Myanmar: Ski Footwear Market 2021

Ski Footwear Market Size in Myanmar

The Myanmar's ski footwear market reduced to $X in 2020, which is down by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2009 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2020, consumption remained at a lower figure.

Ski Footwear Production in Myanmar

In value terms, ski footwear production dropped remarkably to $X in 2020 estimated in export prices. In general, production, however, enjoyed a measured expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Ski footwear production peaked at $X in 2019, and then shrank markedly in the following year.

Ski Footwear Exports

Exports from Myanmar

After four 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, however, showed significant growth. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X pairs in 2019, and then dropped rapidly in the following year.

In value terms, ski footwear exports shrank to $X in 2020. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2019, and then declined in the following year.

Exports by Country

Germany (X pairs) was the main destination for ski footwear exports from Myanmar, with a X% share of total exports. Moreover, ski footwear exports to Germany exceeded the volume sent to the second major destination, Italy (X pairs), eightfold. The Netherlands (X pairs) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and the Netherlands (+X% per year).

In value terms, Germany ($X) remains the key foreign market for ski footwear exports from Myanmar, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Japan (+X% per year).

Export Prices by Country

In 2020, the average ski footwear export price amounted to $X per pair, with an increase of X% against the previous year. In general, the export price posted slight growth. The export price peaked at $X per pair in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Japan ($X per pair), while the average price for exports to Italy ($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 Italy, while the prices for the other major destinations experienced more modest paces of growth.

Ski Footwear Imports

Imports into Myanmar

In 2020, purchases abroad of ski-boots, snowboard boots and cross-country ski footwear decreased by -X% to X pairs, falling for the fifth consecutive year after two years of growth. Over the period under review, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at X pairs in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, ski footwear imports dropped remarkably to $X in 2020. Overall, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, India (X pairs) constituted the largest ski footwear supplier to Myanmar, with a X% share of total imports. Moreover, ski footwear imports from India exceeded the figures recorded by the second-largest supplier, Vietnam (X pairs), twofold.

From 2007 to 2020, the average annual rate of growth in terms of volume from India totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and China (-X% per year).

In value terms, India ($X) constituted the largest supplier of ski footwear to Myanmar, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from India stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Vietnam (-X% per year).

Import Prices by Country

In 2020, the average ski footwear import price amounted to $X per pair, increasing by X% against the previous year. Over the period under review, the import price recorded a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was India ($X per pair), while the price for Vietnam ($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 mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :