China: Market for Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates 2024

Market Size for Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates in China

The Chinese market for snow-skis and other snow-ski equipment, ice-skates and roller-skates reduced notably to $X in 2021, waning by -48.7% against the previous year. In general, consumption recorded a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Production of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates in China

In value terms, production of snow-skis and other snow-ski equipment, ice-skates and roller-skates dropped slightly to $X in 2021 estimated in export price. Overall, production continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by 3.4%. Production of peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates

Exports from China

In 2021, shipments abroad of snow-skis and other snow-ski equipment, ice-skates and roller-skates was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Overall, total exports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates surged to $X in 2021. In general, total exports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +95.7% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from China, with a 26% share of total exports. Moreover, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates to the United States exceeded the volume sent to the second major destination, Germany (X tons), fourfold. Russia (X tons) ranked third in terms of total exports with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+0.2% per year) and Russia (-2.7% per year).

In value terms, the United States ($X) remains the key foreign market for snow-skis and other snow-ski equipment, ice-skates and roller-skates exports from China, comprising 26% of total exports. The second position in the ranking was held by Germany ($X), with an 8.8% share of total exports. It was followed by Canada, with a 7% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.8% per year) and Canada (+7.0% per year).

Export Prices by Country

The average export price for snow-skis and other snow-ski equipment, ice-skates and roller-skates stood at $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the export price, however, recorded a moderate expansion. The most prominent rate of growth was recorded in 2014 an increase of 56%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Indonesia ($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 UK (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates

Imports into China

In 2021, supplies from abroad of snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by 73% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports of reached the maximum at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates soared to $X in 2021. In general, imports recorded buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Taiwan (Chinese) (X tons), Austria (X tons) and Thailand (X tons) were the main suppliers of imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates to China, with a combined 58% share of total imports. The Czech Republic, Vietnam, Romania, Italy, Japan, the United Arab Emirates, Slovenia, France, the United States and Bulgaria lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +73.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Taiwan (Chinese) ($X) and Thailand ($X) constituted the largest skis and its equipment and skates suppliers to China, together accounting for 44% of total imports. Japan, the Czech Republic, Italy, France, Vietnam, Slovenia, the United Arab Emirates, Romania, the United States and Bulgaria lagged somewhat behind, together accounting for a further 36%.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +57.6%, recorded the highest rates of growth with regard to 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 import price for snow-skis and other snow-ski equipment, ice-skates and roller-skates stood at $X per ton in 2021, increasing by 7.6% against the previous year. Over the period under review, the import price posted a buoyant increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 20%. The import price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+31.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :