South Africa: Skis Market 2024

Skis Market Size in South Africa

The South African skis market expanded rapidly to $X in 2021, increasing by 11% against the previous year. In general, consumption, however, recorded a noticeable decline. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Skis Production in South Africa

In value terms, skis production amounted to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by 17%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Skis Exports

Exports from South Africa

In 2021, approx. X kg of skis for winter sports were exported from South Africa; which is down by -22.9% compared with the year before. In general, exports showed a deep contraction. The pace of growth appeared the most rapid in 2019 with an increase of 431%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, skis exports shrank notably to $X in 2021. Over the period under review, exports showed a abrupt downturn. The growth pace was the most rapid in 2019 when exports increased by 454% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X kg), Tanzania (X kg) and Zimbabwe (X kg) were the main destinations of skis exports from South Africa, with a combined 58% share 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 Zimbabwe (with a CAGR of +31.6%), while the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), Tanzania ($X) and Zimbabwe ($X) constituted the largest markets for skis exported from South Africa worldwide, together accounting for 58% of total exports.

Among the main countries of destination, Zimbabwe, with a CAGR of +34.4%, saw 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

In 2021, the average skis export price amounted to $X per ton, with an increase of 4.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2013 an increase of 12% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2021, the countries with the highest prices were Lesotho ($X per ton) and Malawi ($X per ton), while the average price for exports to Tanzania ($X per ton) and Namibia ($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 Lesotho (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Skis Imports

Imports into South Africa

In 2021, the amount of skis for winter sports imported into South Africa surged to X kg, increasing by 16% against 2020. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 341%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, skis imports surged to $X in 2021. Overall, imports enjoyed a notable expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 430% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Czech Republic (X kg), the United States (X kg) and China (X kg) were the main suppliers of skis imports to South Africa, together comprising 72% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +340.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest skis suppliers to South Africa were the Czech Republic ($X), the United States ($X) and China ($X), with a combined 71% share of total imports.

The Czech Republic, with a CAGR of +304.8%, 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

In 2021, the average skis import price amounted to $X per ton, surging by 7.6% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, skis import price increased by +46.4% against 2016 indices. The most prominent rate of growth was recorded in 2014 an increase of 44% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Italy ($X per ton) and Germany ($X per ton), while the price for the Czech Republic ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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