Dominican Republic: Cotton Table Linen Market 2024

Cotton Table Linen Market Size in the Dominican Republic

The Dominican cotton table linen market expanded significantly to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, showed a noticeable shrinkage. Cotton table linen consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Cotton Table Linen Production in the Dominican Republic

In value terms, cotton table linen production reached $X in 2022 estimated in export price. In general, production, however, saw a perceptible descent. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Cotton table linen production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Cotton Table Linen Exports

Exports from the Dominican Republic

For the fourth year in a row, the Dominican Republic recorded growth in overseas shipments of table linen of cotton, which increased by X% to X tons in 2022. Over the period under review, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, cotton table linen exports skyrocketed to $X in 2022. Overall, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Haiti (X tons) was the main destination for cotton table linen exports from the Dominican Republic, accounting for a X% share of total exports. Moreover, cotton table linen exports to Haiti exceeded the volume sent to the second major destination, Jamaica (X kg), eightfold. Antigua and Barbuda (X kg) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Haiti stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (X% per year) and Antigua and Barbuda (X% per year).

In value terms, Haiti ($X) remains the key foreign market for table linen of cotton exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by Jamaica ($X), with a X% share of total exports. It was followed by Antigua and Barbuda, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Haiti totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (X% per year) and Antigua and Barbuda (X% per year).

Export Prices by Country

The average cotton table linen export price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($X per ton), while the average price for exports to Antigua and Barbuda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Cotton Table Linen Imports

Imports into the Dominican Republic

In 2022, approx. X tons of table linen of cotton were imported into the Dominican Republic; with an increase of X% on the year before. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, cotton table linen imports surged to $X in 2022. Overall, total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of cotton table linen to the Dominican Republic, accounting for a X% share of total imports. Moreover, cotton table linen imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United States (X% per year).

In value terms, the largest cotton table linen suppliers to the Dominican Republic were China ($X), India ($X) and the United States ($X), with a combined X% share of total imports. Portugal, Spain, Bangladesh and Bulgaria lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Bangladesh, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cotton table linen import price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price recorded a mild downturn. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

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 Portugal ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform