Dominican Republic: Ski-Suit Market 2025

Ski-Suit Market Size in the Dominican Republic

In 2021, the Dominican ski-suit market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, saw a deep setback. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Ski-Suit Production in the Dominican Republic

In value terms, ski-suit production soared to $X in 2021 estimated in export price. In general, production, however, continues to indicate a precipitous decline. The pace of growth appeared the most rapid in 2015 with an increase of 190%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Ski-Suit Exports

Exports from the Dominican Republic

In 2021, the amount of ski-suits (excluding of knitted or crocheted textiles) exported from the Dominican Republic shrank to X units, declining by -2.4% against the year before. Overall, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 49%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, ski-suit exports shrank dramatically to $X in 2021. In general, exports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2016 when exports increased by 19% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for ski-suit exports from the Dominican Republic, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled -25.9%.

In value terms, the United States ($X) also remains the key foreign market for ski-suits (excluding of knitted or crocheted textiles) exports from the Dominican Republic.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at -28.4%.

Export Prices by Country

The average ski-suit export price stood at $X per unit in 2021, shrinking by -13.4% against the previous year. In general, the export price continues to indicate a perceptible contraction. The growth pace was the most rapid in 2017 when the average export price increased by 38% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to +15.2% per year.

Ski-Suit Imports

Imports into the Dominican Republic

For the third consecutive year, the Dominican Republic recorded growth in supplies from abroad of ski-suits (excluding of knitted or crocheted textiles), which increased by 19% to X units in 2021. In general, imports continue to indicate a prominent increase. The growth pace was the most rapid in 2017 when imports increased by 32%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, ski-suit imports dropped to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 17% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main ski-suit supplier to the Dominican Republic, with a 93% share of total imports. It was followed by the United States (X units), with a 1.7% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +10.6%.

In value terms, China ($X) constituted the largest supplier of ski-suits (excluding of knitted or crocheted textiles) to the Dominican Republic, comprising 71% of total imports. The second position in the ranking was taken by the United States ($X), with a 7.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -1.6%.

Import Prices by Country

In 2021, the average ski-suit import price amounted to $X per unit, falling by -20.3% against the previous year. Overall, the import price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2018 an increase of 21% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+8.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :