Report Update Nov 1, 2024

Dominican Republic - Ice Skates and Roller Skates - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Skates Market 2024

Skates Market Size in the Dominican Republic

After three years of decline, the Dominican skates market increased by 608% to $X in 2021. In general, consumption posted a significant expansion. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Skates Exports

Exports from the Dominican Republic

In 2021, the amount of ice skates and roller skates exported from the Dominican Republic fell sharply to X kg, waning by -70.6% against the previous year's figure. Over the period under review, exports, however, showed a strong increase. The growth pace was the most rapid in 2015 with an increase of 80% against the previous year. Over the period under review, the exports reached the maximum at X kg in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, skates exports contracted rapidly to $X in 2021. In general, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 70% against the previous year. As a result, the exports reached the peak of $X, and then shrank markedly in the following year.

Exports by Country

Costa Rica (X kg), the United States (X kg) and Honduras (X kg) were the main destinations of skates exports from the Dominican Republic, together comprising 80% of total exports. Moreover, skates exports in Costa Rica exceeded the figures recorded by the second-largest exporter, the United States, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, Venezuela ($X) emerged as the key foreign market for ice skates and roller skates exports from the Dominican Republic, comprising 55% of total exports. The second position in the ranking was taken by Costa Rica ($X), with a 26% share of total exports. It was followed by the United States, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Venezuela amounted to +64.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (-3.1% per year) and the United States (-22.8% per year).

Export Prices by Country

In 2021, the average skates export price amounted to $X per ton, falling by -64% against the previous year. In general, the export price recorded a drastic downturn. The growth pace was the most rapid in 2020 an increase of 97% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped markedly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Honduras ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2,032.5%), while the prices for the other major destinations experienced more modest paces of growth.

Skates Imports

Imports into the Dominican Republic

In 2021, purchases abroad of ice skates and roller skates was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 1,201%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, skates imports surged to $X in 2021. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 858%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons), China (X tons) and Hong Kong SAR (X tons) were the main suppliers of skates imports to the Dominican Republic, with a combined 91% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +66.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), China ($X) and Panama ($X) appeared to be the largest skates suppliers to the Dominican Republic, with a combined 85% share of total imports. These countries were followed by the United States and Vietnam, which together accounted for a further 14%.

The United States, with a CAGR of +33.6%, recorded the highest rates of growth with regard to the value of imports, among 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 2021, the average skates import price amounted to $X per ton, growing by 8.4% against the previous year. Overall, the import price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2020 an increase of 27%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Panama ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ice skates and roller skates in the world?

The countries with the highest volumes of skates consumption in 2020 were China, the United States and India, with a combined 47% share of global consumption. These countries were followed by Pakistan, Russia, Bangladesh, Indonesia, Germany, Canada, France, Ethiopia, the UK and the Netherlands, which together accounted for a further 27%.

What are the largest producers of ice skates and roller skates in the world?

The country with the largest volume of skates production was China, comprising approx. 62% of total volume. Moreover, skates production in China exceeded the figures recorded by the second-largest producer, India, eightfold. The third position in this ranking was occupied by Pakistan, with a 4.2% share.

What are the leading suppliers of ice skates and roller skates to the Dominican Republic?

In value terms, China constituted the largest supplier of skates to the Dominican Republic, comprising 94% of total imports. The second position in the ranking was occupied by the United States, with a 5.4% share of total imports.

What are the leading importers of ice skates and roller skates from the Dominican Republic?

In value terms, Jamaica $271) remains the key foreign market for skates exports from the Dominican Republic, comprising 48% of total exports. The second position in the ranking was occupied by Costa Rica $97), with a 17% share of total exports.

What is the average export price for ice skates and roller skates in the Dominican Republic?

The average skates export price stood at $6,463 per ton in 2020, which is down by -42.4% against the previous year.

What is the average import price for ice skates and roller skates in the Dominican Republic?

In 2020, the average skates import price amounted to $12,356 per ton, falling by -8.5% against the previous year.

This report provides an in-depth analysis of the skates 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 32301150 - Ice skates and roller skates, including skating boots with skates attached, parts and accessories therefor

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:

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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
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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