Northern America: Ski Footwear Market 2021

Ski Footwear Market Size in Northern America

In 2020, the North American ski footwear market was finally on the rise to reach $X for the first time since 2017, thus ending a two-year declining trend. 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 most prominent rate of growth was recorded in 2009 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Ski Footwear Production in Northern America

In value terms, ski footwear production surged to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a significant expansion. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2020, production failed to regain the momentum.

Production By Country in Northern America

The U.S. (X pairs) remains the largest ski footwear producing country in Northern America, comprising approx. X% of total volume.

From 2007 to 2020, the average annual rate of growth in terms of volume in the U.S. amounted to +X%.

Ski Footwear Exports

Exports in Northern America

For the fourth year in a row, Northern America recorded growth in shipments abroad of ski-boots, snowboard boots and cross-country ski footwear, which increased by X% to X pairs in 2020. Overall, exports saw a strong increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ski footwear exports skyrocketed to $X in 2020. Over the period under review, exports saw buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in years to come.

Exports by Country

In 2020, the U.S. (X pairs) was the main exporter of ski-boots, snowboard boots and cross-country ski footwear, comprising X% of total exports. It was distantly followed by Canada (X pairs), committing a X% share of total exports.

The U.S. was also the fastest-growing in terms of the ski-boots, snowboard boots and cross-country ski footwear exports, with a CAGR of +X% from 2007 to 2020. Canada (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of the U.S. increased by +X% percentage points, while Canada (-X p.p.) saw their share reduced.

In value terms, the U.S. ($X) remains the largest ski footwear supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in the U.S. amounted to +X%.

Export Prices by Country

In 2020, the ski footwear export price in Northern America amounted to $X per pair, shrinking by -X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. As a result, export price reached the peak level of $X per pair. from 2017 to 2020, the growth in terms of the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Canada ($X per pair), while the U.S. stood at $X per pair.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Ski Footwear Imports

Imports in Northern America

In 2020, approx. X pairs of ski-boots, snowboard boots and cross-country ski footwear were imported in Northern America; with a decrease of -X% on the previous year's figure. In general, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X pairs in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, ski footwear imports dropped to $X in 2020. Over the period under review, imports showed a slight curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. The level of import peaked at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the U.S. (X pairs) was the main importer of ski-boots, snowboard boots and cross-country ski footwear, committing X% of total imports. It was distantly followed by Canada (X pairs), constituting a X% share of total imports.

From 2007 to 2020, average annual rates of growth with regard to ski footwear imports into the U.S. stood at -X%. Canada (-X%) illustrated a downward trend over the same period. While the share of Canada (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of the U.S. (-X p.p.) displayed negative dynamics.

In value terms, the U.S. ($X) constitutes the largest market for imported ski-boots, snowboard boots and cross-country ski footwear in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value in the U.S. stood at -X%.

Import Prices by Country

The ski footwear import price in Northern America stood at $X per pair in 2020, with an increase of X% against the previous year. Overall, the import price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2014 an increase of X% year-to-year. Over the period under review, import prices hit record highs at $X per pair in 2015; however, from 2016 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major importing countries. In 2020, the country with the highest price was the U.S. ($X per pair), while Canada totaled $X per pair.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform

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