Malaysia: 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 Malaysia

The Malaysian market for snow-skis and other snow-ski equipment, ice-skates and roller-skates amounted to $X in 2021, almost unchanged from the previous year. Over the period under review, consumption, however, continues to indicate a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates in Malaysia

In value terms, production of snow-skis and other snow-ski equipment, ice-skates and roller-skates declined modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 28% against the previous year. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

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

Exports from Malaysia

In 2021, the amount of snow-skis and other snow-ski equipment, ice-skates and roller-skates exported from Malaysia skyrocketed to X tons, growing by 38% compared with 2020 figures. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 1,138%. Over the period under review, the exports of reached the peak figure at X tons in 2019; however, from 2020 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 soared to $X in 2021. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2017 when exports increased by 1,388% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Vietnam (X tons) and Sweden (X tons) were the main destinations of exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from Malaysia, together comprising 51% of total exports. The Philippines, Singapore, Indonesia and Switzerland lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +126.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for skis and its equipment and skates exported from Malaysia were Vietnam ($X), Sweden ($X) and the United States ($X), with a combined 61% share of total exports. The Philippines, Switzerland, Singapore and Indonesia lagged somewhat behind, together accounting for a further 23%.

In terms of the main countries of destination, Switzerland, with a CAGR of +225.6%, 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

The average export price for snow-skis and other snow-ski equipment, ice-skates and roller-skates stood at $X per ton in 2021, falling by -12.1% against the previous year. Overall, the export price saw a pronounced setback. The growth pace was the most rapid in 2015 an increase of 53% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the United States ($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 Indonesia (+4.6%), 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 Malaysia

In 2021, the amount of snow-skis and other snow-ski equipment, ice-skates and roller-skates imported into Malaysia soared to X tons, jumping by 119% on the previous year. Over the period under review, imports posted a temperate increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates soared to $X in 2021. In general, imports saw a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest skis and its equipment and skates supplier to Malaysia, accounting for a 86% share of total imports. Moreover, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), more than tenfold. The United States (X tons) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+10.6% per year) and the United States (-11.2% per year).

In value terms, China ($X) constituted the largest supplier of snow-skis and other snow-ski equipment, ice-skates and roller-skates to Malaysia, comprising 82% of total imports. The second position in the ranking was held by the United States ($X), with a 4.9% share of total imports. It was followed by Taiwan (Chinese), with a 1.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +18.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.8% per year) and Taiwan (Chinese) (+4.0% per year).

Import Prices by Country

The average import price for snow-skis and other snow-ski equipment, ice-skates and roller-skates stood at $X per ton in 2021, with an increase of 4.3% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by +8.5% against 2017 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 40%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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