Dominican Republic: Sewing Thread Market 2025

Sewing Thread Market Size in the Dominican Republic

The Dominican sewing thread market skyrocketed to $X in 2022, increasing by 43% against the previous year. Overall, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +65.4% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Sewing Thread Production in the Dominican Republic

In value terms, sewing thread production rose slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a mild slump. The pace of growth was the most pronounced in 2014 when the production volume increased by 31% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Sewing Thread Exports

Exports from the Dominican Republic

In 2022, approx. X tons of sewing thread of man-made filaments or staple fibers were exported from the Dominican Republic; dropping by -31.4% against the previous year's figure. In general, exports showed a perceptible descent. The growth pace was the most rapid in 2013 with an increase of 116% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, sewing thread exports fell notably to $X in 2022. Over the period under review, exports recorded a mild decline. The pace of growth was the most pronounced in 2013 when exports increased by 49%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Haiti (X tons) was the main destination for sewing thread exports from the Dominican Republic, with a 92% share of total exports. Moreover, sewing thread exports to Haiti exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Haiti totaled -2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+9.1% per year) and Guatemala (+14.8% per year).

In value terms, Haiti ($X) remains the key foreign market for sewing thread of man-made filaments or staple fibers exports from the Dominican Republic, comprising 92% of total exports. The second position in the ranking was taken by the United States ($X), with a 6.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Haiti stood at -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+7.7% per year) and Guatemala (+5.5% per year).

Export Prices by Country

In 2022, the average sewing thread export price amounted to $X per ton, dropping by -2.3% against the previous year. Overall, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sewing thread export price increased by +12.8% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 44%. The export price peaked at $X per ton in 2021, and then dropped slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Guatemala ($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 Haiti (+0.9%), while the prices for the other major destinations experienced a decline.

Sewing Thread Imports

Imports into the Dominican Republic

In 2022, the amount of sewing thread of man-made filaments or staple fibers imported into the Dominican Republic surged to X tons, picking up by 54% on the year before. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 137%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, sewing thread imports skyrocketed to $X in 2022. In general, imports recorded a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 131%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of sewing thread to the Dominican Republic, accounting for a 58% share of total imports. Moreover, sewing thread imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. The third position in this ranking was held by El Salvador (X tons), with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +24.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+15.4% per year) and El Salvador (+35.0% per year).

In value terms, China ($X), the United States ($X) and El Salvador ($X) were the largest sewing thread suppliers to the Dominican Republic, together comprising 82% of total imports.

El Salvador, with a CAGR of +52.8%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 sewing thread import price amounted to $X per ton, surging by 1.9% against the previous year. Overall, the import price, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 25% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+13.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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