Report Update Jan 1, 2025

Dominican Republic - Woven Carpets and Other Woven Textile Coverings - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Woven Carpet Market 2025

Woven Carpet Market Size in the Dominican Republic

In 2022, the Dominican woven carpet market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption posted resilient growth. Woven carpet consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Woven Carpet Exports

Exports from the Dominican Republic

In 2022, overseas shipments of woven carpets and other woven textile coverings decreased by -81.8% to X square meters, falling for the second consecutive year after two years of growth. In general, exports showed a sharp curtailment. The pace of growth was the most pronounced in 2020 with an increase of 523% against the previous year. Over the period under review, the exports hit record highs at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, woven carpet exports declined markedly to $X in 2022. Overall, exports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2020 with an increase of 412%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X square meters) was the main destination for woven carpet exports from the Dominican Republic, accounting for a 77% share of total exports. Moreover, woven carpet exports to the United States exceeded the volume sent to the second major destination, Haiti (X square meters), fourfold.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled -4.4%.

In value terms, the largest markets for woven carpet exported from the Dominican Republic were Haiti ($X) and the United States ($X).

Among the main countries of destination, Haiti, with a CAGR of +17.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average woven carpet export price stood at $X per square meter in 2022, increasing by 28% against the previous year. In general, the export price recorded a mild increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 78% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($X per square meter), while the average price for exports to the United States totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.

Woven Carpet Imports

Imports into the Dominican Republic

In 2022, purchases abroad of woven carpets and other woven textile coverings increased by 65% to X square meters for the first time since 2018, thus ending a three-year declining trend. In general, imports showed a pronounced increase. Imports peaked at X square meters in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, woven carpet imports skyrocketed to $X in 2022. Overall, imports showed temperate growth. The most prominent rate of growth was recorded in 2017 when imports increased by 55% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X square meters), India (X square meters) and the United States (X square meters) were the main suppliers of woven carpet imports to the Dominican Republic, together accounting for 75% of total imports. Belgium, Bangladesh, Turkey, Spain, Egypt and Panama lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bangladesh (with a CAGR of +53.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Turkey ($X) appeared to be the largest woven carpet suppliers to the Dominican Republic, together accounting for 55% of total imports. The United States, Belgium, Egypt, Panama, Spain and Bangladesh lagged somewhat behind, together accounting for a further 36%.

Among the main suppliers, Bangladesh, with a CAGR of +35.2%, recorded the highest rates of growth with regard to 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

In 2022, the average woven carpet import price amounted to $X per square meter, dropping by -22.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 55%. As a result, import price reached the peak level of $X per square meter. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per square meter), while the price for Bangladesh ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+19.4%), 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 woven carpets and other woven textile coverings in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, with a combined 50% share of global consumption.

What are the largest producers of woven carpets and other woven textile coverings in the world?

The countries with the highest volumes of in 2021 were Turkey, China and India, with a combined 70% share of global production. Indonesia, the United States, Pakistan, Bangladesh, Belgium, Egypt and Iran lagged somewhat behind, together accounting for a further 20%.

What are the leading suppliers of woven carpets and other woven textile coverings to the Dominican Republic?

In value terms, Sweden, the United States and India constituted the largest woven carpet suppliers to the Dominican Republic, with a combined 60% share of total imports.

What are the leading importers of woven carpets and other woven textile coverings from the Dominican Republic?

In value terms, the United States, Haiti and Venezuela $784) constituted the largest markets for woven carpet exported from the Dominican Republic worldwide.

What is the average export price for woven carpets and other woven textile coverings in the Dominican Republic?

The average woven carpet export price stood at $5,173 per ton in 2021, growing by 21% against the previous year.

What is the average import price for woven carpets and other woven textile coverings in the Dominican Republic?

In 2021, the average woven carpet import price amounted to $5,644 per ton, with an increase of 4.3% against the previous year.

This report provides an in-depth analysis of the woven carpet 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 13931200 - Woven carpets and other woven textile coverings (excluding tufted or flocked)

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024