Norway: 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 Norway

After two years of decline, the Norwegian market for snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by 53% to $X in 2021. Overall, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

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

Exports from Norway

Exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from Norway skyrocketed to X tons in 2021, increasing by 78% against 2020. In general, exports, however, recorded a pronounced descent. Over the period under review, the exports of reached the maximum at X tons in 2012; however, from 2013 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, however, showed a relatively flat trend pattern. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons), Russia (X tons) and Finland (X tons) were the main destinations of exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from Norway, with a combined 52% share of total exports. These countries were followed by Lithuania, the Czech Republic, the United States, Germany, China, Denmark, Estonia, Austria, France and Canada, which together accounted for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +62.6%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for snow-skis and other snow-ski equipment, ice-skates and roller-skates exports from Norway, comprising 39% of total exports. The second position in the ranking was held by Finland ($X), with a 9.8% share of total exports. It was followed by Russia, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+0.7% per year) and Russia (-5.5% per year).

Export Prices by Country

In 2021, the average export price for snow-skis and other snow-ski equipment, ice-skates and roller-skates amounted to $X per ton, growing by 4.4% against the previous year. Over the last nine years, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2013 an increase of 24% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual 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 Sweden ($X per ton), while the average price for exports to Lithuania ($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 China (+11.3%), 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 Norway

In 2021, purchases abroad of snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by 49% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, recorded a slight reduction. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates soared to $X in 2021. The total import value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports of reached the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of skis and its equipment and skates to Norway, with a 32% 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, the Czech Republic (X tons), twofold. The third position in this ranking was held by Austria (X tons), with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+1.8% per year) and Austria (-6.2% per year).

In value terms, the largest skis and its equipment and skates suppliers to Norway were China ($X), Austria ($X) and the Czech Republic ($X), with a combined 49% share of total imports. These countries were followed by Germany, Spain, Bulgaria, Sweden, France, Taiwan (Chinese), Romania, Lithuania, Slovenia and Vietnam, which together accounted for a further 34%.

Bulgaria, with a CAGR of +29.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for snow-skis and other snow-ski equipment, ice-skates and roller-skates amounted to $X per ton, picking up by 9.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2017 when the average import price increased by 21% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

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 Austria ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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