Russian Federation: Skis Market 2024

Skis Market Size in the Russian Federation

The Russian skis market expanded remarkably to $X in 2021, picking up by 8.2% against the previous year. Overall, consumption, however, continues to indicate a abrupt contraction. Skis consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Skis Production in the Russian Federation

In value terms, skis production soared to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of 32%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Skis Exports

Exports from the Russian Federation

In 2021, skis exports from Russia soared to X tons, with an increase of 242% against the previous year's figure. In general, exports recorded a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, skis exports surged to $X in 2021. Over the period under review, exports saw a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by 226% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Finland (X tons), Kazakhstan (X tons) and Belarus (X tons) were the main destinations of skis exports from Russia, together accounting for 64% of total exports. These countries were followed by the Czech Republic, Estonia, Canada, the United States and Sweden, which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +101.4%), while the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Kazakhstan ($X) and Belarus ($X) were the largest markets for skis exported from Russia worldwide, together comprising 69% of total exports. These countries were followed by the Czech Republic, Estonia, the United States, Canada and Sweden, which together accounted for a further 26%.

Among the main countries of destination, the United States, with a CAGR of +79.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average skis export price stood at $X per ton in 2021, dropping by -9.8% against the previous year. Overall, export price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine-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 2019 an increase of 33%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, the highest price was recorded for prices to Belarus ($X per ton) and Kazakhstan ($X per ton), while the average price for exports to the Czech Republic ($X per ton) and Finland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Skis Imports

Imports into the Russian Federation

In 2021, skis imports into Russia soared to X tons, surging by 18% compared with 2020. In general, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 101% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, skis imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2016 when imports increased by 98%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belarus (X tons), China (X tons) and Austria (X tons) were the main suppliers of skis imports to Russia, together comprising 51% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of +68.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), China ($X) and Spain ($X) constituted the largest skis suppliers to Russia, with a combined 56% share of total imports. These countries were followed by France, Bulgaria, Taiwan (Chinese), the Czech Republic, the United States, Ukraine, Belarus, Slovenia and Germany, which together accounted for a further 36%.

Belarus, with a CAGR of +55.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average skis import price stood at $X per ton in 2021, rising by 17% against the previous year. Overall, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, skis import price increased by +84.0% against 2018 indices. The growth pace was the most rapid in 2019 when the average import price increased by 34%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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