Asia: 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

In 2021, the Asian market for snow-skis and other snow-ski equipment, ice-skates and roller-skates decreased by -15% to $X, falling for the seventh consecutive year after three years of growth. Over the period under review, consumption showed a deep downturn. As a result, consumption reached 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

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. Overall, production, however, recorded a perceptible decrease. The pace of growth appeared the most rapid in 2014 when the production volume increased by 1.6%. As a result, production attained the peak level of $X. From 2015 to 2021, production of growth failed to regain momentum.

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

Exports in Asia

In 2021, shipments 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 exports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +1.4% over the last nine years. 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 soared to $X in 2021. Total exports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.6% 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 +68.1% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in roller-skates structure, amounting to X tons, which was approx. 91% of total exports in 2021. Taiwan (Chinese) (X tons) and Vietnam (X tons) held a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to skis and its equipment and skates exports from China stood at +1.5%. 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, with a CAGR of +6.3% from 2012-2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest skis and its equipment and skates supplier in Asia, comprising 83% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 6.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +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

The export price in Asia stood at $X per ton in 2021, dropping by -3.1% against the previous year. Export price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine-year period. 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 +24.5% against 2017 indices. The growth pace was the most rapid in 2014 an increase of 47%. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: 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

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. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, imports of hit record highs at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a slight setback. Over the period under review, imports of reached the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Indonesia (X tons), distantly followed by Turkey (X tons), Saudi Arabia (X tons), the United Arab Emirates (X tons), Japan (X tons), China (X tons), South Korea (X tons), Thailand (X tons), Hong Kong SAR (X tons) and Kazakhstan (X tons) represented the largest importers of snow-skis and other snow-ski equipment, ice-skates and roller-skates, together achieving 77% of total imports. The following importers - Singapore (X tons), Vietnam (X tons) and India (X tons) - each amounted to a 6.9% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +28.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest skis and its equipment and skates importing markets in Asia were Japan ($X), China ($X) and South Korea ($X), together comprising 43% of total imports. These countries were followed by Hong Kong SAR, the United Arab Emirates, Turkey, Kazakhstan, Saudi Arabia, Indonesia, Singapore, Vietnam, Thailand and India, which together accounted for a further 43%.

Thailand, with a CAGR of +19.5%, saw 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

The import price in Asia stood at $X per ton in 2021, with a decrease of -15% against the previous year. Overall, the import price showed a slight contraction. The pace of growth appeared the most rapid in 2018 when the import price increased by 51% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: 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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