Dominican Republic: Luggage Market 2025

Luggage Market Size in the Dominican Republic

In 2021, the Dominican luggage market was finally on the rise to reach $X after three years of decline. In general, consumption, however, continues to indicate a relatively flat trend pattern. Luggage consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Luggage Production in the Dominican Republic

In value terms, luggage production dropped to $X in 2021 estimated in export price. Over the period under review, production saw a perceptible downturn. The growth pace was the most rapid in 2016 when the production volume increased by 37%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Luggage Exports

Exports from the Dominican Republic

In 2021, approx. X tons of luggage and handbags were exported from the Dominican Republic; with a decrease of -3.3% on the previous year's figure. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 93%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, luggage exports expanded modestly to $X in 2021. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of 106%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for luggage exports from the Dominican Republic, with a 76% share of total exports. Moreover, luggage exports to the United States exceeded the volume sent to the second major destination, Haiti (X tons), more than tenfold. Panama (X tons) ranked third in terms of total exports with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (-4.4% per year) and Panama (+24.7% per year).

In value terms, the United States ($X) remains the key foreign market for luggage and handbags exports from the Dominican Republic, comprising 68% of total exports. The second position in the ranking was held by Haiti ($X), with a 1.7% share of total exports. It was followed by Panama, with a 1.1% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled -7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (-4.7% per year) and Panama (+19.5% per year).

Export Prices by Country

The average luggage export price stood at $X per ton in 2021, picking up by 6.1% against the previous year. Overall, the export price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2013 an increase of 37% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Austria ($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 Haiti (-0.4%), while the prices for the other major destinations experienced a decline.

Luggage Imports

Imports into the Dominican Republic

In 2021, overseas purchases of luggage and handbags were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports posted buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 322% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, luggage imports skyrocketed to $X in 2021. In general, imports showed a prominent expansion. The growth pace was the most rapid in 2017 with an increase of 158%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest luggage supplier to the Dominican Republic, with a 84% share of total imports. Moreover, luggage imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. Hong Kong SAR (X tons) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+5.4% per year) and Hong Kong SAR (-0.4% per year).

In value terms, China ($X) constituted the largest supplier of luggage and handbags to the Dominican Republic, comprising 59% of total imports. The second position in the ranking was held by the United States ($X), with a 5.3% share of total imports. It was followed by Panama, with a 2.5% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+7.5% per year) and Panama (+15.8% per year).

Import Prices by Country

The average luggage import price stood at $X per ton in 2021, dropping by -5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 27% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Panama ($X per ton), while the price for China ($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 (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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