Puerto Rico: 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 Puerto Rico

In 2021, the Puerto Rican 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 2016, thus ending a four-year declining trend. Over the period under review, consumption, however, showed a perceptible curtailment. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, production of snow-skis and other snow-ski equipment, ice-skates and roller-skates reached $X in 2021 estimated in export price. In general, production, however, showed a mild shrinkage. The pace of growth was the most pronounced in 2015 when the production volume increased by 49% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production of growth remained at a somewhat lower figure.

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

Exports from Puerto Rico

In 2021, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from Puerto Rico amounted to less than X kg, approximately equating the previous year's figure. Overall, exports saw a relatively flat trend pattern.

In value terms, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates totaled less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern.

Exports by Country

China prevails in roller-skates structure, finishing at X tons, which was approx. 56% of total exports in 2021. It was distantly followed by Austria (X tons), comprising a 6.9% share of total exports. France (X tons), Germany (X tons), the Czech Republic (X tons), Italy (X tons), Spain (X tons), the Netherlands (X tons), Taiwan (Chinese) (X tons), the United States (X tons), Romania (X tons) and Thailand (X tons) held a little share of total exports.

Exports from China increased at an average annual rate of +1.5% from 2012 to 2021. At the same time, Spain (+8.3%), the Netherlands (+7.4%), Taiwan (Chinese) (+6.3%) and France (+1.0%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the world, with a CAGR of +8.3% from 2012-2021. By contrast, Italy (-1.7%), Germany (-3.1%), the Czech Republic (-3.2%), Austria (-3.7%), Romania (-4.8%), the United States (-8.3%) and Thailand (-9.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China increased by +6.5 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest skis and its equipment and skates supplier from Puerto Rico, comprising 32% of global exports. The second position in the ranking was held by Austria ($X), with a 14% share of global exports. It was followed by Germany, with a 7.5% share.

In China, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates expanded at an average annual rate of +4.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Austria (-1.2% per year) and Germany (-0.5% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, standing approx. at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.3%), while the other leaders experienced more modest paces of growth.

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

Imports into Puerto Rico

Imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates into Puerto Rico was estimated at less than X kg in 2021, leveling off at the year before. In general, imports showed a relatively flat trend pattern.

In value terms, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates stood at less than $X in 2021. Over the period under review, imports saw a relatively flat trend pattern.

Imports by Country

The United States was the main importer of snow-skis and other snow-ski equipment, ice-skates and roller-skates in the world, with the volume of imports resulting at X tons, which was near 26% of total imports in 2021. Germany (X tons) ranks second in terms of the total imports with a 6.4% share, followed by Austria (5.6%), the Netherlands (5.4%) and France (4.8%). Canada (X tons), Russia (X tons), Italy (X tons), Spain (X tons), Poland (X tons), the Czech Republic (X tons), the UK (X tons) and Indonesia (X tons) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +10.5% from 2012 to 2021. At the same time, Indonesia (+23.2%), the Netherlands (+12.5%), Spain (+8.0%), Poland (+8.0%) and the UK (+1.3%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in the world, with a CAGR of +23.2% from 2012-2021. Italy and France experienced a relatively flat trend pattern. By contrast, Canada (-1.9%), Austria (-2.2%), the Czech Republic (-3.5%), Germany (-3.8%) and Russia (-5.5%) illustrated a downward trend over the same period. While the share of the United States (+14 p.p.), the Netherlands (+3.3 p.p.), Indonesia (+1.5 p.p.) and Spain (+1.5 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Austria (-2.1 p.p.), Russia (-3.4 p.p.) and Germany (-3.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported snow-skis and other snow-ski equipment, ice-skates and roller-skates into Puerto Rico, comprising 20% of global imports. The second position in the ranking was taken by Austria ($X), with a 9% share of global imports. It was followed by Germany, with an 8.4% share.

In the United States, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates increased at an average annual rate of +5.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Austria (+1.1% per year) and Germany (-1.6% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, leveling off at the previous year. Over the period under review, the import price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+3.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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