Asia-Pacific: Ski Footwear Market 2021

Ski Footwear Market Size in Asia-Pacific

The Asia-Pacific ski footwear market dropped to $X in 2020, falling by -X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2015; however, from 2016 to 2020, consumption stood at a somewhat lower figure.

Ski Footwear Production in Asia-Pacific

In value terms, ski footwear production expanded modestly to $X in 2020 estimated in export prices. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2011; however, from 2012 to 2020, production remained at a lower figure.

Production By Country in Asia-Pacific

China (X pairs) constituted the country with the largest volume of ski footwear production, accounting for X% of total volume. Moreover, ski footwear production in China exceeded the figures recorded by the second-largest producer, India (X pairs), threefold. The third position in this ranking was occupied by Indonesia (X pairs), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China stood at -X%. In the other countries, the average annual rates were as follows: India (-X% per year) and Indonesia (+X% per year).

Ski Footwear Exports

Exports in Asia-Pacific

In 2020, shipments abroad of ski-boots, snowboard boots and cross-country ski footwear increased by X% to X pairs, rising for the fourth year in a row after five years of decline. Over the period under review, exports, however, showed a relatively flat trend pattern. The volume of export peaked at X pairs in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

In value terms, ski footwear exports dropped remarkably to $X in 2020. Overall, exports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. from 2012 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

India was the main exporting country with an export of about X pairs, which reached X% of total exports. It was distantly followed by China (X pairs), mixing up a X% share of total exports. Hong Kong SAR (X pairs), Myanmar (X pairs) and Cambodia (X pairs) occupied a little share of total exports.

Exports from India increased at an average annual rate of +X% from 2007 to 2020. At the same time, Myanmar (+X%) and Cambodia (+X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2007-2020. By contrast, Hong Kong SAR (-X%) and China (-X%) illustrated a downward trend over the same period. India (+X p.p.) and Myanmar (+X p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR and China saw its share reduced by -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest ski footwear supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Myanmar, with a X% share.

In China, ski footwear exports plunged by an average annual rate of -X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (+X% per year) and Myanmar (+X% per year).

Export Prices by Country

In 2020, the ski footwear export price in Asia-Pacific amounted to $X per pair, reducing by -X% against the previous year. Over the period under review, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2008 when the export price increased by X% y-o-y. Over the period under review, export prices reached the maximum at $X per pair in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Myanmar ($X per pair), while India ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced mixed trends in the export price figures.

Ski Footwear Imports

Imports in Asia-Pacific

In 2020, purchases abroad of ski-boots, snowboard boots and cross-country ski footwear increased by X% to X pairs, rising for the second year in a row after seven years of decline. Over the period under review, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2019 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at X pairs in 2011; however, from 2012 to 2020, imports remained at a lower figure.

In value terms, ski footwear imports contracted dramatically to $X in 2020. Overall, imports, however, showed a pronounced decline. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, India (X pairs) was the key importer of ski-boots, snowboard boots and cross-country ski footwear, comprising X% of total imports. Hong Kong SAR (X pairs) held a X% share (based on tons) of total imports, which put it in second place, followed by Japan (X%). The following importers - the Philippines (X pairs), South Korea (X pairs), China (X pairs), Australia (X pairs), New Zealand (X pairs) and Afghanistan (X pairs) - together made up X% of total imports.

From 2007 to 2020, average annual rates of growth with regard to ski footwear imports into India stood at +X%. At the same time, Afghanistan (+X%) and the Philippines (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +X% from 2007-2020. New Zealand and China experienced a relatively flat trend pattern. By contrast, South Korea (-X%), Australia (-X%), Japan (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of India (+X p.p.), the Philippines (+X p.p.), China (+X p.p.), Afghanistan (+X p.p.) and New Zealand (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Japan (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ski footwear importing markets in Asia-Pacific were Japan ($X), Hong Kong SAR ($X) and South Korea ($X), with a combined X% share of total imports. China, Australia, New Zealand, the Philippines, India and Afghanistan lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the ski footwear import price in Asia-Pacific amounted to $X per pair, shrinking by -X% against the previous year. Over the period under review, the import price, however, posted a measured increase. The pace of growth appeared the most rapid in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per pair in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was South Korea ($X per pair), while India ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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