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Dominican Republic - Men's or Boys' Clothing (Not Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDominican Republic: Non-Knitted Men Apparel Market 2024
Non-Knitted Men Apparel Market Size in the Dominican Republic
In 2023, the Dominican non-knitted men apparel market decreased by X% to $X, falling for the second year in a row after two years of growth. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2023, the growth of the market remained at a lower figure.
Non-Knitted Men Apparel Production in the Dominican Republic
In value terms, non-knitted men apparel production reduced modestly to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2023, production failed to regain momentum.
Non-Knitted Men Apparel Exports
Exports from the Dominican Republic
In 2023, shipments abroad of men's or boys' clothing (not knitted or crocheted) increased by X% to X units for the first time since 2019, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The exports peaked at X units in 2014; however, from 2015 to 2023, the exports remained at a lower figure.
In value terms, non-knitted men apparel exports stood at $X in 2023. In general, exports, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2023, the growth of the exports failed to regain momentum.
Exports by Country
The United States (X units) was the main destination for non-knitted men apparel exports from the Dominican Republic, with a X% share of total exports. It was followed by Haiti (X units), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of volume to the United States totaled X%.
In value terms, the United States ($X) remains the key foreign market for men's or boys' clothing (not knitted or crocheted) exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by Haiti ($X), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of value to the United States amounted to X%.
Export Prices by Country
In 2023, the average non-knitted men apparel export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price recorded a deep setback. The growth pace was the most rapid in 2021 an increase of X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Haiti stood at $X per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%).
Non-Knitted Men Apparel Imports
Imports into the Dominican Republic
In 2023, overseas purchases of men's or boys' clothing (not knitted or crocheted) increased by X% to X units, rising for the third consecutive year after three years of decline. Overall, imports saw a strong increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked at X units in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.
In value terms, non-knitted men apparel imports skyrocketed to $X in 2023. Over the period under review, imports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.
Imports by Country
In 2023, China (X units) constituted the largest non-knitted men apparel supplier to the Dominican Republic, accounting for a X% share of total imports. Moreover, non-knitted men apparel imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fivefold. The United States (X units) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the United States (X% per year).
In value terms, China ($X) constituted the largest supplier of men's or boys' clothing (not knitted or crocheted) to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by Bangladesh, with an X% share.
From 2012 to 2023, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Bangladesh (X% per year).
Import Prices by Country
The average non-knitted men apparel import price stood at $X per unit in 2023, falling by X% against the previous year. Over the period under review, the import price saw a deep setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Morocco ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the non-knitted men apparel 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 14121120 - Men
- Prodcom 14121130 - Men
- Prodcom 14121240 - Men
- Prodcom 14121250 - Men
- Prodcom 14132110 -
- Prodcom 14132120 -
- Prodcom 14132130 - Men
- Prodcom 14132210 -
- Prodcom 14132220 -
- Prodcom 14132300 - Men
- Prodcom 14132442 - Men
- Prodcom 14132444 - Men
- Prodcom 14132445 - Men
- Prodcom 14132448 - Men
- Prodcom 14132449 - Men
- Prodcom 14132455 - Men
- Prodcom 14132460 - Men
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
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