Morocco: Ski Footwear Market 2021

Ski Footwear Market Size in Morocco

In 2020, the Moroccan ski footwear market decreased by -X% to $X, falling for the third year in a row after three years of growth. Overall, consumption, however, continues to indicate a slight slump. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Ski footwear consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Ski Footwear Production in Morocco

In value terms, ski footwear production contracted to $X in 2020 estimated in export prices. In general, production showed a perceptible decline. The pace of growth was the most pronounced in 2011 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. from 2012 to 2020, production growth failed to regain the momentum.

Ski Footwear Exports

Exports from Morocco

In 2020, overseas shipments of ski-boots, snowboard boots and cross-country ski footwear increased by X% to X pairs, rising for the fifth year in a row after four years of decline. Overall, exports, however, faced a sharp decline. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X pairs in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, ski footwear exports fell to $X in 2020. In general, exports, however, continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Exports peaked at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

France (X pairs) was the main destination for ski footwear exports from Morocco, with a X% share of total exports. Moreover, ski footwear exports to France exceeded the volume sent to the second major destination, Finland (X pairs), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to France amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-X% per year) and Canada (-X% per year).

In value terms, France ($X) remains the key foreign market for ski footwear exports from Morocco, comprising X% of total exports. The second position in the ranking was occupied by Finland ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to France totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-X% per year) and Canada (-X% per year).

Export Prices by Country

In 2020, the average ski footwear export price amounted to $X per pair, shrinking by -X% against the previous year. Over the period under review, the export price showed a noticeable reduction. The pace of growth was the most pronounced in 2011 when the average export price increased by X% year-to-year. The export price peaked at $X per pair in 2017; however, from 2018 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per pair), while the average price for exports to Canada ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Finland, while the prices for the other major destinations experienced a decline.

Ski Footwear Imports

Imports into Morocco

In 2020, the amount of ski-boots, snowboard boots and cross-country ski footwear imported into Morocco fell to X pairs, which is down by -X% on 2019 figures. Over the period under review, imports saw a deep downturn. The growth pace was the most rapid in 2015 when imports increased by X% y-o-y. As a result, imports reached the peak of X pairs. from 2016 to 2020, the growth imports failed to regain the momentum.

In value terms, ski footwear imports reduced to $X in 2020. In general, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. from 2016 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

Myanmar (X pairs), Italy (X pairs) and China (X pairs) were the main suppliers of ski footwear imports to Morocco, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in Italy, while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Italy ($X) and Myanmar ($X) constituted the largest ski footwear suppliers to Morocco, with a combined X% share of total imports.

Italy saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average ski footwear import price stood at $X per pair in 2020, growing by X% against the previous year. Overall, import price indicated resilient growth 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. Based on 2020 figures, ski footwear import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The import price peaked in 2020 and is likely to see gradual growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per pair), while the price for Myanmar ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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