South-Eastern Asia: Market for Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates 2024

Market Size for Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates in South-Eastern Asia

In 2021, the Southeast Asian market for snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by 22% to $X, rising for the second year in a row after five years of decline. In general, consumption, however, recorded a noticeable curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates in South-Eastern Asia

In value terms, production of snow-skis and other snow-ski equipment, ice-skates and roller-skates shrank to $X in 2021 estimated in export price. Overall, production recorded a pronounced slump. The most prominent rate of growth was recorded in 2014 with an increase of 11%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates

Exports in South-Eastern Asia

In 2021, approx. X tons of snow-skis and other snow-ski equipment, ice-skates and roller-skates were exported in South-Eastern Asia; shrinking by -37.5% against the previous year. In general, exports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2018 with an increase of 25%. The volume of export peaked at X tons in 2020, and then dropped dramatically in the following year.

In value terms, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates declined notably to $X in 2021. The total export value increased at an average annual rate of +1.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 22%. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Vietnam (X tons) represented the main exporter of snow-skis and other snow-ski equipment, ice-skates and roller-skates, making up 56% of total exports. It was distantly followed by Thailand (X tons), Malaysia (X tons) and Singapore (X tons), together comprising a 43% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +44.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest skis and its equipment and skates supplying countries in South-Eastern Asia were Vietnam ($X), Thailand ($X) and Malaysia ($X), together accounting for 94% of total exports.

Among the main exporting countries, Malaysia, with a CAGR of +38.9%, 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 export price in South-Eastern Asia amounted to $X per ton, surging by 24% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+6.0%), while the other leaders experienced mixed trends in the export price figures.

Imports of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates

Imports in South-Eastern Asia

In 2021, purchases abroad of snow-skis and other snow-ski equipment, ice-skates and roller-skates increased by 109% to X tons, rising for the second consecutive year after three years of decline. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 224% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates soared to $X in 2021. Over the period under review, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Indonesia was the major importer of snow-skis and other snow-ski equipment, ice-skates and roller-skates in South-Eastern Asia, with the volume of imports accounting for X tons, which was approx. 58% of total imports in 2021. It was distantly followed by Thailand (X tons), Singapore (X tons), Vietnam (X tons) and Malaysia (X tons), together mixing up a 37% share of total imports. Cambodia (X tons) took a little share of total imports.

Imports into Indonesia increased at an average annual rate of +23.2% from 2012 to 2021. At the same time, Cambodia (+32.1%), Thailand (+28.4%), Vietnam (+10.9%), Singapore (+4.2%) and Malaysia (+3.6%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +32.1% from 2012-2021. From 2012 to 2021, the share of Indonesia, Thailand and Cambodia increased by +21, +9.1 and +1.7 percentage points, respectively.

In value terms, Indonesia ($X), Singapore ($X) and Vietnam ($X) constituted the countries with the highest levels of imports in 2021, with a combined 62% share of total imports. Thailand, Malaysia and Cambodia lagged somewhat behind, together comprising a further 34%.

In terms of the main importing countries, Thailand, with a CAGR of +19.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per ton, shrinking by -14.2% against the previous year. In general, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2018 when the import price increased by 255%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Singapore ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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