China: Skis Market 2024

Skis Market Size in China

The Chinese skis market surged to $X in 2021, increasing by 16% against the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Skis Production in China

In value terms, skis production skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Skis production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Skis Exports

Exports from China

In 2021, the amount of skis for winter sports exported from China surged to X tons, rising by 87% on the previous year's figure. In general, exports showed a modest increase. The growth pace was the most rapid in 2020 when exports increased by 178%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the near future.

In value terms, skis exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a drastic downturn. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Canada (X tons) and Japan (X tons) were the main destinations of skis exports from China, with a combined 89% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +22.6%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for skis exported from China were the United States ($X), Canada ($X) and Japan ($X), with a combined 92% share of total exports.

Canada, with a CAGR of +12.1%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average skis export price amounted to $X per ton, waning by -18.1% against the previous year. Overall, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 11% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Russia ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-2.5%), while the prices for the other major destinations experienced a decline.

Skis Imports

Imports into China

In 2021, approx. X tons of skis for winter sports were imported into China; with an increase of 94% compared with 2020 figures. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 110% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, skis imports surged to $X in 2021. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 105%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Austria (X tons), the Czech Republic (X tons) and Slovenia (X tons) were the main suppliers of skis imports to China, with a combined 60% share of total imports. Bulgaria, the United Arab Emirates, France, Taiwan (Chinese) and Germany lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +61.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) constituted the largest supplier of skis for winter sports to China, comprising 29% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 14% share of total imports. It was followed by the United Arab Emirates, with an 8.1% share.

From 2012 to 2021, the average annual growth rate of value from Austria stood at +21.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+23.6% per year) and the United Arab Emirates (+56.9% per year).

Import Prices by Country

The average skis import price stood at $X per ton in 2021, growing by 1.6% against the previous year. Over the last nine years, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2015 when the average import price increased by 11% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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