Dominican Republic: Footwear Market 2025

Footwear Market Size in the Dominican Republic

In 2022, the Dominican footwear market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Footwear consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Footwear Production in the Dominican Republic

In value terms, footwear production reduced to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Footwear Exports

Exports from the Dominican Republic

In 2022, approx. X pairs of footwear were exported from the Dominican Republic; reducing by X% compared with 2021. Overall, exports saw a noticeable contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X pairs in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, footwear exports contracted rapidly to $X in 2022. Over the period under review, exports saw a drastic downturn. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X pairs) was the main destination for footwear exports from the Dominican Republic, with a X% share of total exports. Moreover, footwear exports to the United States exceeded the volume sent to the second major destination, Haiti (X pairs), more than tenfold. Portugal (X pairs) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (X% per year) and Portugal (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the average footwear export price amounted to $X per pair, dropping by X% against the previous year. Overall, the export price continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. As a result, the export price reached the peak level of $X per pair. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (X%), while the prices for the other major destinations experienced a decline.

Footwear Imports

Imports into the Dominican Republic

For the fifth consecutive year, the Dominican Republic recorded growth in purchases abroad of footwear, which increased by X% to X pairs in 2022. Overall, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, footwear imports expanded notably to $X in 2022. In general, imports posted a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X pairs) constituted the largest footwear supplier to the Dominican Republic, accounting for a X% share of total imports. Moreover, footwear imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X pairs), more than tenfold. The third position in this ranking was taken by Vietnam (X pairs), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Vietnam (X% per year).

In value terms, China ($X) constituted the largest supplier of footwear to the Dominican Republic, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the average footwear import price amounted to $X per pair, increasing by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per pair in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per pair), while the price for China ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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