Canada: Ski Footwear Market 2021

Ski Footwear Market Size in Canada

The Canadian ski footwear market shrank remarkably to $X in 2020, which is down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a noticeable reduction. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2015 to 2020, the growth of the market failed to regain the momentum.

Ski Footwear Exports

Exports from Canada

In 2020, after two years of growth, there was significant decline in shipments abroad of ski-boots, snowboard boots and cross-country ski footwear, when their volume decreased by -X% to X pairs. Overall, exports showed a abrupt contraction. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. As a result, exports attained the peak of X pairs. from 2011 to 2020, the growth exports failed to regain the momentum.

In value terms, ski footwear exports fell notably to $X in 2020. Over the period under review, exports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2019, and then shrank sharply in the following year.

Exports by Country

The U.S. (X pairs) was the main destination for ski footwear exports from Canada, accounting for a X% share of total exports. Moreover, ski footwear exports to the U.S. exceeded the volume sent to the second major destination, Germany (X pairs), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to the U.S. amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Austria (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for ski footwear exports from Canada, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Austria (+X% per year).

Export Prices by Country

In 2020, the average ski footwear export price amounted to $X per pair, leveling off at the previous year. Overall, the export price recorded a strong increase. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. Over the period under review, average export prices reached the peak figure at $X per pair in 2016; however, from 2017 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per pair), while the average price for exports to Germany ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced mixed trend patterns.

Ski Footwear Imports

Imports into Canada

In 2020, imports of ski-boots, snowboard boots and cross-country ski footwear into Canada fell remarkably to X pairs, declining by -X% on 2019 figures. Overall, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Imports peaked at X pairs in 2008; however, from 2009 to 2020, imports remained at a lower figure.

In value terms, ski footwear imports contracted to $X in 2020. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019, and then shrank in the following year.

Imports by Country

In 2020, China (X pairs) constituted the largest supplier of ski footwear to Canada, with a X% share of total imports. Moreover, ski footwear imports from China exceeded the figures recorded by the second-largest supplier, Romania (X pairs), twofold. The third position in this ranking was occupied by Italy (X pairs), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+X% per year) and Italy (-X% per year).

In value terms, the largest ski footwear suppliers to Canada were Romania ($X), China ($X) and Italy ($X), together accounting for X% of total imports. Hungary, Moldova, the Czech Republic and Cambodia lagged somewhat behind, together comprising a further X terms of the main suppliers, Hungary (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ski footwear import price stood at $X per pair in 2020, rising by X% against the previous year. Overall, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the maximum at $X per pair in 2015; however, from 2016 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per pair), while the price for Cambodia ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :