Southern Asia: Ski Footwear Market 2021

Ski Footwear Market Size in Southern Asia

The South Asian ski footwear market dropped significantly to $X in 2020, reducing by -X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Ski Footwear Production in Southern Asia

In value terms, ski footwear production skyrocketed to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2020, production failed to regain the momentum.

Production By Country in Southern Asia

The country with the largest volume of ski footwear production was India (X pairs), comprising approx. X% of total volume. Moreover, ski footwear production in India exceeded the figures recorded by the second-largest producer, Pakistan (X pairs), fourfold. The third position in this ranking was occupied by Bangladesh (X pairs), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in India was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Pakistan (+X% per year) and Bangladesh (+X% per year).

Ski Footwear Exports

Exports in Southern Asia

Ski footwear exports skyrocketed to X pairs in 2020, rising by X% compared with the previous year's figure. Overall, exports posted a remarkable increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ski footwear exports skyrocketed to $X in 2020. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. The level of export peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of ski-boots, snowboard boots and cross-country ski footwear, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the ski-boots, snowboard boots and cross-country ski footwear exports, with a CAGR of +X% from 2007 to 2020. While the share of India (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest ski footwear supplier in Southern Asia.

In India, ski footwear exports plunged by an average annual rate of -X% over the period from 2007-2020.

Export Prices by Country

In 2020, the ski footwear export price in Southern Asia amounted to $X per pair, dropping by -X% against the previous year. In general, the export price saw a sharp curtailment. The growth pace was the most rapid in 2017 an increase of X% y-o-y. Over the period under review, export prices attained the peak figure at $X per pair in 2009; however, from 2010 to 2020, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2007 to 2020, the rate of growth in terms of prices for India amounted to -X% per year.

Ski Footwear Imports

Imports in Southern Asia

In 2020, ski footwear imports in Southern Asia surged to X pairs, increasing by X% on the previous year. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The volume of import peaked in 2020 and is likely to see gradual growth in the near future.

In value terms, ski footwear imports shrank markedly to $X in 2020. In general, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell significantly in the following year.

Imports by Country

India prevails in ski footwear imports structure, recording X pairs, which was approx. X% of total imports in 2020. Afghanistan (X pairs) held a relatively small share of total imports.

Imports into India increased at an average annual rate of +X% from 2007 to 2020. At the same time, Afghanistan (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +X% from 2007-2020. While the share of India (+X p.p.) and Afghanistan (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ski footwear importing markets in Southern Asia were India ($X) and Afghanistan ($X the main importing countries, Afghanistan (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2020, the ski footwear import price in Southern Asia amounted to $X per pair, shrinking by -X% against the previous year. Overall, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per pair in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Afghanistan ($X per pair), while India amounted to $X per pair.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Afghanistan.

Source: IndexBox Platform

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