South-Eastern Asia: Ski Footwear Market 2021

Ski Footwear Market Size in South-Eastern Asia

The Southeast Asian ski footwear market declined slightly to $X in 2020, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2020, consumption stood at a somewhat lower figure.

Ski Footwear Production in South-Eastern Asia

In value terms, ski footwear production shrank to $X in 2020 estimated in export prices. The total output 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 in certain years. The pace of growth was the most pronounced in 2019 when the production volume increased by X% year-to-year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2020, production stood at a somewhat lower figure.

Production By Country in South-Eastern Asia

Indonesia (X pairs) remains the largest ski footwear producing country in South-Eastern Asia, accounting for X% of total volume. Moreover, ski footwear production in Indonesia exceeded the figures recorded by the second-largest producer, Thailand (X pairs), twofold. Vietnam (X pairs) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in Indonesia amounted to +X%. In the other countries, the average annual rates were as follows: Thailand (+X% per year) and Vietnam (-X% per year).

Ski Footwear Exports

Exports in South-Eastern Asia

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 2016, thus ending a three-year rising trend. In general, exports, however, posted a mild increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. The volume of export peaked at X pairs in 2019, and then reduced notably in the following year.

In value terms, ski footwear exports fell significantly to $X in 2020. Overall, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2019, and then reduced rapidly in the following year.

Exports by Country

Myanmar (X pairs), Cambodia (X pairs), Thailand (X pairs) and Vietnam (X pairs) represented roughly X% of total exports of ski-boots, snowboard boots and cross-country ski footwear in 2020. It was distantly followed by Indonesia (X pairs), committing a X% share of total exports.

From 2007 to 2020, the biggest increases were in Myanmar (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest ski footwear supplying countries in South-Eastern Asia were Myanmar ($X), Vietnam ($X) and Cambodia ($X), together comprising X% of total exports.

Myanmar (+X% per year) recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the ski footwear export price in South-Eastern Asia amounted to $X per pair, with an increase of X% against the previous year. Export price indicated a prominent expansion 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. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Vietnam ($X per pair), while Thailand ($X per pair) was amongst the lowest.

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

Ski Footwear Imports

Imports in South-Eastern Asia

In 2020, approx. X pairs of ski-boots, snowboard boots and cross-country ski footwear were imported in South-Eastern Asia; growing by X% against the previous year's figure. Over the period under review, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ski footwear imports surged to $X in 2020. In general, imports showed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Philippines represented the largest importing country with an import of around X pairs, which reached X% of total imports. It was distantly followed by Singapore (X pairs), creating a X% share of total imports. Lao People's Democratic Republic (X pairs), Myanmar (X pairs) and Malaysia (X pairs) occupied a minor share of total imports.

From 2007 to 2020, average annual rates of growth with regard to ski footwear imports into the Philippines stood at +X%. At the same time, Lao People's Democratic Republic (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +X% from 2007-2020. By contrast, Malaysia (-X%) and Myanmar (-X%) illustrated a downward trend over the same period. While the share of the Philippines (+X p.p.) and Lao People's Democratic Republic (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Singapore (-X p.p.), Malaysia (-X p.p.) and Myanmar (-X p.p.) displayed negative dynamics.

In value terms, the Philippines ($X) constitutes the largest market for imported ski-boots, snowboard boots and cross-country ski footwear in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Lao People's Democratic Republic ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

In the Philippines, ski footwear imports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Lao People's Democratic Republic (+X% per year) and Singapore (-X% per year).

Import Prices by Country

In 2020, the ski footwear import price in South-Eastern Asia amounted to $X per pair, with a decrease of -X% against the previous year. Overall, the import price saw a mild contraction. The most prominent rate of growth was recorded in 2013 when the import price increased by X% year-to-year. Over the period under review, import prices reached the maximum at $X per pair in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Myanmar ($X per pair), while Singapore ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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