Dominican Republic - Hats And Other Headgear - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHat and Headgear Price in the Dominican Republic - 2023
Contents:
- Hat and Headgear Price in the Dominican Republic (CIF) - 2022
- Hat and Headgear Price in the Dominican Republic (FOB) - 2023
- Hat and Headgear Imports in the Dominican Republic
- Hat and Headgear Exports in the Dominican Republic
Hat and Headgear Price in the Dominican Republic (CIF) - 2022
The average hat and headgear import price stood at $8.8 per unit in 2022, waning by -28.5% against the previous year. Overall, the import price continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 92% against the previous year. The import price peaked at $36 per unit 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 Bangladesh ($21 per unit), while the price for China ($6.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Hat and Headgear Price in the Dominican Republic (FOB) - 2023
In March 2023, the average hat and headgear export price amounted to $5.0 per unit, waning by -13.4% against the previous month. Overall, the export price continues to indicate a mild descent. The pace of growth appeared the most rapid in October 2022 an increase of 58% against the previous month. Over the period under review, the average export prices attained the peak figure at $6.0 per unit in April 2022; however, from May 2022 to March 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In March 2023, the country with the highest price was Israel ($7.1 per unit), while the average price for exports to the United States totaled $4.8 per unit.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (-0.3%).
Hat and Headgear Imports in the Dominican Republic
Hat and headgear imports into the Dominican Republic soared to 1.4M units in 2022, jumping by 175% on the previous year. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, hat and headgear imports skyrocketed to $12M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Hat and Headgear in the Dominican Republic (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.6 | 3.2 | 3.9 | 6.6 | 22.4% |
Bangladesh | 0.1 | 0.4 | 0.7 | 3.5 | 227.1% |
United States | 0.9 | 0.6 | 0.8 | 1.3 | 13.0% |
Nicaragua | N/A | N/A | 0.2 | 0.1 | -50.0% |
Others | 0.7 | 0.5 | 0.7 | 0.8 | 4.6% |
Total | 5.3 | 4.7 | 6.3 | 12.3 | 32.4% |
Top Suppliers of Hat and Headgear to the Dominican Republic in 2022:
- China (1091.6K units)
- Bangladesh (165.4K units)
- United States (77.7K units)
- Nicaragua (18.7K units)
Hat and Headgear Exports in the Dominican Republic
In 2022, overseas shipments of hats and other headgear were finally on the rise to reach 30K units after two years of decline. Over the period under review, exports, however, faced a sharp contraction. The exports peaked at 221K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, hat and headgear exports surged to $878K in 2022. Overall, exports, however, continue to indicate a sharp downturn. Over the period under review, the exports reached the maximum at $5.7M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Hat and Headgear in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.5 | 4.9 | 0.5 | 0.7 | -49.7% |
Israel | N/A | N/A | N/A | 0.1 | 0% |
Netherlands | N/A | N/A | N/A | 0.1 | 0% |
Others | 0.3 | 0.2 | N/A | N/A | -33.3% |
Total | 5.7 | 5.1 | 0.5 | 0.9 | -46.0% |
Top Export Markets for Hat and Headgear from the Dominican Republic in 2022:
- United States (28.0K units)
- Netherlands (1.1K units)
- Israel (0.6K units)
This report provides an in-depth analysis of the hat and headgear 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 14194230 - Felt hats and other felt headgear, made from hat bodies or hoods and plateaux
- Prodcom 14194250 - Hats and other headgear, plaited or made by assembling strips of any material
- Prodcom 14194270 - Hats and other headgear, knitted or crocheted or made-up from lace, felt or other textile fabric in the piece (but not in strips), hair-nets of any material
- Prodcom 14194300 - Other headgear (except headgear of rubber or of plastics, s afety headgear and asbestos headgear), headbands, l inings, covers, hat foundations, hat frames, peaks and chinstraps, for headgear
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the hat and headgear market in the Dominican Republic.
This report provides an in-depth analysis of the global hat and headgear market.
This report provides an in-depth analysis of the hat and headgear market in the Dominican Republic.
This report provides an in-depth analysis of the global hat and headgear market.
Explore the top import markets for hat and headgear in 2023. Discover key statistics and trends in the global market for headwear imports.
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