Canada: Ski-Suit Market 2025

Ski-Suit Market Size in Canada

In 2021, the Canadian ski-suit market decreased by -9.7% to $X, falling for the sixth year in a row after two years of growth. In general, consumption saw a deep reduction. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Ski-Suit Production in Canada

In value terms, ski-suit production reduced rapidly to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 319%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Ski-Suit Exports

Exports from Canada

In 2021, overseas shipments of ski-suits (excluding of knitted or crocheted textiles) increased by 148% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 603% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, ski-suit exports skyrocketed to $X in 2021. In general, exports recorded buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of 434% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for ski-suit exports from Canada, accounting for a 91% share of total exports. Moreover, ski-suit exports to the United States exceeded the volume sent to the second major destination, the UK (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+0.0% per year) and Germany (-83.5% per year).

In value terms, the United States ($X) remains the key foreign market for ski-suits (excluding of knitted or crocheted textiles) exports from Canada, comprising 86% of total exports. The second position in the ranking was taken by the UK ($X), with a 5.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +19.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-15.0% per year) and Germany (-82.7% per year).

Export Prices by Country

In 2021, the average ski-suit export price amounted to $X per unit, declining by -6.3% against the previous year. Over the period under review, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2019 an increase of 101%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.

Ski-Suit Imports

Imports into Canada

After two years of decline, purchases abroad of ski-suits (excluding of knitted or crocheted textiles) increased by 37% to X units in 2021. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 146% against the previous year. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, ski-suit imports soared to $X in 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 133% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest ski-suit supplier to Canada, accounting for a 85% share of total imports. Moreover, ski-suit imports from China exceeded the figures recorded by the second-largest supplier, Bangladesh (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+7.9% per year) and Vietnam (-15.1% per year).

In value terms, China ($X) constituted the largest supplier of ski-suits (excluding of knitted or crocheted textiles) to Canada, comprising 63% of total imports. The second position in the ranking was held by Vietnam ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-4.3% per year) and Bangladesh (+10.9% per year).

Import Prices by Country

The average ski-suit import price stood at $X per unit in 2021, approximately mirroring the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2016 an increase of 43%. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Vietnam ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :