Bulgaria: 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 Bulgaria

The Bulgarian market for snow-skis and other snow-ski equipment, ice-skates and roller-skates was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, production of snow-skis and other snow-ski equipment, ice-skates and roller-skates rose markedly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2018 with an increase of 22%. Production of peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

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

Exports from Bulgaria

In 2021, shipments abroad of snow-skis and other snow-ski equipment, ice-skates and roller-skates decreased by -1.9% to X tons, falling for the second consecutive year after three years of growth. Overall, exports recorded a slight curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 13%. Over the period under review, the exports of attained the peak figure at X tons in 2019; however, from 2020 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 rose significantly to $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 18% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Austria (X tons) was the main destination for exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from Bulgaria, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Austria totaled -1.5%.

In value terms, Austria ($X) also remains the key foreign market for snow-skis and other snow-ski equipment, ice-skates and roller-skates exports from Bulgaria.

From 2012 to 2021, the average annual growth rate of value to Austria was relatively modest.

Export Prices by Country

In 2021, the average export price for snow-skis and other snow-ski equipment, ice-skates and roller-skates amounted to $X per ton, with an increase of 8.4% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2013 an increase of 26% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Austria.

From 2012 to 2021, the rate of growth in terms of prices for Austria amounted to +1.3% per year.

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

Imports into Bulgaria

In 2021, supplies from abroad of snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by 22% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 119% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates soared to $X in 2021. Overall, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Austria (X tons) constituted the largest supplier of skis and its equipment and skates to Bulgaria, accounting for a 70% share of total imports. Moreover, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from Austria exceeded the figures recorded by the second-largest supplier, Romania (X tons), ninefold. China (X tons) ranked third in terms of total imports with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Austria stood at +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (-14.3% per year) and China (-9.6% per year).

In value terms, Austria ($X) constituted the largest supplier of snow-skis and other snow-ski equipment, ice-skates and roller-skates to Bulgaria, comprising 66% of total imports. The second position in the ranking was taken by France ($X), with a 7.1% share of total imports. It was followed by Romania, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value from Austria amounted to +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-4.6% per year) and Romania (-9.7% 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, picking up by 36% against the previous year. Over the last nine years, it increased at an average annual rate of +3.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Russia ($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 (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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