Report Update: May 1, 2024

Dominican Republic - Socks, Stockings And Other Women's Hosiery - Market Analysis, Forecast, Size, Trends and Insights

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Women Hosiery Price in the Dominican Republic - 2023

Women Hosiery Price in the Dominican Republic (CIF) - 2022

The average women hosiery import price stood at $4.4 per pair in 2022, surging by 36% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, women hosiery import price increased by +94.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 43%. The import price peaked at $4.4 per pair in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($17 per pair), while the price for Mexico ($0.9 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Women Hosiery Price in the Dominican Republic (FOB) - 2022

In 2022, the average women hosiery export price amounted to $2.8 per pair, picking up by 88% against the previous year. Over the period under review, the export price showed a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($3 per pair), while the average price for exports to the United States totaled $2.8 per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.9%).

Women Hosiery Imports in the Dominican Republic

Women hosiery imports into the Dominican Republic declined to 1.9M pairs in 2022, waning by -10.5% against the year before. Overall, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Imports peaked at 2.2M pairs in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, women hosiery imports surged to $8.2M in 2022. In general, imports, however, recorded a strong increase. The growth pace was the most rapid in 2021 when imports increased by 87% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Women Hosiery in the Dominican Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	4.2	2.5	5.0	5.7	10.7%
United States	0.5	0.3	0.5	0.9	21.6%
Spain	N/A	N/A	N/A	0.2	0%
Mexico	0.1	0.1	0.1	0.1	0.0%
Panama	N/A	N/A	0.2	0.1	-50.0%
Others	0.9	0.6	0.9	1.3	13.0%
Total	5.7	3.6	6.8	8.2	12.9%

Top Suppliers of Women Hosiery to the Dominican Republic in 2022:

China (1470.6K pairs)
Mexico (125.3K pairs)
Spain (68.8K pairs)
United States (52.2K pairs)
Panama (40.8K pairs)

Women Hosiery Exports in the Dominican Republic

In 2022, women hosiery exports from the Dominican Republic skyrocketed to 669K pairs, increasing by 42% against the previous year's figure. Over the period under review, exports saw a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 104% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, women hosiery exports skyrocketed to $1.9M in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Women Hosiery in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	747	309	678	1,741	32.6%
Haiti	25.6	1.9	8.0	105	60.1%
Others	4.2	7.9	12.1	20.8	70.5%
Total	777	319	699	1,867	33.9%

Top Export Markets for Women Hosiery from the Dominican Republic in 2022:

United States (632.2K pairs)
Haiti (34.4K pairs)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the women hosiery 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 14311050 - Women
Prodcom 14311090 - Knitted or crocheted hosiery and footwear (including socks, e xcluding women

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