India: Ski-Suit Market 2025

Ski-Suit Market Size in India

The Indian ski-suit market dropped modestly to $X in 2021, remaining stable against the previous year. The market value increased at an average annual rate of +1.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Ski-suit consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Ski-Suit Production in India

In value terms, ski-suit production declined modestly to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 35%. Ski-suit production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Ski-Suit Exports

Exports from India

In 2021, ski-suit exports from India surged to X units, picking up by 46% compared with 2020 figures. Overall, exports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2017 when exports increased by 47%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, ski-suit exports soared to $X in 2021. Over the period under review, exports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2019 with an increase of 28%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium (X units), the UK (X units) and Spain (X units) were the main destinations of ski-suit exports from India, together comprising 26% of total exports. Turkey, the United States, Malaysia, Nepal, Angola, Singapore, Chile, Serbia, the Netherlands and Portugal lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Serbia (with a CAGR of +81.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ski-suit exported from India were the UK ($X), the United States ($X) and Angola ($X), together accounting for 25% of total exports. Belgium, Turkey, Chile, Spain, Malaysia, the Netherlands, Singapore, Portugal, Nepal and Serbia lagged somewhat behind, together comprising a further 31%.

Serbia, with a CAGR of +52.0%, saw the highest growth rate of the value of exports, in terms of 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

In 2021, the average ski-suit export price amounted to $X per unit, shrinking by -13.2% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 22%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Angola ($X per unit), while the average price for exports to Nepal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ski-Suit Imports

Imports into India

After three years of growth, supplies from abroad of ski-suits (excluding of knitted or crocheted textiles) decreased by -80% to X units in 2021. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 327%. As a result, imports attained the peak of X units, and then contracted remarkably in the following year.

In value terms, ski-suit imports contracted significantly to $X in 2021. Over the period under review, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2019 when imports increased by 386% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Bangladesh (X units), China (X units) and Cambodia (X units) were the main suppliers of ski-suit imports to India, together accounting for 56% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bangladesh (with a CAGR of +62.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of ski-suits (excluding of knitted or crocheted textiles) to India, comprising 27% of total imports. The second position in the ranking was held by Pakistan ($X), with a 9.4% share of total imports. It was followed by Cambodia, with a 5.8% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (-5.7% per year) and Cambodia (0.0% per year).

Import Prices by Country

The average ski-suit import price stood at $X per unit in 2021, picking up by 33% against the previous year. Overall, the import price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 44% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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