabric export price stood at $7,659 per ton in March 2023, surging by 79% against the previous month. In general, the export price, however, continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in December 2022 an increase of 79% against the previous month. As a result, the export price reached the peak level of $20,306 per ton. From January 2023 to March 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($36,360 per ton), while the average price for exports to Vietnam ($1,329 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 Guatemala (+36.8%), while the prices for the other major destinations experienced more modest paces of growth.

Narrow Woven Fabric Imports in the Dominican Republic

Narrow woven fabric imports into the Dominican Republic shrank notably to 3K tons in 2022, which is down by -15.3% compared with 2021 figures. Over the period under review, imports recorded a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of 3.5K tons, and then contracted markedly in the following year.

In value terms, narrow woven fabric imports dropped significantly to $32M in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 57% against the previous year. As a result, imports reached the peak of $38M, and then contracted dramatically in the following year.

Import of Narrow Woven Fabric in the Dominican Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	13.7	9.3	9.3	13.3	-1.0%
China	7.6	5.9	8.9	8.2	2.6%
Portugal	2.0	2.2	1.6	2.2	3.2%
El Salvador	1.1	0.7	0.9	0.8	-10.1%
Indonesia	3.1	2.8	4.5	N/A	20.5%
Others	4.3	3.7	13.3	6.9	17.1%
Total	31.8	24.5	38.5	31.5	-0.3%

Top Suppliers of Narrow Woven Fabric to the Dominican Republic in 2022:

United States (1112.9 tons)
China (878.7 tons)
Portugal (347.2 tons)
El Salvador (95.9 tons)

Narrow Woven Fabric Exports in the Dominican Republic

In 2022, after three years of growth, there was significant decline in shipments abroad of narrow woven fabrics, when their volume decreased by -17.7% to 702 tons. The total export volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 37% against the previous year. As a result, the exports reached the peak of 853 tons, and then reduced remarkably in the following year.

In value terms, narrow woven fabric exports reduced sharply to $6.9M in 2022. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 55%. As a result, the exports reached the peak of $8.4M, and then dropped dramatically in the following year.

Export of Narrow Woven Fabric in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	2,592	3,332	2,205	2,730	1.7%
Canada	14.1	52.0	810	1,346	357.0%
Haiti	201	1,362	185	696	51.3%
South Africa	37.3	54.6	508	531	142.4%
Mexico	0.3	1.6	360	489	1076.9%
Guatemala	56.6	0.2	688	363	85.8%
Denmark	N/A	N/A	N/A	137	0%
Germany	370	4.0	0.9	3.5	-78.9%
Thailand	24.6	92.1	885	N/A	499.8%
Others	284	499	2,737	593	27.8%
Total	3,580	5,397	8,380	6,888	24.4%

Top Export Markets for Narrow Woven Fabric from the Dominican Republic in 2022:

Germany (undefined tons)
Canada (205.2 tons)
United States (195.3 tons)
South Africa (73.1 tons)
Guatemala (55.6 tons)
Mexico (51.4 tons)
Denmark (29.3 tons)
Haiti (21.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the narrow woven 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 13961730 - Narrow woven fabrics other than labels, badges and other similar articles
Prodcom 13961750 - Labels, badges and similar articles in textile materials (excluding embroidered)
Prodcom 13961770 - Braids in the piece, tassels and pompons, ornamental trimmings (excluding knitted or crocheted)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023