Indonesia: Ski-Suit Market 2024

Ski-Suit Market Size in Indonesia

In 2021, after five years of decline, there was significant growth in the Indonesian ski-suit market, when its value increased by 8.7% to $X. Overall, consumption, however, saw a perceptible decline. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Ski-Suit Production in Indonesia

In value terms, ski-suit production totaled $X in 2021 estimated in export price. In general, production, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2015 with an increase of 178% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Ski-Suit Exports

Exports from Indonesia

For the third consecutive year, Indonesia recorded growth in shipments abroad of ski-suits (excluding of knitted or crocheted textiles), which increased by 85% to X units in 2021. In general, exports, however, showed a noticeable shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 189%. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, ski-suit exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2017 when exports increased by 315%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X units), China (X units) and Sweden (X units) were the main destinations of ski-suit exports from Indonesia, with a combined 35% share of total exports. Mexico, the United States, Bulgaria, South Korea, Brazil, Portugal, Ukraine, Austria, Singapore and Italy lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +59.3%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), the UK ($X) and Singapore ($X) constituted the largest markets for ski-suit exported from Indonesia worldwide, with a combined 30% share of total exports. These countries were followed by the United States, Mexico, Brazil, Ukraine, Bulgaria, South Korea, Italy, Sweden, Austria and Portugal, which together accounted for a further 37%.

In terms of the main countries of destination, Mexico, with a CAGR of +66.5%, saw 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 ski-suit export price amounted to $X per unit, surging by 9.1% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 43%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per unit), while the average price for exports to Portugal ($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 China (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ski-Suit Imports

Imports into Indonesia

In 2021, ski-suit imports into Indonesia reduced sharply to X units, with a decrease of -75.4% compared with 2020 figures. Over the period under review, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2018 with an increase of 226%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, ski-suit imports fell rapidly to $X in 2021. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 141%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, France (X units) constituted the largest ski-suit supplier to Indonesia, with a 39% share of total imports. Moreover, ski-suit imports from France exceeded the figures recorded by the second-largest supplier, India (X units), sixfold. The United States (X units) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2021, the average annual growth rate of volume from France stood at +29.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-2.0% per year) and the United States (-32.8% per year).

In value terms, France ($X) constituted the largest supplier of ski-suits (excluding of knitted or crocheted textiles) to Indonesia, comprising 39% of total imports. The second position in the ranking was held by India ($X), with a 7.4% share of total imports. It was followed by the United States, with a 5% share.

From 2012 to 2021, the average annual growth rate of value from France amounted to +45.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+19.8% per year) and the United States (-15.3% per year).

Import Prices by Country

In 2021, the average ski-suit import price amounted to $X per unit, flattening at the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ski-suit import price increased by +47.3% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of 45% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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