Eastern Asia: Ski-Suit Market 2025

Ski-Suit Market Size in Eastern Asia

In 2021, the East Asian ski-suit market was finally on the rise to reach $X after five years of decline. Over the period under review, consumption recorded a noticeable contraction. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Ski-Suit Production in Eastern Asia

In value terms, ski-suit production totaled $X in 2021 estimated in export price. Over the period under review, production, however, saw a slight shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 56%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Ski-Suit Exports

Exports in Eastern Asia

After two years of decline, shipments abroad of ski-suits (excluding of knitted or crocheted textiles) increased by 26% to X units in 2021. Overall, exports, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2017 with an increase of 36% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, ski-suit exports skyrocketed to $X in 2021. In general, exports, however, recorded a noticeable decrease. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China prevails in exports structure, amounting to X units, which was near 97% of total exports in 2021. Democratic People's Republic of Korea (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the ski-suits (excluding of knitted or crocheted textiles) exports, with a CAGR of -2.5% from 2012 to 2021. Democratic People's Republic of Korea (-7.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China increased by +2 percentage points.

In value terms, China ($X) remains the largest ski-suit supplier in Eastern Asia, comprising 95% of total exports. The second position in the ranking was taken by Democratic People's Republic of Korea ($X), with a 4.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at -3.5%.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per unit, picking up by 7.4% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 31%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Democratic People's Republic of Korea ($X per unit), while China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Democratic People's Republic of Korea (+5.3%).

Ski-Suit Imports

Imports in Eastern Asia

In 2021, supplies from abroad of ski-suits (excluding of knitted or crocheted textiles) was finally on the rise to reach X units after three years of decline. In general, imports, however, saw a deep contraction. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, ski-suit imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a abrupt slump. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Japan was the major importer of ski-suits (excluding of knitted or crocheted textiles) in Eastern Asia, with the volume of imports accounting for X units, which was near 71% of total imports in 2021. South Korea (X units) held the second position in the ranking, distantly followed by Hong Kong SAR (X units) and China (X units). All these countries together held approx. 25% share of total imports. Taiwan (Chinese) (X units) took a minor share of total imports.

Imports into Japan decreased at an average annual rate of -16.8% from 2012 to 2021. At the same time, Taiwan (Chinese) (+17.7%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +17.7% from 2012-2021. By contrast, Hong Kong SAR (-10.9%), South Korea (-16.8%) and China (-30.0%) illustrated a downward trend over the same period. Japan (+7.3 p.p.), Taiwan (Chinese) (+3.3 p.p.), Hong Kong SAR (+2.7 p.p.) and South Korea (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while China saw its share reduced by -14.8% from 2012 to 2021, respectively.

In value terms, Japan ($X) constitutes the largest market for imported ski-suits (excluding of knitted or crocheted textiles) in Eastern Asia, comprising 63% of total imports. The second position in the ranking was taken by South Korea ($X), with a 16% share of total imports. It was followed by China, with a 15% share.

In Japan, ski-suit imports contracted by an average annual rate of -15.7% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (-11.5% per year) and China (-15.0% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2021, surging by 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.9%. The pace of growth appeared the most rapid in 2018 an increase of 17% against the previous year. Over the period under review, import prices attained the maximum in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+21.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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