Pakistan: 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 Pakistan

In 2021, the Pakistani market for snow-skis and other snow-ski equipment, ice-skates and roller-skates was finally on the rise to reach $X for the first time since 2013, thus ending a seven-year declining trend. In general, consumption, however, continues to indicate a deep slump. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates in Pakistan

In value terms, production of snow-skis and other snow-ski equipment, ice-skates and roller-skates surged to $X in 2021 estimated in export price. In general, production, however, saw a deep downturn. Production of peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

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

Exports from Pakistan

In 2021, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from Pakistan fell markedly to X tons, declining by -49.5% on the previous year. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 340%. As a result, the exports attained the peak of X tons, and then dropped sharply in the following year.

In value terms, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates fell dramatically to $X in 2021. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 347%. As a result, the exports reached the peak of $X, and then fell notably in the following year.

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 Pakistan, accounting for a 32% 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, Sweden (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +195.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+11.8% per year) and the UK (+95.6% per year).

In value terms, the United States ($X) emerged as the key foreign market for snow-skis and other snow-ski equipment, ice-skates and roller-skates exports from Pakistan, comprising 26% of total exports. The second position in the ranking was taken by Italy ($X), with a 13% share of total exports. It was followed by Switzerland, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +198.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+34.6% per year) and Switzerland (+309.7% 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, increasing by 31% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to the UK ($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 Denmark (+21.8%), 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 Pakistan

In 2021, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates into Pakistan surged to X tons, with an increase of 69% on the previous year. In general, imports recorded a slight expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 145%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates soared to $X in 2021. Overall, imports, however, continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2015 with an increase of 162%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and Austria (X kg) were the main suppliers of imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates to Pakistan, with a combined 98% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +64.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of snow-skis and other snow-ski equipment, ice-skates and roller-skates to Pakistan, comprising 79% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 7.2% share of total imports. It was followed by Austria, with a 7% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+48.8% per year) and Austria (-2.8% per year).

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, waning by -3% against the previous year. In general, the import price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2020 when the average import price increased by 31%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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 Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+24.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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