Hungary: 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 Hungary

The Hungarian market for snow-skis and other snow-ski equipment, ice-skates and roller-skates reduced to $X in 2021, falling by -9% against the previous year. Over the period under review, consumption continues to indicate a deep contraction. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

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

In value terms, production of snow-skis and other snow-ski equipment, ice-skates and roller-skates rose significantly to $X in 2021 estimated in export price. Over the period under review, production, however, faced a dramatic setback. Production of peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

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

Exports from Hungary

In 2021, overseas shipments of snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by 78% to X tons for the first time since 2014, thus ending a six-year declining trend. Overall, exports, however, recorded a deep contraction. Over the period under review, the exports of reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates surged to $X in 2021. In general, exports, however, continue to indicate a abrupt decrease. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tons), Germany (X tons) and Serbia (X tons) were the main destinations of exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from Hungary, together accounting for 81% of total exports. These countries were followed by Austria, Croatia, Italy, Turkey and Romania, which together accounted for a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +115.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for skis and its equipment and skates exported from Hungary were Germany ($X), Slovakia ($X) and Serbia ($X), with a combined 87% share of total exports. These countries were followed by Austria, Croatia, Turkey, Italy and Romania, which together accounted for a further 12%.

In terms of the main countries of destination, Croatia, with a CAGR of +110.3%, recorded 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

In 2021, the average export price for snow-skis and other snow-ski equipment, ice-skates and roller-skates amounted to $X per ton, surging by 7.3% against the previous year. Over the period under review, the export price enjoyed a temperate expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 136%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Italy ($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 Turkey (+16.4%), 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 Hungary

In 2021, approx. X tons of snow-skis and other snow-ski equipment, ice-skates and roller-skates were imported into Hungary; falling by -12.2% against the previous year's figure. Over the period under review, imports recorded a pronounced contraction. The growth pace was the most rapid in 2013 with an increase of 39% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates fell to $X in 2021. Overall, imports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by 33% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

France (X tons), Spain (X tons) and the Czech Republic (X tons) were the main suppliers of imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates to Hungary, together comprising 72% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +173.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Czech Republic ($X) and Spain ($X) appeared to be the largest skis and its equipment and skates suppliers to Hungary, with a combined 69% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of +132.8%, 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

In 2021, the average import price for snow-skis and other snow-ski equipment, ice-skates and roller-skates amounted to $X per ton, increasing by 4.8% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for snow-skis and other snow-ski equipment, ice-skates and roller-skates decreased by -16.1% against 2018 indices. The growth pace was the most rapid in 2018 an increase of 71%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

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 Sweden ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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