Report Update Nov 1, 2024

Dominican Republic - Woven Fabrics of Flax - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Dominican Republic: Flax Fabric Market 2024

Flax Fabric Market Size in the Dominican Republic

For the eleventh year in a row, the Dominican flax fabric market recorded growth in sales value, which increased by 7.2% to $X in 2022. Overall, consumption recorded a significant expansion. Flax fabric consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Flax Fabric Production in the Dominican Republic

In value terms, flax fabric production soared to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt slump. Flax fabric production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Flax Fabric Exports

Exports from the Dominican Republic

In 2022, shipments abroad of woven fabrics of flax decreased by -49% to X kg for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 131% against the previous year. As a result, the exports reached the peak of X kg, and then fell sharply in the following year.

In value terms, flax fabric exports dropped markedly to $X in 2022. In general, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2016 when exports increased by 179,033% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X kg) was the main destination for flax fabric exports from the Dominican Republic, with a approx. 100% share of total exports.

From 2020 to 2022, the average annual rate of growth in terms of volume to the United States totaled +1,487.5%.

In value terms, the United States ($X) emerged as the key foreign market for woven fabrics of flax exports from the Dominican Republic.

From 2020 to 2022, the average annual rate of growth in terms of value to the United States stood at +6,495.1%.

Export Prices by Country

In 2022, the average flax fabric export price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price recorded significant growth. The growth pace was the most rapid in 2021 when the average export price increased by 112% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

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

From 2020 to 2022, the rate of growth in terms of prices for the United States amounted to +315.5% per year.

Flax Fabric Imports

Imports into the Dominican Republic

For the eleventh year in a row, the Dominican Republic recorded growth in overseas purchases of woven fabrics of flax, which increased by 370% to X tons in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, flax fabric imports surged to $X in 2022. Over the period under review, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 218%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main flax fabric supplier to the Dominican Republic, accounting for a 91% share of total imports. Moreover, flax fabric imports from China exceeded the figures recorded by the second-largest supplier, the UK (X tons), more than tenfold. The third position in this ranking was taken by Spain (X tons), with a 1.6% share.

From 2020 to 2022, the average annual rate of growth in terms of volume from China totaled +444.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+249.7% per year) and Spain (-27.1% per year).

In value terms, China ($X) constituted the largest supplier of woven fabrics of flax to the Dominican Republic, comprising 84% of total imports. The second position in the ranking was held by the UK ($X), with a 7.8% share of total imports. It was followed by Spain, with a 2.2% share.

From 2020 to 2022, the average annual growth rate of value from China totaled +149.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+129.2% per year) and Spain (-15.7% per year).

Import Prices by Country

The average flax fabric import price stood at $X per ton in 2022, declining by -42.8% against the previous year. Overall, the import price faced a significant contraction. The growth pace was the most rapid in 2021 a decrease of -27.7%. The import price peaked at $X per ton in 2020; however, from 2021 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 UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+24.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven fabrics of flax in the world?

The countries with the highest volumes of in 2021 were China, Afghanistan and the United States, together comprising 32% of global consumption.

What are the largest producers of woven fabrics of flax in the world?

China constituted the country with the largest volume of flax fabric production, accounting for 41% of total volume. Moreover, flax fabric production in China exceeded the figures recorded by the second-largest producer, Russia, fivefold. The third position in this ranking was occupied by India, with an 8.3% share.

What are the leading suppliers of woven fabrics of flax to the Dominican Republic?

In value terms, China, the United States and Spain appeared to be the largest flax fabric suppliers to the Dominican Republic, with a combined 74% share of total imports. Panama, Turkey, the UK and Italy lagged somewhat behind, together accounting for a further 13%.

What is the average export price for woven fabrics of flax in the Dominican Republic?

The average flax fabric export price stood at $2,557 per ton in 2020, waning by -90.8% against the previous year.

What is the average import price for woven fabrics of flax in the Dominican Republic?

In 2021, the average flax fabric import price amounted to $26,135 per ton, waning by -4.7% against the previous year.

This report provides an in-depth analysis of the flax 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 13201330 - Woven fabrics of flax, containing . .85 % by weight of flax
Prodcom 13201360 - Woven fabrics of flax, containing < .85 % by weight of flax

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