Dominican Republic - Track Suits, Ski Suits And Swimwear - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSportswear Price in the Dominican Republic - 2023
Contents:
- Sportswear Price in the Dominican Republic (FOB) - 2023
- Sportswear Price in the Dominican Republic (CIF) - 2023
- Sportswear Exports in the Dominican Republic
- Sportswear Imports in the Dominican Republic
Sportswear Price in the Dominican Republic (FOB) - 2023
In March 2023, the average sportswear export price amounted to $9.1 per unit, growing by 12% against the previous month. Over the period under review, the export price saw modest growth. The most prominent rate of growth was recorded in September 2022 an increase of 125% against the previous month. The export price peaked at $10.2 per unit in November 2022; however, from December 2022 to March 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From March 2022 to March 2023, the rate of growth in terms of prices for the United States amounted to +1.2% per month.
Sportswear Price in the Dominican Republic (CIF) - 2023
In March 2023, the average sportswear import price amounted to $6.3 per unit, with an increase of 77% against the previous month. In general, the import price, however, continues to indicate a slight reduction. The pace of growth was the most pronounced in July 2022 an increase of 221% against the previous month. As a result, import price attained the peak level of $12.8 per unit. From August 2022 to March 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($6.6 per unit), while the price for China totaled $4.3 per unit.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by China (-1.7%).
Sportswear Exports in the Dominican Republic
In 2022, shipments abroad of track suits, ski suits and swimwear decreased by -13.2% to 1M units, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 48%. As a result, the exports reached the peak of 1.2M units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, sportswear exports contracted notably to $7.3M in 2022. Over the period under review, total exports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +13.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 50% against the previous year. As a result, the exports attained the peak of $9.7M, and then contracted sharply in the following year.
| Export of Sportswear in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.2 | 6.4 | 9.6 | 7.2 | 5.1% |
| Others | 0.5 | 0.1 | 0.1 | 0.1 | -41.5% |
| Total | 6.7 | 6.5 | 9.7 | 7.3 | 2.9% |
Top Export Markets for Sportswear from the Dominican Republic in 2022:
- United States (990.7K units)
Sportswear Imports in the Dominican Republic
Sportswear imports into the Dominican Republic skyrocketed to 345K units in 2022, rising by 20% against 2021. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 104%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, sportswear imports totaled $3.1M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Sportswear in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,397 | 1,469 | 1,879 | 2,015 | 13.0% |
| United States | 130 | 62.0 | 106 | 121 | -2.4% |
| Mexico | 145 | 65.0 | 59.6 | 77.3 | -18.9% |
| Others | 565 | 368 | 1,029 | 862 | 15.1% |
| Total | 2,236 | 1,965 | 3,074 | 3,075 | 11.2% |
Top Suppliers of Sportswear to the Dominican Republic in 2022:
- China (300.6K units)
- United States (11.6K units)
- Mexico (1.7K units)
This report provides an in-depth analysis of the sportswear 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 14191210 - Track-suits, of knitted or crocheted textiles
- Prodcom 14191230 - Ski-suits, of knitted or crocheted textiles
- Prodcom 14191240 - Men
- Prodcom 14191250 - Women
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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In value terms, track suits, swimwear and other garments imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indi...
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In value terms, track suits, swimwear and other garments exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, ...
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Global sportswear imports amounted to X tons in 2016, remaining constant against the previous year figure. In general, sportswear imports continue to indicate a mild slump. The most prominent rat...
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Global sportswear imports amounted to X tons in 2016, remaining constant against the previous year figure. In general, sportswear imports continue to indicate a mild slump. The most prominent rat...
165
Explore the top import markets for sportswear in countries like the United States, Germany, France, and more. Find out key statistics and data from IndexBox.
923
In value terms, track suits, swimwear and other garments imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indi...
793
In value terms, track suits, swimwear and other garments exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, ...
1252
Global sportswear imports amounted to X tons in 2016, remaining constant against the previous year figure. In general, sportswear imports continue to indicate a mild slump. The most prominent rat...
1102
Global sportswear imports amounted to X tons in 2016, remaining constant against the previous year figure. In general, sportswear imports continue to indicate a mild slump. The most prominent rat...
