Slovenia: Water-Skis And Surfboards Market 2024

Water-Skis And Surfboards Market Size in Slovenia

The Slovene water-skis and surfboards market surged to $X in 2022, picking up by 35% against the previous year. In general, consumption showed a resilient increase. Water-skis and surfboards consumption peaked in 2022 and is likely to continue growth in years to come.

Water-Skis And Surfboards Production in Slovenia

In value terms, water-skis and surfboards production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, faced a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 8.8% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Water-Skis And Surfboards Exports

Exports from Slovenia

After two years of growth, overseas shipments of water-skis, surfboards and sailboards decreased by -25.2% to X units in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 116% against the previous year. The exports peaked at X units in 2021, and then shrank dramatically in the following year.

In value terms, water-skis and surfboards exports declined rapidly to $X in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 143%. Over the period under review, the exports reached the maximum at $X in 2021, and then fell dramatically in the following year.

Exports by Country

Croatia (X units), China (X units) and Austria (X units) were the main destinations of water-skis and surfboards exports from Slovenia, with a combined 73% share of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +204.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for water-skis and surfboards exported from Slovenia were the Czech Republic ($X), Austria ($X) and Croatia ($X), together accounting for 59% of total exports. Germany, China, Serbia and Italy lagged somewhat behind, together accounting for a further 23%.

Germany, with a CAGR of +178.9%, recorded the highest growth rate of the value of exports, in terms of 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

In 2022, the average water-skis and surfboards export price amounted to $X per unit, waning by -4.7% against the previous year. Over the period under review, the export price, however, continues to indicate a strong increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 213% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Serbia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Water-Skis And Surfboards Imports

Imports into Slovenia

In 2022, the amount of water-skis, surfboards and sailboards imported into Slovenia totaled X units, increasing by 3% against 2021. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 101%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, water-skis and surfboards imports shrank to $X in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. As a result, imports reached the peak of $X, and then fell modestly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of water-skis and surfboards to Slovenia, accounting for a 78% share of total imports. Moreover, water-skis and surfboards imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at +34.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.5% per year) and Germany (+29.6% per year).

In value terms, China ($X) constituted the largest supplier of water-skis, surfboards and sailboards to Slovenia, comprising 65% of total imports. The second position in the ranking was held by Italy ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +33.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.5% per year) and Germany (+16.6% per year).

Import Prices by Country

In 2022, the average water-skis and surfboards import price amounted to $X per unit, declining by -6% against the previous year. Over the period under review, the import price saw a perceptible descent. The pace of growth was the most pronounced in 2016 an increase of 27% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform