Denmark: 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 Denmark

In 2021, the Danish market for snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by 30% to $X, rising for the second consecutive year after three years of decline. Overall, the total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +97.4% against 2019 indices. Consumption of peaked in 2021 and is expected to retain growth in the immediate term.

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

In value terms, production of snow-skis and other snow-ski equipment, ice-skates and roller-skates amounted to $X in 2021 estimated in export price. In general, production showed a deep contraction. The pace of growth was the most pronounced in 2018 when the production volume decreased by -3.3%. Production of peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

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

Exports from Denmark

In 2021, shipments abroad of snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by 52% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2016 with an increase of 83% against the previous year. Over the period under review, the exports of attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates skyrocketed to $X in 2021. Overall, exports recorded significant growth. The growth pace was the most rapid in 2016 when exports increased by 91% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X tons), Norway (X tons) and the Netherlands (X tons) were the main destinations of exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from Denmark, together comprising 47% of total exports. Sweden, France, Belgium, Ireland, the UK, Italy, Finland, Austria, Spain and Switzerland lagged somewhat behind, together accounting for a further 45%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +211.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Norway ($X) and the Netherlands ($X) appeared to be the largest markets for skis and its equipment and skates exported from Denmark worldwide, with a combined 48% share of total exports. These countries were followed by Sweden, France, the UK, Belgium, Finland, Ireland, Switzerland, Austria, Italy and Spain, which together accounted for a further 43%.

Among the main countries of destination, Belgium, with a CAGR of +170.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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, with an increase of 8.6% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by +90.5% against 2012 indices. The most prominent rate of growth was recorded in 2015 an increase of 15% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

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 Switzerland ($X per ton), while the average price for exports to Belgium ($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 Germany (+13.6%), 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 Denmark

In 2021, supplies from abroad of snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by 33% to X tons, rising for the third year in a row after two years of decline. In general, imports showed a prominent expansion. The pace of growth was the most pronounced in 2020 when imports increased by 64%. Over the period under review, imports of reached the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates surged to $X in 2021. Over the period under review, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest skis and its equipment and skates supplier to Denmark, accounting for a 41% share of total imports. Moreover, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by Italy (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+15.4% per year) and Italy (+34.5% per year).

In value terms, the largest skis and its equipment and skates suppliers to Denmark were China ($X), Germany ($X) and Italy ($X), together comprising 64% of total imports. The Netherlands, Austria, France, the Czech Republic, Sweden, Belgium and the UK lagged somewhat behind, together comprising a further 27%.

The Czech Republic, with a CAGR of +111.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for snow-skis and other snow-ski equipment, ice-skates and roller-skates amounted to $X per ton, with an increase of 13% against the previous year. Over the period under review, the import price, however, recorded a mild decline. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :