Central Asia: Skis Market 2024

Skis Market Size in Central Asia

The Central Asian skis market surged to $X in 2021, with an increase of 16% against the previous year. In general, consumption, however, recorded a abrupt descent. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Skis Production in Central Asia

In value terms, skis production expanded rapidly to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2017 when the production volume increased by 21% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Skis Exports

Exports in Central Asia

In 2021, the amount of skis for winter sports exported in Central Asia soared to X tons, picking up by 83% against the year before. Overall, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by 497% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, skis exports skyrocketed to $X in 2021. Over the period under review, exports saw a resilient expansion. The growth pace was the most rapid in 2019 with an increase of 499% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

In 2021, Kazakhstan (X kg) and Uzbekistan (X kg) represented the major exporter of skis for winter sports in Central Asia, creating 98% of total export.

From 2012 to 2021, the biggest increases were recorded for Uzbekistan (with a CAGR of +61.8%).

In value terms, Uzbekistan ($X) and Kazakhstan ($X) appeared to be the countries with the highest levels of exports in 2021.

Among the main exporting countries, Uzbekistan, with a CAGR of +47.3%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, rising by 82% against the previous year. Export price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export 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 exporting countries. In 2021, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (-2.1%).

Skis Imports

Imports in Central Asia

In 2021, the amount of skis for winter sports imported in Central Asia surged to X tons, increasing by 87% on the year before. Overall, imports, however, continue to indicate a abrupt shrinkage. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, skis imports soared to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Kazakhstan (X tons) represented the key importer of skis for winter sports, achieving 74% of total imports. It was distantly followed by Kyrgyzstan (X tons), creating a 19% share of total imports. Uzbekistan (X tons), Mongolia (X tons) and Turkmenistan (X tons) followed a long way behind the leaders.

Imports into Kazakhstan decreased at an average annual rate of -8.1% from 2012 to 2021. At the same time, Turkmenistan (+25.2%), Mongolia (+19.7%), Kyrgyzstan (+4.5%) and Uzbekistan (+3.5%) displayed positive paces of growth. Moreover, Turkmenistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +25.2% from 2012-2021. Kyrgyzstan (+12 p.p.), Uzbekistan (+2.1 p.p.) and Mongolia (+1.7 p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by -16.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported skis for winter sports in Central Asia, comprising 77% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 9.5% share of total imports. It was followed by Kyrgyzstan, with an 8.6% share.

In Kazakhstan, skis imports contracted by an average annual rate of -2.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Uzbekistan (+11.5% per year) and Kyrgyzstan (+2.1% per year).

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, waning by -13.5% against the previous year. Overall, the import price, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2017 an increase of 47% against the previous year. The level of import peaked at $X per ton in 2020, and then shrank in the following year.

Prices varied noticeably country of destination: the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkmenistan (+17.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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