Report Dominican Republic - Polyester Tow and Staple, not Carded, Combed or Otherwise Processed for Spinning - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Dominican Republic - Polyester Tow and Staple, not Carded, Combed or Otherwise Processed for Spinning - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Market for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning 2024

Market Size for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in the Dominican Republic

In 2022, the Dominican market for polyester tow and staple, not carded, combed or otherwise processed for spinning increased by 12% to $X, rising for the sixth consecutive year after two years of decline. Over the period under review, consumption, however, saw a significant increase. Consumption of peaked in 2022 and is likely to see steady growth in years to come.

Exports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Exports from the Dominican Republic

In 2022, shipments abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by -16.7% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2014 when exports increased by 22,292% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by 17,190%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Haiti (X tons) was the main destination for exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Haiti totaled +69.7%.

In value terms, Haiti ($X) also remains the key foreign market for polyester tow and staple, not carded, combed or otherwise processed for spinning exports from the Dominican Republic.

From 2012 to 2022, the average annual growth rate of value to Haiti stood at +74.4%.

Export Prices by Country

The average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $X per ton in 2022, increasing by 21% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 34%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +18.2% per year.

Imports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Imports into the Dominican Republic

In 2022, after five years of growth, there was decline in supplies from abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning, when their volume decreased by -1% to X tons. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 162% against the previous year. Over the period under review, imports of hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning surged to $X in 2022. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 217%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest polyester tow and staple, not carded, combed or otherwise processed for spinning supplier to the Dominican Republic, with a 68% share of total imports. Moreover, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), threefold. The third position in this ranking was taken by Mexico (X tons), with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +89.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+25.2% per year) and Mexico (+64.1% per year).

In value terms, China ($X) constituted the largest supplier of polyester tow and staple, not carded, combed or otherwise processed for spinning to the Dominican Republic, comprising 67% of total imports. The second position in the ranking was taken by South Korea ($X), with a 20% share of total imports. It was followed by Mexico, with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +89.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+24.9% per year) and Mexico (+67.5% per year).

Import Prices by Country

In 2022, the average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, surging by 19% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 28% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($X per ton) and Thailand ($X per ton), while the price for South Korea ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest polyester tow and staple, not carded, combed or otherwise processed for spinning consuming country worldwide, comprising approx. 19% of total volume. Moreover, consumption of polyester tow and staple, not carded, combed or otherwise processed for spinning in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 6% share.
China constituted the country with the largest volume of production of polyester tow and staple, not carded, combed or otherwise processed for spinning, comprising approx. 25% of total volume. Moreover, production of polyester tow and staple, not carded, combed or otherwise processed for spinning in China exceeded the figures recorded by the second-largest producer, India, threefold. South Korea ranked third in terms of total production with a 7.8% share.
In value terms, the largest polyester tow and staple, not carded, combed or otherwise processed for spinning suppliers to the Dominican Republic were Taiwan Chinese), South Korea and Thailand, with a combined 69% share of total imports. The United States, Turkey, Indonesia and India lagged somewhat behind, together accounting for a further 22%.
In 2021, the average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $1,945 per ton, waning by -5.7% against the previous year.
The average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $1,557 per ton in 2021, picking up by 20% against the previous year.

This report provides an in-depth analysis of the market for polyester tow and staple, not carded, combed or otherwise processed for spinning 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 20601130 - Polyester tow and staple, not carded, combed or otherwise processed for spinning

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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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Free Data: Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning - Dominican Republic