Italy: Ski-Suit Market 2024

Ski-Suit Market Size in Italy

In 2021, after five years of decline, there was growth in the Italian ski-suit market, when its value increased by 0.7% to $X. Over the period under review, consumption, however, saw a deep contraction. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Ski-Suit Production in Italy

In value terms, ski-suit production skyrocketed to $X in 2021 estimated in export price. In general, production, however, continues to indicate a pronounced reduction. The growth pace was the most rapid in 2018 with an increase of 334%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Ski-Suit Exports

Exports from Italy

In 2021, overseas shipments of ski-suits (excluding of knitted or crocheted textiles) increased by 40% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, showed a abrupt downturn. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, ski-suit exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a pronounced reduction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Switzerland (X units), France (X units) and Austria (X units) were the main destinations of ski-suit exports from Italy, together comprising 50% of total exports. Albania, Romania, Russia, the UK, Germany, Angola, Spain, the United Arab Emirates, the United States and New Zealand lagged somewhat behind, together comprising a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Angola (with a CAGR of +149.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ski-suit exported from Italy were France ($X), Switzerland ($X) and Russia ($X), together comprising 57% of total exports. These countries were followed by Austria, Germany, the United States, the UK, Romania, Albania, Angola, Spain, the United Arab Emirates and New Zealand, which together accounted for a further 28%.

Among the main countries of destination, Angola, with a CAGR of +314.1%, 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 ski-suit export price amounted to $X per unit, increasing by 14% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +6.7% 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 export price increased by +84.2% against 2017 indices. The growth pace was the most rapid in 2019 an increase of 53%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Albania ($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 Angola (+66.1%), while the prices for the other major destinations experienced more modest paces of growth.

Ski-Suit Imports

Imports into Italy

In 2021, purchases abroad of ski-suits (excluding of knitted or crocheted textiles) decreased by -61.5% to X units, falling for the fourth consecutive year after two years of growth. In general, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2017 when imports increased by 36% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, ski-suit imports contracted significantly to $X in 2021. Overall, imports faced a abrupt decrease. The pace of growth was the most pronounced in 2013 when imports increased by 20% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Germany (X units) and Belgium (X units) were the main suppliers of ski-suit imports to Italy, together accounting for 62% of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +56.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ski-suit suppliers to Italy were Germany ($X), China ($X) and Belgium ($X), together accounting for 54% of total imports.

Among the main suppliers, Belgium, with a CAGR of +39.9%, saw 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

The average ski-suit import price stood at $X per unit in 2021, surging by 40% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +5.0% 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 +159.7% against 2017 indices. The pace of growth appeared the most rapid in 2018 an increase of 49%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Vietnam ($X per unit), while the price for Pakistan ($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 (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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