Latin America and the Caribbean: 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 Latin America and the Caribbean

After three years of decline, the Latin American market for snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by 34% to $X in 2021. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates in Latin America and the Caribbean

In value terms, production of snow-skis and other snow-ski equipment, ice-skates and roller-skates contracted to $X in 2021 estimated in export price. The total production indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +38.8% against 2017 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by 31%. As a result, production reached the peak level of $X. From 2015 to 2021, production of growth remained at a lower figure.

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

Exports in Latin America and the Caribbean

In 2021, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates in Latin America and the Caribbean rose sharply to X tons, surging by 11% on 2020 figures. Over the period under review, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 18%. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates expanded to $X in 2021. In general, exports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2020 when exports increased by 19% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X tons) and Panama (X tons) prevails in roller-skates structure, together generating 78% of total exports. It was distantly followed by Colombia (X tons), generating a 4.7% share of total exports. Chile (X tons), Guatemala (X tons), Argentina (X tons) and Brazil (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +25.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Panama ($X), Mexico ($X) and Argentina ($X) were the countries with the highest levels of exports in 2021, with a combined 79% share of total exports. These countries were followed by Chile, Brazil, Colombia and Guatemala, which together accounted for a further 11%.

Among the main exporting countries, Colombia, with a CAGR of +19.0%, 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 export price in Latin America and the Caribbean amounted to $X per ton, shrinking by -5.8% against the previous year. Export price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine-year period. 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 39%. Over the period under review, the export prices hit record highs at $X per ton in 2020, and then dropped in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+6.9%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in Latin America and the Caribbean

In 2021, after three years of decline, there was significant growth in overseas purchases of snow-skis and other snow-ski equipment, ice-skates and roller-skates, when their volume increased by 78% to X tons. Over the period under review, imports, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2017 with an increase of 99% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates soared to $X in 2021. Overall, imports, however, continue to indicate a mild setback. The pace of growth was the most pronounced in 2017 with an increase of 86%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

The countries with the highest levels of imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates in 2021 were Brazil (X tons), Mexico (X tons) and Colombia (X tons), together amounting to 64% of total import. Argentina (X tons) took a 9.9% share (based on physical terms) of total imports, which put it in second place, followed by Peru (6.6%) and Chile (6.5%). Guatemala (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Guatemala (with a CAGR of +16.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported snow-skis and other snow-ski equipment, ice-skates and roller-skates in Latin America and the Caribbean, comprising 35% of total imports. The second position in the ranking was taken by Brazil ($X), with a 15% share of total imports. It was followed by Chile, with a 13% share.

From 2012 to 2021, the average annual growth rate of value in Mexico was relatively modest. In the other countries, the average annual rates were as follows: Brazil (+0.3% per year) and Chile (+2.5% per year).

Import Prices by Country

In 2021, the import price in Latin America and the Caribbean amounted to $X per ton, reducing by -7.5% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2018 an increase of 14%. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Chile ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+7.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :