Report Update Nov 1, 2024

Singapore - Skis for Winter Sports - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Skis Market 2024

Skis Market Size in Singapore

In 2021, the Singaporean skis market decreased by -25.2% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption continues to indicate a dramatic decline. Skis consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Skis Exports

Exports from Singapore

In 2021, overseas shipments of skis for winter sports increased by 14% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports posted a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 371%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, skis exports surged to $X in 2021. Over the period under review, exports enjoyed a remarkable increase. The growth pace was the most rapid in 2018 when exports increased by 499%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Japan (X kg), Australia (X kg) and Indonesia (X kg) were the main destinations of skis exports from Singapore, together comprising 88% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +68.0%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Australia ($X) and Indonesia ($X) constituted the largest markets for skis exported from Singapore worldwide, together accounting for 83% of total exports.

Japan, with a CAGR of +80.8%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination 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, growing by 5.6% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, skis export price increased by +137.3% against 2017 indices. The pace of growth was the most pronounced in 2018 an increase of 88%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Germany ($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 the United Arab Emirates (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Skis Imports

Imports into Singapore

In 2021, overseas purchases of skis for winter sports decreased by -2.8% to X tons, falling for the third year in a row after two years of growth. In general, imports recorded a deep reduction. The growth pace was the most rapid in 2015 when imports increased by 691% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, skis imports stood at $X in 2021. Overall, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of 590% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X kg) constituted the largest supplier of skis to Singapore, accounting for a 32% share of total imports. Moreover, skis imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), twofold. The third position in this ranking was taken by Spain (X kg), with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume from France stood at +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-2.7% per year) and Spain (+17.4% per year).

In value terms, France ($X), the Netherlands ($X) and Spain ($X) appeared to be the largest skis suppliers to Singapore, together comprising 58% of total imports. The UK, Canada, Bulgaria, Hong Kong SAR, New Zealand, the United States, Thailand, Taiwan (Chinese), Poland and Belgium lagged somewhat behind, together comprising a further 31%.

Canada, with a CAGR of +113.4%, saw the highest rates of growth with regard to 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

In 2021, the average skis import price amounted to $X per ton, growing by 4.3% against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2016 an increase of 21% against the previous year. The import price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Bulgaria ($X per ton), while the price for Belgium ($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 (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for skis for winter sports in the world?

China constituted the country with the largest volume of skis consumption, accounting for 24% of total volume. Moreover, skis consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 6.4% share.

What are the largest producers of skis for winter sports in the world?

The country with the largest volume of skis production was China, comprising approx. 24% of total volume. Moreover, skis production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.4% share.

What are the leading suppliers of skis for winter sports to Singapore?

In value terms, the United States, the Netherlands and Slovenia were the largest skis suppliers to Singapore, together accounting for 48% of total imports. Spain, the UK, China, the Czech Republic, Canada, Thailand, Malaysia, Belgium, France and India lagged somewhat behind, together comprising a further 40%.

What are the leading importers of skis for winter sports from Singapore?

In value terms, Australia remains the key foreign market for skis exports from Singapore, comprising 67% of total exports. The second position in the ranking was occupied by Austria, with an 8.9% share of total exports. It was followed by the United States, with a 5.4% share.

What is the average export price for skis for winter sports in Singapore?

The average skis export price stood at $166 per pair in 2021, reducing by -5.3% against the previous year.

What is the average import price for skis for winter sports in Singapore?

In 2021, the average skis import price amounted to $181 per pair, surging by 15% against the previous year.

This report provides an in-depth analysis of the skis market in Singapore. 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 2030.

Product coverage:

Prodcom 32301131 - Skis, for winter sports

Country coverage:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
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
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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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023