Snow-Ski Equipment Price in the Dominican Republic - 2023

Contents:

  1. Snow-Ski Equipment Price in the Dominican Republic (CIF) - 2022
  2. Snow-Ski Equipment Price in the Dominican Republic (FOB) - 2022
  3. Snow-Ski Equipment Imports in the Dominican Republic
  4. Snow-Ski Equipment Exports in the Dominican Republic

Snow-Ski Equipment Price in the Dominican Republic (CIF) - 2022

The average snow-ski equipment import price stood at $7.5 per unit in 2022, waning by -9.5% against the previous year. Over the period under review, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 88% against the previous year. The import price peaked at $22 per unit in 2015; however, from 2016 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 Hong Kong SAR ($18 per unit), while the price for Spain ($1.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-1.8%), while the prices for the other major suppliers experienced a decline.

Snow-Ski Equipment Price in the Dominican Republic (FOB) - 2022

The average snow-ski equipment export price stood at $6.3 per unit in 2022, surging by 9.4% against the previous year. Overall, the export price saw a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of 2,225%. As a result, the export price reached the peak level of $37 per unit. From 2016 to 2022, the average export prices remained 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 2013 to 2022, the rate of growth in terms of prices for Haiti amounted to +2,686.6% per year.

Snow-Ski Equipment Imports in the Dominican Republic

Snow-ski equipment imports into the Dominican Republic contracted significantly to 82K units in 2022, waning by -23.6% on the previous year's figure. Over the period under review, imports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 52% against the previous year. As a result, imports reached the peak of 108K units, and then fell dramatically in the following year.

In value terms, snow-ski equipment imports contracted sharply to $620K in 2022. In general, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 187%. As a result, imports attained the peak of $897K, and then fell markedly in the following year.

Import of Snow-Ski Equipment in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27220176857628.4%
United States45.79.248.437.0-6.8%
Hong Kong SAR18445.278.01.9-78.2%
Spain1.156.51.11.10.0%
Brazil20.1N/A0.6N/A-82.7%
Others3.11.50.94.311.5%
Total5263138976205.6%

Top Suppliers of Snow-Ski Equipment to the Dominican Republic in 2022:

  1. China (63.0K units)
  2. United States (17.5K units)
  3. Spain (0.7K units)
  4. Hong Kong SAR (0.1K units)

Snow-Ski Equipment Exports in the Dominican Republic

Snow-ski equipment exports from the Dominican Republic soared to 2.1K units in 2022, increasing by 174% compared with 2021 figures. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,618%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, snow-ski equipment exports soared to $13K in 2022. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 2,697% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Export of Snow-Ski Equipment in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.70.13.511.218.7%
Others0.10.10.91.9166.8%
Total6.70.24.413.125.0%

Top Export Markets for Snow-Ski Equipment from the Dominican Republic in 2022:

  1. United States (2.0K units)

Source: IndexBox Market Intelligence Platform

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