Bangladesh: Skis Market 2025

Skis Market Size in Bangladesh

The Bangladeshi skis market soared to $X in 2021, surging by 16% against the previous year. Overall, consumption, however, showed a abrupt contraction. Skis consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Skis Production in Bangladesh

In value terms, skis production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of 26%. Skis production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Skis Exports

Exports from Bangladesh

In 2021, skis exports from Bangladesh surged to X tons, picking up by 27% compared with 2020 figures. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 335%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, skis exports skyrocketed to $X in 2021. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 212% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Slovakia (X kg) was the main destination for skis exports from Bangladesh, accounting for a 20% share of total exports. Moreover, skis exports to Slovakia exceeded the volume sent to the second major destination, Spain (X kg), threefold. Canada (X kg) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovakia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+61.8% per year) and Canada (+79.5% per year).

In value terms, the UK ($X), Slovakia ($X) and Switzerland ($X) were the largest markets for skis exported from Bangladesh worldwide, with a combined 53% share of total exports. These countries were followed by Canada, the Czech Republic, Chile, Germany and Spain, which together accounted for a further 19%.

Canada, with a CAGR of +121.0%, recorded the highest rates of growth with regard to 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 skis export price stood at $X per ton in 2021, growing by 18% against the previous year. Overall, the export price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the UK ($X per ton), while the average price for exports to Spain ($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 the UK (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Skis Imports

Imports into Bangladesh

In 2021, overseas purchases of skis for winter sports increased by 3.8% to X kg, rising for the fifth year in a row after two years of decline. In general, imports posted buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of 282% against the previous year. As a result, imports attained the peak of X kg. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, skis imports shrank remarkably to $X in 2021. Over the period under review, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 429%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the UK (X kg) was the main supplier of skis to Bangladesh, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the UK amounted to +18.2%.

In value terms, the UK ($X) constituted the largest supplier of skis for winter sports to Bangladesh.

From 2012 to 2021, the average annual growth rate of value from the UK amounted to +14.3%.

Import Prices by Country

In 2021, the average skis import price amounted to $X per ton, which is down by -32.5% against the previous year. Overall, the import price recorded a pronounced decrease. The growth pace was the most rapid in 2014 an increase of 39% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to -3.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :