Luxembourg: 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 Luxembourg

The Luxembourg market for snow-skis and other snow-ski equipment, ice-skates and roller-skates expanded modestly to $X in 2021, picking up by 1.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a drastic downturn. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

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

Exports from Luxembourg

In 2021, overseas shipments of snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by 1,229% to X kg for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a dramatic curtailment. Over the period under review, the exports of reached the peak figure at X tons in 2017; however, from 2018 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 surged to $X in 2021. In general, exports, however, continue to indicate a abrupt decrease. Over the period under review, the exports of hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X kg) was the main destination for exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from Luxembourg, accounting for a 57% share of total exports. Moreover, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates to Belgium exceeded the volume sent to the second major destination, France (X kg), threefold. The third position in this ranking was taken by the Netherlands (X kg), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium amounted to -22.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-19.4% per year) and the Netherlands (-35.1% per year).

In value terms, Belgium ($X) emerged as the key foreign market for snow-skis and other snow-ski equipment, ice-skates and roller-skates exports from Luxembourg, comprising 80% of total exports. The second position in the ranking was held by France ($X), with a 5.4% share of total exports. It was followed by China, with a 5% share.

From 2012 to 2021, the average annual growth rate of value to Belgium amounted to -7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-18.3% per year) and China (0.0% per year).

Export Prices by Country

In 2021, the average export price for snow-skis and other snow-ski equipment, ice-skates and roller-skates amounted to $X per ton, growing by 513% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Luxembourg

In 2021, purchases abroad of snow-skis and other snow-ski equipment, ice-skates and roller-skates was finally on the rise to reach X tons after three years of decline. Overall, imports, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of 40%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates totaled $X in 2021. Over the period under review, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 29% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Belgium (X tons) and France (X tons) were the main suppliers of imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates to Luxembourg, with a combined 82% share of total imports. These countries were followed by the Netherlands, Poland, Austria, Italy, China and Australia, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +67.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and France ($X) were the largest skis and its equipment and skates suppliers to Luxembourg, with a combined 84% share of total imports. Austria, the Netherlands, Poland, Italy, China and Australia lagged somewhat behind, together accounting for a further 12%.

Among the main suppliers, Poland, with a CAGR of +60.6%, recorded 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

In 2021, the average import price for snow-skis and other snow-ski equipment, ice-skates and roller-skates amounted to $X per ton, dropping by -8.7% against the previous year. Overall, the import price showed a noticeable shrinkage. The growth pace was the most rapid in 2016 when the average import price increased by 39% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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