Slovakia: Skis Market 2024

Skis Market Size in Slovakia

The Slovak skis market expanded slightly to $X in 2021, picking up by 2.4% against the previous year. Over the period under review, the total consumption indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -6.0% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Skis Production in Slovakia

In value terms, skis production expanded markedly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2018 with an increase of 74%. Skis production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Skis Exports

Exports from Slovakia

In 2021, approx. X tons of skis for winter sports were exported from Slovakia; jumping by 23% against the previous year. Over the period under review, exports recorded a strong increase. The growth pace was the most rapid in 2014 when exports increased by 1,402%. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, skis exports soared to $X in 2021. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 3,220%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons) was the main destination for skis exports from Slovakia, accounting for a 84% share of total exports. Moreover, skis exports to the Czech Republic exceeded the volume sent to the second major destination, Romania (X kg), more than tenfold. The third position in this ranking was held by Germany (X kg), with a 1.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic totaled +31.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+142.9% per year) and Germany (+89.3% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for skis for winter sports exports from Slovakia, comprising 62% of total exports. The second position in the ranking was taken by Romania ($X), with a 6.9% share of total exports. It was followed by Germany, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic totaled +39.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+147.2% per year) and Germany (+92.8% per year).

Export Prices by Country

The average skis export price stood at $X per ton in 2021, growing by 23% against the previous year. Overall, the export price posted a resilient increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 121% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to the Czech Republic ($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 Hungary (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Skis Imports

Imports into Slovakia

After two years of growth, purchases abroad of skis for winter sports decreased by -12.3% to X tons in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 22% against the previous year. Imports peaked at X tons in 2020, and then contracted in the following year.

In value terms, skis imports declined rapidly to $X in 2021. In general, total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +37.5% against 2014 indices. The pace of growth appeared the most rapid in 2013 with an increase of 23%. Imports peaked at $X in 2020, and then fell remarkably in the following year.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest supplier of skis to Slovakia, with a 63% share of total imports. Moreover, skis imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Austria (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic stood at +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+8.3% per year) and Germany (-0.5% per year).

In value terms, the Czech Republic ($X), Austria ($X) and Italy ($X) appeared to be the largest skis suppliers to Slovakia, with a combined 89% share of total imports.

Italy, with a CAGR of +41.4%, 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, reducing by -7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2018 when the average import price increased by 20% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then declined in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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