United Kingdom: Market for Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates 2024

Market Size for Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates in the UK

In 2021, the UK market for snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by 9.5% to $X for the first time since 2016, thus ending a four-year declining trend. Overall, consumption, however, recorded a abrupt descent. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates in the UK

In value terms, production of snow-skis and other snow-ski equipment, ice-skates and roller-skates surged to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a deep reduction. Production of peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates

Exports from the UK

In 2021, shipments abroad of snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by 49% to X tons for the first time since 2016, thus ending a four-year declining trend. In general, exports posted a remarkable increase. The growth pace was the most rapid in 2013 when exports increased by 84% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates contracted to $X in 2021. Over the period under review, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 80%. The exports peaked at $X in 2020, and then dropped in the following year.

Exports by Country

Israel (X tons) was the main destination for exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from the UK, with a 51% share of total exports. Moreover, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates to Israel exceeded the volume sent to the second major destination, Australia (X tons), threefold. The Netherlands (X tons) ranked third in terms of total exports with a 9.2% share.

From 2012 to 2021, the average annual growth rate of volume to Israel totaled +155.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+29.6% per year) and the Netherlands (+62.2% per year).

In value terms, Australia ($X), Israel ($X) and the Netherlands ($X) constituted the largest markets for skis and its equipment and skates exported from the UK worldwide, with a combined 65% share of total exports.

Israel, with a CAGR of +106.4%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for snow-skis and other snow-ski equipment, ice-skates and roller-skates stood at $X per ton in 2021, dropping by -38.2% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 53%. As a result, the export price attained the peak level of $X per ton, and then fell dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Israel ($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 Australia (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates

Imports into the UK

Imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates into the UK fell to X tons in 2021, approximately equating the previous year's figure. In general, total imports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +44.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 45% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates fell to $X in 2021. Over the period under review, total imports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +24.6% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 45%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of skis and its equipment and skates to the UK, accounting for a 74% share of total imports. Moreover, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from China exceeded the figures recorded by the second-largest supplier, Cambodia (X tons), more than tenfold. The third position in this ranking was held by France (X tons), with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Cambodia (+21.0% per year) and France (+7.0% per year).

In value terms, China ($X) constituted the largest supplier of snow-skis and other snow-ski equipment, ice-skates and roller-skates to the UK, comprising 56% of total imports. The second position in the ranking was taken by France ($X), with an 8.4% share of total imports. It was followed by the United States, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+2.8% per year) and the United States (+12.8% per year).

Import Prices by Country

In 2021, the average import price for snow-skis and other snow-ski equipment, ice-skates and roller-skates amounted to $X per ton, waning by -13.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 33% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cambodia (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :