Latin America and the Caribbean: Ski Footwear Market 2021

Ski Footwear Market Size in Latin America and the Caribbean

For the sixth year in a row, the Latin American ski footwear market recorded decline in sales value, which decreased by -X% to $X in 2020. Overall, consumption recorded a deep reduction. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. from 2013 to 2020, the growth of the market remained at a lower figure.

Ski Footwear Production in Latin America and the Caribbean

In value terms, ski footwear production contracted slightly to $X in 2020 estimated in export prices. In general, production recorded a abrupt decrease. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, production attained the peak level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Production By Country in Latin America and the Caribbean

Brazil (X pairs) remains the largest ski footwear producing country in Latin America and the Caribbean, accounting for X% of total volume. Moreover, ski footwear production in Brazil exceeded the figures recorded by the second-largest producer, Cuba (X pairs), sixfold. The third position in this ranking was occupied by Bolivia (X pairs), with a X% share.

In Brazil, ski footwear production plunged by an average annual rate of -X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Cuba (+X% per year) and Bolivia (-X% per year).

Ski Footwear Exports

Exports in Latin America and the Caribbean

After two years of growth, overseas shipments of ski-boots, snowboard boots and cross-country ski footwear decreased by -X% to X pairs in 2020. Over the period under review, exports showed a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The volume of export peaked at X pairs in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, ski footwear exports surged to $X in 2020. In general, exports saw a deep reduction. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Chile represented the key exporter of ski-boots, snowboard boots and cross-country ski footwear in Latin America and the Caribbean, with the volume of exports resulting at X pairs, which was approx. X% of total exports in 2020. It was distantly followed by the Dominican Republic (X pairs), Brazil (X pairs) and Panama (X pairs), together making up a X% share of total exports. The following exporters - Argentina (X pairs), Peru (X pairs) and Mexico (X pairs) - together made up X% of total exports.

From 2007 to 2020, the biggest increases were in Chile, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Dominican Republic ($X) remains the largest ski footwear supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Chile ($X), with a X% share of total exports. It was followed by Panama, with a X% share.

From 2007 to 2020, the average annual growth rate of value in the Dominican Republic amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (+X% per year) and Panama (-X% per year).

Export Prices by Country

In 2020, the ski footwear export price in Latin America and the Caribbean amounted to $X per pair, with an increase of X% against the previous year. Export price indicated a moderate increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, export price attained the peak level of $X per pair. from 2018 to 2020, the growth in terms of the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the Dominican Republic ($X per pair), while Chile ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Argentina, while the other leaders experienced more modest paces of growth.

Ski Footwear Imports

Imports in Latin America and the Caribbean

In 2020, supplies from abroad of ski-boots, snowboard boots and cross-country ski footwear increased by X% to X pairs for the first time since 2017, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. The volume of import peaked at X pairs in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, ski footwear imports stood at $X in 2020. Overall, imports, however, continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. The level of import peaked at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

The Dominican Republic was the key importing country with an import of around X pairs, which accounted for X% of total imports. It was distantly followed by Chile (X pairs), achieving a X% share of total imports. The following importers - Trinidad and Tobago (X pairs), Peru (X pairs), Panama (X pairs) and Argentina (X pairs) - together made up X% of total imports.

From 2007 to 2020, average annual rates of growth with regard to ski footwear imports into the Dominican Republic stood at -X%. At the same time, Peru (+X%), Panama (+X%) and Trinidad and Tobago (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. Chile experienced a relatively flat trend pattern. By contrast, Argentina (-X%) illustrated a downward trend over the same period. Chile (+X p.p.), Peru (+X p.p.), Trinidad and Tobago (+X p.p.) and Panama (+X p.p.) significantly strengthened its position in terms of the total imports, while the Dominican Republic and Argentina saw its share reduced by -X% and -X% from 2007 to 2020, respectively.

In value terms, the Dominican Republic ($X) constitutes the largest market for imported ski-boots, snowboard boots and cross-country ski footwear in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Chile ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

In the Dominican Republic, ski footwear imports declined by an average annual rate of -X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Chile (+X% per year) and Argentina (-X% per year).

Import Prices by Country

The ski footwear import price in Latin America and the Caribbean stood at $X per pair in 2020, therefore, remained relatively stable against the previous year. Import price indicated moderate growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, ski footwear import price increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2012 when the import price increased by X% against the previous year. The level of import peaked at $X per pair in 2017; however, from 2018 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Argentina ($X per pair), while Peru ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Argentina, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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