Report Update: May 1, 2024

Dominican Republic - Brassieres, Girdles And Corsets - Market Analysis, Forecast, Size, Trends and Insights

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Price for Brassiere, Girdle and Corset in the Dominican Republic - 2023

Price for Brassiere, Girdle and Corset in the Dominican Republic (FOB) - 2023

The average brassiere, girdle and corset export price stood at $7.2 per unit in March 2023, jumping by 22% against the previous month. In general, export price indicated a notable expansion from March 2022 to March 2023: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, brassiere, girdle and corset export price increased by +53.4% against January 2023 indices. The growth pace was the most rapid in November 2022 an increase of 34% against the previous month. Over the period under review, the average export prices hit record highs in March 2023.

Average prices varied noticeably for the major external markets. In March 2023, the country with the highest price was the United States ($7.5 per unit), while the average price for exports to the Netherlands totaled $6.1 per unit.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.4%).

Price for Brassiere, Girdle and Corset in the Dominican Republic (CIF) - 2022

The average brassiere, girdle and corset import price stood at $34 per unit in 2022, dropping by -4.7% against the previous year. In general, the import price showed a perceptible setback. The pace of growth was the most pronounced in 2019 an increase of 46% against the previous year. Over the period under review, average import prices reached the maximum at $57 per unit 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 Panama ($178 per unit), while the price for China ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+23.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Brassiere, Girdle and Corset in the Dominican Republic

In 2022, approx. 347K units of brassieres, girdles and corsets were exported from the Dominican Republic; which is down by -9.5% on the previous year's figure. In general, exports recorded a dramatic curtailment. The growth pace was the most rapid in 2021 when exports increased by 24%. Over the period under review, the exports reached the maximum at 841K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, brassiere, girdle and corset exports dropped to $23M in 2022. Over the period under review, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 39%. The exports peaked at $43M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Brassiere, Girdle and Corset in the Dominican Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	42.0	19.0	26.1	22.5	-18.8%
Netherlands	0.8	0.5	0.7	0.6	-9.1%
Switzerland	N/A	N/A	N/A	0.2	0%
Others	0.7	0.1	0.3	N/A	-34.5%
Total	43.5	19.5	27.2	23.3	-18.8%

Top Export Markets for Brassiere, Girdle and Corset from the Dominican Republic in 2022:

United States (332.8K units)
Switzerland (8.0K units)
Netherlands (5.6K units)

Imports of Brassiere, Girdle and Corset in the Dominican Republic

In 2022, imports of brassieres, girdles and corsets into the Dominican Republic fell dramatically to 248K units, declining by -24.3% compared with 2021 figures. Overall, imports recorded a slight shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 102% against the previous year. As a result, imports reached the peak of 328K units, and then shrank sharply in the following year.

In value terms, brassiere, girdle and corset imports fell markedly to $8.5M in 2022. Over the period under review, imports, however, continue to indicate noticeable growth. The pace of growth appeared the most rapid in 2021 with an increase of 126%. As a result, imports attained the peak of $12M, and then reduced dramatically in the following year.

Import of Brassiere, Girdle and Corset in the Dominican Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hong Kong SAR	0.6	N/A	3.5	2.4	58.7%
Brazil	N/A	N/A	N/A	2.2	0%
China	2.2	1.9	3.1	2.0	-3.1%
United States	2.0	1.5	1.2	1.0	-20.6%
Colombia	1.8	1.4	3.6	0.5	-34.8%
Others	0.7	0.3	0.4	0.3	-24.6%
Total	7.3	5.2	11.7	8.5	5.2%

Top Suppliers of Brassiere, Girdle and Corset to the Dominican Republic in 2022:

China (122.0K units)
Brazil (44.7K units)
United States (34.8K units)
Hong Kong SAR (25.1K units)
Colombia (15.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for brassiere, girdle and corset 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 14142530 - Brassieres
Prodcom 14142550 - Girdles, panty-girdles and corselettes (including bodies with adjustable straps)

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