Myanmar: 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 Myanmar

The Myanmar's market for snow-skis and other snow-ski equipment, ice-skates and roller-skates shrank to $X in 2021, approximately equating the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 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 Myanmar

In value terms, production of snow-skis and other snow-ski equipment, ice-skates and roller-skates stood at $X in 2021 estimated in export price. Over the period under review, production, however, showed a mild increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 36%. As a result, production attained the peak level of $X. From 2015 to 2021, production of growth failed to regain momentum.

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

Exports from Myanmar

In 2021, approx. X tons of snow-skis and other snow-ski equipment, ice-skates and roller-skates were exported from Myanmar; surging by 12% against the year before. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 593% against the previous year. Over the period under review, the exports of attained 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 surged to $X in 2021. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 250%. Over the period under review, the exports of attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from Myanmar, accounting for a 61% share of total exports. Moreover, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates to the United States exceeded the volume sent to the second major destination, the Czech Republic (X tons), fivefold. The third position in this ranking was held by Lithuania (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +214.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+36.6% per year) and Lithuania (+44.9% per year).

In value terms, the United States ($X) emerged as the key foreign market for snow-skis and other snow-ski equipment, ice-skates and roller-skates exports from Myanmar, comprising 57% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with an 11% share of total exports. It was followed by Lithuania, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +174.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+21.3% per year) and Lithuania (+55.4% per year).

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, increasing by 25% against the previous year. Overall, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 131% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Ethiopia ($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 South Korea (+11.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Myanmar

In 2021, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates into Myanmar soared to X tons, increasing by 17% against the previous year. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2013 when imports increased by 221% against the previous year. Imports peaked in 2021 and are expected to retain 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. Over the period under review, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of 226%. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of skis and its equipment and skates to Myanmar, with 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, France (X tons), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +26.0%.

In value terms, China ($X) constituted the largest supplier of snow-skis and other snow-ski equipment, ice-skates and roller-skates to Myanmar, comprising 89% of total imports. The second position in the ranking was taken by France ($X), with a 7.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +18.2%.

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, surging by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the average import price increased by 23% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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 France amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+126.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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