Report Update Nov 1, 2024

Dominican Republic - Tulles and Other Net Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Net Fabric Market 2024

Net Fabric Market Size in the Dominican Republic

After three years of decline, the Dominican net fabric market increased by 31% to $X in 2022. Overall, consumption posted measured growth. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Net Fabric Production in the Dominican Republic

In value terms, net fabric production soared to $X in 2022 estimated in export price. In general, production, however, recorded a deep slump. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Net Fabric Exports

Exports from the Dominican Republic

In 2022, the amount of tulles and other net fabrics exported from the Dominican Republic surged to X tons, rising by 101% compared with the previous year. In general, exports saw resilient growth. The growth pace was the most rapid in 2020 with an increase of 7,909%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, net fabric exports soared to $X in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 22,192% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Sri Lanka (X tons) was the main destination for net fabric exports from the Dominican Republic, with a 98% share of total exports. It was followed by Haiti (X kg), with a 2.4% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Sri Lanka totaled +4.7%.

In value terms, Sri Lanka ($X) emerged as the key foreign market for tulles and other net fabrics exports from the Dominican Republic, comprising 98% of total exports. The second position in the ranking was held by Haiti ($X), with a 1.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Sri Lanka amounted to -9.2%.

Export Prices by Country

In 2022, the average net fabric export price amounted to $X per ton, picking up by 41% against the previous year. In general, the export price recorded a resilient expansion. The pace of growth appeared the most rapid in 2020 an increase of 178% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to Haiti totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+3.7%).

Net Fabric Imports

Imports into the Dominican Republic

In 2022, after five years of decline, there was significant growth in supplies from abroad of tulles and other net fabrics, when their volume increased by 27% to X tons. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 600%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, net fabric imports skyrocketed to $X in 2022. Overall, imports, however, saw a deep setback. The pace of growth appeared the most rapid in 2013 when imports increased by 237%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of net fabric to the Dominican Republic, with a 66% share of total imports. Moreover, net fabric imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. India (X tons) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.6% per year) and India (+61.9% per year).

In value terms, the largest net fabric suppliers to the Dominican Republic were China ($X), the United States ($X) and India ($X), together comprising 95% of total imports.

In terms of the main suppliers, India, with a CAGR of +65.2%, 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

The average net fabric import price stood at $X per ton in 2022, shrinking by -2.8% against the previous year. In general, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by 39% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 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 El Salvador ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tulles and other net fabrics in the world?

The countries with the highest volumes of in 2021 were China, Turkey and Vietnam, together accounting for 32% of global consumption. Taiwan Chinese), the United States, Nigeria, India, Japan, Indonesia, Pakistan, Germany, Brazil and Bangladesh lagged somewhat behind, together accounting for a further 33%.

What are the largest producers of tulles and other net fabrics in the world?

China constituted the country with the largest volume of net fabric production, comprising approx. 28% of total volume. Moreover, net fabric production in China exceeded the figures recorded by the second-largest producer, Turkey, twofold. Taiwan Chinese) ranked third in terms of total production with a 7.6% share.

What are the leading suppliers of tulles and other net fabrics to the Dominican Republic?

In value terms, the largest net fabric suppliers to the Dominican Republic were China, the United States and Malaysia, together accounting for 98% of total imports. Sri Lanka and Panama lagged somewhat behind, together accounting for a further 0.9%.

What are the leading importers of tulles and other net fabrics from the Dominican Republic?

In value terms, Haiti remains the key foreign market for net fabric exports from the Dominican Republic, comprising 70% of total exports. The second position in the ranking was occupied by the United States, with a 30% share of total exports.

What is the average export price for tulles and other net fabrics in the Dominican Republic?

The average net fabric export price stood at $10,905 per ton in 2021, declining by -20.3% against the previous year.

What is the average import price for tulles and other net fabrics in the Dominican Republic?

The average net fabric import price stood at $12,112 per ton in 2021, dropping by -42.6% against the previous year.

This report provides an in-depth analysis of the net 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 13991130 - Tulles and other net fabrics (excluding woven, knitted or crocheted)

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