Asia-Pacific: 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 Asia-Pacific

In 2021, the Asia-Pacific market for snow-skis and other snow-ski equipment, ice-skates and roller-skates decreased by -19.1% to $X, falling for the seventh year in a row after three years of growth. In general, consumption showed a deep slump. 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 Asia-Pacific

In value terms, production of snow-skis and other snow-ski equipment, ice-skates and roller-skates stood at $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible curtailment. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

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

Exports in Asia-Pacific

In 2021, after three years of decline, there was significant growth in overseas shipments of snow-skis and other snow-ski equipment, ice-skates and roller-skates, when their volume increased by 58% to X tons. Total exports indicated a slight expansion 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. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates surged to $X in 2021. Total exports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +68.7% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates roller-skates structure, finishing at X tons, which was near 92% of total exports in 2021. The following exporters - Taiwan (Chinese) (X tons) and Vietnam (X tons) - together made up 5.3% of total exports.

Exports from China increased at an average annual rate of +1.5% from 2012 to 2021. At the same time, Taiwan (Chinese) (+6.3%) and Vietnam (+1.9%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +6.3% from 2012-2021. While the share of China (+2 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest skis and its equipment and skates supplier in Asia-Pacific, comprising 85% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 6.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value in China stood at +4.7%. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (+12.4% per year) and Vietnam (+6.4% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, waning by -2.3% against the previous year. Export price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by +25.1% against 2017 indices. The pace of growth appeared the most rapid in 2014 when the export price increased by 47%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.8%), while the other leaders experienced more modest paces of growth.

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

Imports in Asia-Pacific

In 2021, supplies from abroad of snow-skis and other snow-ski equipment, ice-skates and roller-skates was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Total imports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The volume of import peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates skyrocketed to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. Over the period under review, imports of reached the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Indonesia (X tons), distantly followed by Australia (X tons), Japan (X tons), China (X tons), South Korea (X tons), Thailand (X tons) and Hong Kong SAR (X tons) were the major importers of snow-skis and other snow-ski equipment, ice-skates and roller-skates, together comprising 77% of total imports. The following importers - Singapore (X tons), Vietnam (X tons), India (X tons), Malaysia (X tons), New Zealand (X tons) and Taiwan (Chinese) (X tons) - each accounted for an 18% share of total imports.

Imports into Indonesia increased at an average annual rate of +23.2% from 2012 to 2021. At the same time, Thailand (+28.4%), India (+14.0%), Vietnam (+10.9%), Australia (+7.9%), New Zealand (+7.4%), Singapore (+4.2%), Malaysia (+3.6%) and China (+1.1%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +28.4% from 2012-2021. Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, South Korea (-1.0%), Hong Kong SAR (-8.2%) and Japan (-9.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Indonesia, Thailand, Australia, India and Vietnam increased by +20, +6, +4, +1.9 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest skis and its equipment and skates importing markets in Asia-Pacific were Japan ($X), China ($X) and Australia ($X), together comprising 51% of total imports. South Korea, Hong Kong SAR, New Zealand, Indonesia, Singapore, Taiwan (Chinese), Vietnam, Thailand, India and Malaysia lagged somewhat behind, together comprising a further 47%.

Thailand, with a CAGR of +19.5%, recorded the highest growth rate of the value of imports, among 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 2021, the import price in Asia-Pacific amounted to $X per ton, waning by -14.4% against the previous year. Over the period under review, the import price showed a pronounced setback. The growth pace was the most rapid in 2018 when the import price increased by 77% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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