Report Update Feb 1, 2025

Dominican Republic - Track Suits, Ski Suits and Swimwear - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Sportswear Market 2025

Sportswear Market Size in the Dominican Republic

The Dominican sportswear market declined to $X in 2021, which is down by -9.6% against the previous year. Overall, consumption saw a perceptible curtailment. Sportswear consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Sportswear Production in the Dominican Republic

In value terms, sportswear production dropped slightly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a pronounced curtailment. The pace of growth was the most pronounced in 2017 with an increase of 12% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Sportswear Exports

Exports from the Dominican Republic

Sportswear exports from the Dominican Republic soared to X units in 2021, with an increase of 83% compared with 2020 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when exports increased by 326% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, sportswear exports soared to $X in 2021. In general, exports, however, continue to indicate a slight decline. The pace of growth was the most pronounced in 2015 with an increase of 326%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for sportswear exports from the Dominican Republic, with a approx. 98% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest.

In value terms, the United States ($X) also remains the key foreign market for track suits, ski suits and swimwear exports from the Dominican Republic.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to -2.5%.

Export Prices by Country

In 2021, the average sportswear export price amounted to $X per unit, dropping by -9.7% against the previous year. Overall, the export price showed a mild downturn. The pace of growth was the most pronounced in 2013 when the average export price increased by 18%. 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 the United States amounted to -1.6% per year.

Sportswear Imports

Imports into the Dominican Republic

In 2021, overseas purchases of track suits, ski suits and swimwear increased by 140% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, sportswear imports skyrocketed to $X in 2021. In general, imports, however, showed a slight setback. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of sportswear to the Dominican Republic, accounting for a 68% share of total imports. Moreover, sportswear imports from China exceeded the figures recorded by the second-largest supplier, Panama (X units), fourfold. Colombia (X units) ranked third in terms of total imports with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +27.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-13.0% per year) and Colombia (+13.1% per year).

In value terms, the largest sportswear suppliers to the Dominican Republic were Panama ($X), China ($X) and Colombia ($X), together comprising 74% of total imports.

Among the main suppliers, China, with a CAGR of +28.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sportswear import price stood at $X per unit in 2021, dropping by -19.7% against the previous year. Overall, the import price saw a slight descent. The most prominent rate of growth was recorded in 2013 an increase of 42% 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 Peru ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+13.9%), 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 track suits, ski suits and swimwear in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together accounting for 59% of global consumption. India, Pakistan, Nigeria and Bangladesh lagged somewhat behind, together comprising a further 7.7%.

What are the largest producers of track suits, ski suits and swimwear in the world?

China constituted the country with the largest volume of sportswear production, accounting for 50% of total volume. Moreover, sportswear production in China exceeded the figures recorded by the second-largest producer, Bangladesh, more than tenfold. The third position in this ranking was occupied by Cambodia, with a 3.1% share.

What are the leading suppliers of track suits, ski suits and swimwear to the Dominican Republic?

In value terms, China constituted the largest supplier of sportswear to the Dominican Republic, comprising 63% of total imports. The second position in the ranking was occupied by Colombia, with a 6.5% share of total imports. It was followed by Spain, with a 3.4% share.

What are the leading importers of track suits, ski suits and swimwear from the Dominican Republic?

In value terms, the United States remains the key foreign market for sportswear exports from the Dominican Republic, comprising 85% of total exports. The second position in the ranking was occupied by Mexico, with an 11% share of total exports.

What is the average export price for track suits, ski suits and swimwear in the Dominican Republic?

The average sportswear export price stood at $8.7 per unit in 2021, which is down by -17.8% against the previous year.

What is the average import price for track suits, ski suits and swimwear in the Dominican Republic?

In 2021, the average sportswear import price amounted to $6.5 per unit, falling by -5.3% against the previous year.

This report provides an in-depth analysis of the sportswear 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 14191210 - Track-suits, of knitted or crocheted textiles
Prodcom 14191230 - Ski-suits, of knitted or crocheted textiles
Prodcom 14191240 - Men
Prodcom 14191250 - Women

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024