Eastern Asia: Ski Footwear Market 2021

Ski Footwear Market Size in Eastern Asia

In 2020, the East Asian ski footwear market increased by X% to $X, rising for the third year in a row after three years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. from 2015 to 2020, the growth of the market failed to regain the momentum.

Ski Footwear Production in Eastern Asia

In value terms, ski footwear production reached $X in 2020 estimated in export prices. In general, production showed a slight decrease. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2011; however, from 2012 to 2020, production stood at a somewhat lower figure.

Production By Country in Eastern Asia

The country with the largest volume of ski footwear production was China (X pairs), comprising approx. X% of total volume. It was followed by Taiwan (Chinese) (X pairs), with a X% share of total production.

From 2007 to 2020, the average annual growth rate of volume in China amounted to -X%.

Ski Footwear Exports

Exports in Eastern Asia

In 2020, shipments abroad of ski-boots, snowboard boots and cross-country ski footwear decreased by -X% to X pairs, falling for the second consecutive year after three years of growth. Overall, exports showed a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at X pairs in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, ski footwear exports contracted markedly to $X in 2020. In general, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2012 to 2020, the growth exports failed to regain the momentum.

Exports by Country

China represented the largest exporter of ski-boots, snowboard boots and cross-country ski footwear in Eastern Asia, with the volume of exports amounting to X pairs, which was approx. X% of total exports in 2020. It was distantly followed by Hong Kong SAR (X pairs), committing a X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to ski footwear exports from China stood at -X%. Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Hong Kong SAR (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of China (-X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest ski footwear supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total exports.

In China, ski footwear exports contracted by an average annual rate of -X% over the period from 2007-2020.

Export Prices by Country

In 2020, the ski footwear export price in Eastern Asia amounted to $X per pair, falling by -X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The level of export peaked at $X per pair in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Hong Kong SAR ($X per pair), while China totaled $X per pair.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR.

Ski Footwear Imports

Imports in Eastern Asia

In 2020, approx. X pairs of ski-boots, snowboard boots and cross-country ski footwear were imported in Eastern Asia; reducing by -X% on the year before. Over the period under review, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X pairs in 2011; however, from 2012 to 2020, imports remained at a lower figure.

In value terms, ski footwear imports declined dramatically to $X in 2020. In general, imports recorded a deep slump. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. The level of import peaked at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Hong Kong SAR (X pairs) and Japan (X pairs) represented roughly X% of total imports of ski-boots, snowboard boots and cross-country ski footwear in 2020. It was distantly followed by South Korea (X pairs) and China (X pairs), together mixing up a X% share of total imports.

From 2007 to 2020, the biggest increases were in China, while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Japan ($X), Hong Kong SAR ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2020, together comprising X% of total imports. These countries were followed by China, which accounted for a further X the main importing countries, China saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The ski footwear import price in Eastern Asia stood at $X per pair in 2020, rising by X% against the previous year. Over the period under review, the import price showed a buoyant expansion. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2020 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in South Korea ($X per pair) and Japan ($X per pair), while Hong Kong SAR ($X per pair) and China ($X per pair) were amongst the lowest.

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

Source: IndexBox Platform

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