Slovakia: Ski Footwear Market 2021

Ski Footwear Market Size in Slovakia

In 2020, the Slovak ski footwear market increased by X% to $X for the first time since 2016, thus ending a three-year declining trend. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Ski footwear consumption peaked at $X in 2016; however, from 2017 to 2020, consumption failed to regain the momentum.

Ski Footwear Production in Slovakia

In value terms, ski footwear production declined significantly to $X in 2020 estimated in export prices. In general, production saw a abrupt decrease. The growth pace was the most rapid in 2010 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Ski Footwear Exports

Exports from Slovakia

In 2020, overseas shipments of ski-boots, snowboard boots and cross-country ski footwear decreased by -X% to X pairs for the first time since 2013, thus ending a six-year rising trend. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Exports peaked at X pairs in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, ski footwear exports shrank rapidly to $X in 2020. In general, exports faced a abrupt decline. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. Exports peaked at $X in 2019, and then declined sharply in the following year.

Exports by Country

The Czech Republic (X pairs) was the main destination for ski footwear exports from Slovakia, accounting for a X% share of total exports. Moreover, ski footwear exports to the Czech Republic exceeded the volume sent to the second major destination, Germany (X pairs), sevenfold. The third position in this ranking was occupied by Austria (X pairs), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the Czech Republic totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Austria (-X% per year).

In value terms, the Czech Republic ($X) emerged as the key foreign market for ski footwear exports from Slovakia, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the Czech Republic totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Austria (-X% per year).

Export Prices by Country

The average ski footwear export price stood at $X per pair in 2020, surging by X% against the previous year. Over the period under review, export price indicated pronounced growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. 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 most prominent rate of growth was recorded in 2013 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per pair. from 2014 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Germany ($X per pair), while the average price for exports to Croatia ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Ski Footwear Imports

Imports into Slovakia

In 2020, supplies from abroad of ski-boots, snowboard boots and cross-country ski footwear decreased by -X% to X pairs for the first time since 2016, thus ending a three-year rising trend. Over the period under review, imports recorded a perceptible contraction. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. As a result, imports reached the peak of X pairs. from 2010 to 2020, the growth imports remained at a lower figure.

In value terms, ski footwear imports contracted to $X in 2020. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. from 2010 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

Hungary (X pairs), Romania (X pairs) and the Czech Republic (X pairs) were the main suppliers of ski footwear imports to Slovakia, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ski footwear suppliers to Slovakia were Hungary ($X), Romania ($X) and Italy ($X), together accounting for X% of total imports.

Romania (+X% per year) saw the highest growth rate of the value of imports, among 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 ski footwear import price stood at $X per pair in 2020, surging by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2009 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure in 2020 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per pair), while the price for China ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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