China: Ski Footwear Market 2021

Ski Footwear Market Size in China

In 2020, the Chinese ski footwear market increased by X% to $X, rising for the third year in a row after three years of decline. In general, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. from 2015 to 2020, the growth of the market remained at a lower figure.

Ski Footwear Production in China

In value terms, ski footwear production dropped slightly to $X in 2020 estimated in export prices. Over the period under review, production recorded a mild slump. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Ski footwear production peaked at $X in 2011; however, from 2012 to 2020, production stood at a somewhat lower figure.

Ski Footwear Exports

Exports from China

In 2020, shipments abroad of ski-boots, snowboard boots and cross-country ski footwear decreased by -X% to X pairs, falling for the second year in a row after two years of growth. In general, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at X pairs in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

In value terms, ski footwear exports reduced dramatically to $X in 2020. Over the period under review, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. As a result, exports reached the peak of $X. from 2012 to 2020, the growth exports remained at a lower figure.

Exports by Country

The U.S. (X pairs) was the main destination for ski footwear exports from China, 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, Canada (X pairs), threefold. The third position in this ranking was occupied by Germany (X pairs), with a X% share.

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

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

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

Export Prices by Country

The average ski footwear export price stood at $X per pair in 2020, declining by -X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% y-o-y. The export price peaked at $X per pair in 2015; however, from 2016 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Australia ($X per pair), while the average price for exports to Singapore ($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 a decline.

Ski Footwear Imports

Imports into China

In 2020, ski footwear imports into China contracted rapidly to X pairs, waning by -X% on the previous year's figure. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Imports peaked at X pairs in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, ski footwear imports dropped rapidly to $X in 2020. Overall, imports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2009 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

Imports by Country

The Czech Republic (X pairs), Cambodia (X pairs) and Slovenia (X pairs) were the main suppliers of ski footwear imports to China, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in Slovenia (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ski footwear suppliers to China were the Czech Republic ($X), Romania ($X) and Italy ($X), with a combined X% share of total imports. These countries were followed by Slovenia, Cambodia, Hungary and Vietnam, which together accounted for a further X (+X% per year) saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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. Over the period under review, the import price showed a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked in 2020 and is likely to continue growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Romania ($X per pair), while the price for Cambodia ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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