Report Update Apr 1, 2024

Dominican Republic - Footwear - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Waterproof Footwear Market 2024

Waterproof Footwear Market Size in the Dominican Republic

In 2022, the Dominican waterproof footwear market decreased by X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption recorded a deep contraction. Waterproof footwear consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Waterproof Footwear Production in the Dominican Republic

In value terms, waterproof footwear production expanded sharply to $X in 2022 estimated in export price. Overall, production enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Waterproof Footwear Exports

Exports from the Dominican Republic

For the fifth consecutive year, the Dominican Republic recorded growth in overseas shipments of waterproof footwear, which increased by X% to X pairs in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, waterproof footwear exports soared to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X pairs) was the main destination for waterproof footwear exports from the Dominican Republic, with a X% share of total exports. It was followed by Haiti (X pairs), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%.

In value terms, the United States ($X) remains the key foreign market for waterproof footwear exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by Haiti ($X), with less than X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%.

Export Prices by Country

The average waterproof footwear export price stood at $X per pair in 2022, picking up by X% against the previous year. Overall, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in years to come.

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

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

Waterproof Footwear Imports

Imports into the Dominican Republic

In 2022, waterproof footwear imports into the Dominican Republic reduced markedly to X pairs, falling by X% against 2021. Over the period under review, imports, however, saw a measured increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked at X pairs in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, waterproof footwear imports declined to $X in 2022. In general, imports, however, showed a modest expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Guatemala (X pairs), China (X pairs) and Honduras (X pairs) were the main suppliers of waterproof footwear imports to the Dominican Republic, together accounting for X% of total imports. Brazil, Croatia, El Salvador and Mexico lagged somewhat behind, together accounting for a further X%.

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

In value terms, China ($X), Guatemala ($X) and El Salvador ($X) were the largest waterproof footwear suppliers to the Dominican Republic, together comprising X% of total imports. Brazil, Croatia, Honduras and Mexico lagged somewhat behind, together accounting for a further X%.

Croatia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 waterproof footwear import price amounted to $X per pair, with an increase of X% against the previous year. In general, the import price, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked at $X per pair in 2012; however, from 2013 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 El Salvador ($X per pair), while the price for Honduras ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (X%), 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 footwear in the world?

The countries with the highest volumes of consumption in 2023 were the United States, China and India, together comprising 36% of global consumption.

What are the largest producers of footwear in the world?

The country with the largest volume of footwear production was China, accounting for 60% of total volume. Moreover, footwear production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. The third position in this ranking was held by Vietnam, with a 4% share.

What are the leading suppliers of footwear to the Dominican Republic?

In value terms, China constituted the largest supplier of footwear to the Dominican Republic, comprising 77% of total imports. The second position in the ranking was taken by Brazil, with a 6% share of total imports. It was followed by Vietnam, with a 3% share.

What are the leading importers of footwear from the Dominican Republic?

In value terms, the United States remains the key foreign market for footwear exports from the Dominican Republic, comprising 84% of total exports. The second position in the ranking was held by the Netherlands, with a 2.2% share of total exports. It was followed by the UK, with a 1.6% share.

What is the average export price for footwear in the Dominican Republic?

In 2022, the average footwear export price amounted to $21 per pair, declining by -8.7% against the previous year.

What is the average import price for footwear in the Dominican Republic?

In 2022, the average footwear import price amounted to $8.9 per pair, declining by -4.2% against the previous year.

This report provides an in-depth analysis of the waterproof footwear 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 15201100 - Waterproof footwear, with uppers in rubber or plastics (excluding incorporating a protective metal toecap)

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