Republic of Korea - Ski-Boots, Snowboard Boots and Cross-Country Ski Footwear - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRepublic of Korea: Ski Footwear Market 2021
Ski Footwear Market Size in Republic of Korea
The South Korean ski footwear market surged to $X in 2020, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a slight setback. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Ski footwear consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.
Ski Footwear Exports
Exports from Republic of Korea
In 2020, the amount of ski-boots, snowboard boots and cross-country ski footwear exported from South Korea fell dramatically to X pairs, dropping by -X% on the previous year. Over the period under review, exports faced a abrupt setback. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, exports reached the peak of X pairs. from 2014 to 2020, the growth exports remained at a somewhat lower figure.
In value terms, ski footwear exports reduced remarkably to $X in 2020. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.
Exports by Country
Japan (X pairs) was the main destination for ski footwear exports from South Korea, accounting for a approx. X% share of total exports.
From 2007 to 2020, the average annual rate of growth in terms of volume to Japan totaled -X%.
In value terms, Japan ($X) also remains the key foreign market for ski footwear exports from South Korea.
From 2007 to 2020, the average annual rate of growth in terms of value to Japan stood at -X%.
Export Prices by Country
In 2020, the average ski footwear export price amounted to $X per pair, surging by X% against the previous year. Overall, export price indicated a tangible expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, ski footwear export price increased by +X% against 2018 indices. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The export price peaked at $X per pair in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2007 to 2020, the rate of growth in terms of prices for Japan amounted to +X% per year.
Ski Footwear Imports
Imports into Republic of Korea
Ski footwear imports into South Korea dropped to X pairs in 2020, which is down by -X% on 2019. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X pairs in 2008; however, from 2009 to 2020, imports remained at a lower figure.
In value terms, ski footwear imports surged to $X in 2020. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.
Imports by Country
In 2020, China (X pairs) constituted the largest supplier of ski footwear to South Korea, with a X% share of total imports. Moreover, ski footwear imports from China exceeded the figures recorded by the second-largest supplier, Italy (X pairs), twofold. The third position in this ranking was occupied by Romania (X pairs), with a X% share.
From 2007 to 2020, the average annual growth rate of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Romania (-X% per year).
In value terms, China ($X) constituted the largest supplier of ski footwear to South Korea, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Romania, with a X% share.
From 2007 to 2020, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Romania (-X% per year).
Import Prices by Country
In 2020, the average ski footwear import price amounted to $X per pair, growing by X% against the previous year. Over the period under review, import price indicated buoyant growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% y-o-y. The import price peaked in 2020 and is likely to see gradual growth in years to come.
Prices varied noticeably by the country of origin; the country with the highest price was China ($X per pair), while the price for Moldova ($X per pair) was amongst the lowest.
From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the ski footwear market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
- Prodcom 32301200 - Snow-ski footwear
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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