Dominican Republic: Textile Wadding Market 2025

Textile Wadding Market Size in the Dominican Republic

In 2022, after two years of growth, there was significant decline in the Dominican textile wadding market, when its value decreased by -21.8% to $X. In general, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2021, and then dropped dramatically in the following year.

Textile Wadding Production in the Dominican Republic

In value terms, textile wadding production amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.1% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 72% against the previous year. Textile wadding production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Textile Wadding Exports

Exports from the Dominican Republic

Textile wadding exports from the Dominican Republic soared to X tons in 2022, rising by 216% against the previous year. Overall, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, textile wadding exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for textile wadding exports from the Dominican Republic, accounting for a 65% share of total exports. Moreover, textile wadding exports to the United States exceeded the volume sent to the second major destination, Jamaica (X tons), fourfold. Trinidad and Tobago (X tons) ranked third in terms of total exports with a 4.1% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (-2.5% per year) and Trinidad and Tobago (-7.6% per year).

In value terms, the United States ($X) remains the key foreign market for wadding of textile materials and articles thereof exports from the Dominican Republic, comprising 79% of total exports. The second position in the ranking was taken by Jamaica ($X), with an 11% share of total exports. It was followed by Antigua and Barbuda, with a 2.1% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +18.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (+4.1% per year) and Antigua and Barbuda (+6.4% per year).

Export Prices by Country

In 2022, the average textile wadding export price amounted to $X per ton, shrinking by -5.2% against the previous year. Overall, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 88% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Barbados ($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 Barbados (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Wadding Imports

Imports into the Dominican Republic

In 2022, after eight years of growth, there was significant decline in overseas purchases of wadding of textile materials and articles thereof, when their volume decreased by -62.7% to X tons. Over the period under review, imports recorded a perceptible descent. The most prominent rate of growth was recorded in 2016 when imports increased by 67% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then shrank remarkably in the following year.

In value terms, textile wadding imports fell markedly to $X in 2022. In general, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2019 with an increase of 106% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then plummeted in the following year.

Imports by Country

The United States (X tons), China (X tons) and Brazil (X tons) were the main suppliers of textile wadding imports to the Dominican Republic, with a combined 81% share of total imports. Mexico and Spain lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +32.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Brazil ($X) and Spain ($X) appeared to be the largest textile wadding suppliers to the Dominican Republic, together accounting for 76% of total imports.

Spain, with a CAGR of +43.9%, 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 textile wadding import price amounted to $X per ton, which is down by -4.2% against the previous year. Overall, the import price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 28% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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