Report Dominican Republic - Woven Fabrics of Silk or of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Oct 1, 2023

Dominican Republic - Woven Fabrics of Silk or of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)

Dominican Republic: Silk Fabric Market 2023

Silk Fabric Market Size in the Dominican Republic

The Dominican silk fabric market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption recorded a significant increase. Silk fabric consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Silk Fabric Exports

Exports from the Dominican Republic

In 2021, overseas shipments of woven fabrics of silk or of silk waste decreased by -4.3% to X square meters, falling for the third consecutive year after four years of growth. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 89%. As a result, the exports attained the peak of X square meters. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, silk fabric exports stood at $X in 2021. Over the period under review, exports showed a noticeable decline. The pace of growth was the most pronounced in 2018 when exports increased by 104% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X square meters) was the main destination for silk fabric exports from the Dominican Republic, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at -6.4%.

In value terms, the United States ($X) also remains the key foreign market for woven fabrics of silk or of silk waste exports from the Dominican Republic.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to -1.2%.

Export Prices by Country

In 2021, the average silk fabric export price amounted to $X per square meter, rising by 4.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +5.6%. The most prominent rate of growth was recorded in 2013 an increase of 55% against the previous year. The export price peaked at $X per square meter in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +5.5% per year.

Silk Fabric Imports

Imports into the Dominican Republic

After two years of decline, purchases abroad of woven fabrics of silk or of silk waste increased by 73% to X square meters in 2021. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 1,271%. Over the period under review, imports reached the maximum at X square meters in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, silk fabric imports skyrocketed to $X in 2021. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 759%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, South Korea (X square meters) constituted the largest silk fabric supplier to the Dominican Republic, with a 85% share of total imports. Moreover, silk fabric imports from South Korea exceeded the figures recorded by the second-largest supplier, India (X square meters), more than tenfold. The third position in this ranking was held by the United States (X square meters), with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from South Korea totaled +32.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+47.8% per year) and the United States (+16.2% per year).

In value terms, South Korea ($X) constituted the largest supplier of woven fabrics of silk or of silk waste to the Dominican Republic, comprising 95% of total imports. The second position in the ranking was taken by the United States ($X), with a 1.1% share of total imports. It was followed by China, with a 0.6% share.

From 2012 to 2021, the average annual growth rate of value from South Korea stood at +29.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+10.9% per year) and China (-9.0% per year).

Import Prices by Country

The average silk fabric import price stood at $X per square meter in 2021, falling by -3.9% against the previous year. Over the period under review, the import price saw a slight downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 105%. The import price peaked at $X per square meter in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Korea ($X per square meter), while the price for India ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (-1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for woven fabrics of silk or of silk waste in the world?
+
The countries with the highest volumes of consumption in 2021 were Russia, China and Nigeria, with a combined 50% share of global consumption. These countries were followed by the United States, Belarus, India, Indonesia, Kyrgyzstan and the UK, which together accounted for a further 26%.
What are the largest producers of woven fabrics of silk or of silk waste in the world?
+
The countries with the highest volumes of production in 2021 were Russia, China and the United States, together comprising 56% of global production. Belarus, India, Indonesia, the UK, South Korea and Saudi Arabia lagged somewhat behind, together comprising a further 21%.
What are the leading suppliers of woven fabrics of silk or of silk waste to the Dominican Republic?
+
In value terms, South Korea constituted the largest supplier of woven fabrics of silk or of silk waste to the Dominican Republic, comprising 95% of total imports. The second position in the ranking was held by the United States, with a 1.1% share of total imports. It was followed by China, with a 0.6% share.
What are the leading importers of woven fabrics of silk or of silk waste from the Dominican Republic?
+
In value terms, the United States remains the key foreign market for woven fabrics of silk or of silk waste exports from the Dominican Republic.
What is the average export price for woven fabrics of silk or of silk waste in the Dominican Republic?
+
In 2021, the average silk fabric export price amounted to $11 per square meter, increasing by 4.5% against the previous year.
What is the average import price for woven fabrics of silk or of silk waste in the Dominican Republic?
+
In 2021, the average silk fabric import price amounted to $9.7 per square meter, which is down by -3.9% against the previous year.

This report provides an in-depth analysis of the silk 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 13201100 - Woven fabrics of silk or silk waste
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET

Biogas Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global biogas market.



Thursday, November 18th, 2021 @ 04:00 pm ET

Webinar: Global Cotton Yarn Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global cotton yarn market.



Thursday, April 8th, 2021 @ 04:00 pm ET