Report Update: May 1, 2024

Dominican Republic - Silk Shawls And Scarves - 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

Price for Silk Shawl and Scarf in the Dominican Republic - 2023

Price for Silk Shawl and Scarf in the Dominican Republic (CIF) - 2022

In 2022, the average silk shawl and scarf import price amounted to $118 per unit, surging by 57% against the previous year. Overall, the import price posted a prominent increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 102%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Italy ($230 per unit), while the price for India ($6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+32.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silk Shawl and Scarf in the Dominican Republic (FOB) - 2022

The average silk shawl and scarf export price stood at $40 per unit in 2022, growing by 58% against the previous year. In general, the export price posted a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($175 per unit), while the average price for exports to the United States ($8.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silk Shawl and Scarf in the Dominican Republic

Silk shawl and scarf imports into the Dominican Republic fell to 1.2K units in 2022, which is down by -6.9% compared with 2021. In general, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 64%. Over the period under review, imports hit record highs at 1.9K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, silk shawl and scarf imports surged to $141K in 2022. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 232% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Silk Shawl and Scarf in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	20.5	6.4	44.7	114	77.2%
China	9.1	2.7	9.9	19.1	28.0%
Spain	2.9	0.7	1.5	2.4	-6.1%
India	0.6	0.6	1.4	0.5	-5.9%
United States	0.1	0.1	N/A	0.5	71.0%
Thailand	6.6	2.4	4.1	N/A	-21.2%
Indonesia	6.7	4.1	6.0	N/A	-5.4%
Panama	16.6	9.9	24.1	N/A	20.5%
Others	5.6	2.0	4.6	4.5	-7.0%
Total	68.7	29.0	96.3	141	27.1%

Top Suppliers of Silk Shawl and Scarf to the Dominican Republic in 2022:

China (508.0 units)
Italy (495.0 units)
India (85.0 units)
United States (67.0 units)
Spain (20.0 units)

Exports of Silk Shawl and Scarf in the Dominican Republic

Silk shawl and scarf exports from the Dominican Republic was estimated at 116 units in 2022, growing by 9.4% compared with the previous year's figure. In general, exports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 12%. The exports peaked at 200 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, silk shawl and scarf exports surged to $4.7K in 2022. Overall, exports recorded a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Silk Shawl and Scarf in the Dominican Republic (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	1,275	864	1,477	2,098	18.1%
Spain	655	744	141	1,756	38.9%
United States	1,226	572	688	800	-13.3%
Switzerland	253	183	354	N/A	18.3%
Others	104	42.0	39.0	N/A	-38.8%
Total	3,513	2,405	2,699	4,654	9.8%

Top Export Markets for Silk Shawl and Scarf from the Dominican Republic in 2022:

United States (91.0 units)
Spain (13.0 units)
Italy (12.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for silk shawl and scarf 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 14192338 - Shawls, scarves, mufflers, mantillas, veils and the like, of silk or silk waste (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