France: Water-Skis And Surfboards Market 2024

Water-Skis And Surfboards Market Size in France

The French water-skis and surfboards market expanded markedly to $X in 2022, growing by 6.3% against the previous year. Overall, consumption continues to indicate buoyant growth. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Water-Skis And Surfboards Production in France

In value terms, water-skis and surfboards production fell modestly to $X in 2022 estimated in export price. Overall, production showed a pronounced curtailment. The most prominent rate of growth was recorded in 2013 when the production volume increased by 16% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Water-Skis And Surfboards Exports

Exports from France

In 2022, the amount of water-skis, surfboards and sailboards exported from France contracted to X units, with a decrease of -12.8% against the previous year. In general, total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.2% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 50%. The exports peaked at X units in 2021, and then dropped in the following year.

In value terms, water-skis and surfboards exports shrank slightly to $X in 2022. Over the period under review, total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year. As a result, the exports attained the peak of $X, and then dropped modestly in the following year.

Exports by Country

Spain (X units), Germany (X units) and Italy (X units) were the main destinations of water-skis and surfboards exports from France, with a combined 47% share of total exports. Poland, the United States, the UK, Belgium, the Netherlands, Portugal, Romania, Switzerland and Hungary lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +42.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for water-skis and surfboards exported from France were Spain ($X), Germany ($X) and Italy ($X), with a combined 43% share of total exports. The UK, the United States, Poland, the Netherlands, Belgium, Switzerland, Portugal, Romania and Hungary lagged somewhat behind, together comprising a further 34%.

Romania, with a CAGR of +38.8%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average water-skis and surfboards export price stood at $X per unit in 2022, rising by 9.6% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 41% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Water-Skis And Surfboards Imports

Imports into France

Water-skis and surfboards imports into France reduced modestly to X units in 2022, remaining relatively unchanged against 2021 figures. Over the period under review, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2021 when imports increased by 51%. As a result, imports attained the peak of X units, and then fell in the following year.

In value terms, water-skis and surfboards imports declined to $X in 2022. Overall, imports, however, posted a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 57% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, China (X units) constituted the largest water-skis and surfboards supplier to France, with a 52% share of total imports. Moreover, water-skis and surfboards imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X units), fourfold. The third position in this ranking was taken by Italy (X units), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+27.9% per year) and Italy (+3.2% per year).

In value terms, China ($X) constituted the largest supplier of water-skis, surfboards and sailboards to France, comprising 47% of total imports. The second position in the ranking was taken by Spain ($X), with a 10% share of total imports. It was followed by Belgium, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+17.4% per year) and Belgium (+34.1% per year).

Import Prices by Country

The average water-skis and surfboards import price stood at $X per unit in 2022, approximately equating the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 24%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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