Report Update Nov 1, 2024

Sri Lanka - Skis for Winter Sports - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Skis Market 2024

Skis Market Size in Sri Lanka

The Sri Lankan skis market soared to $X in 2021, picking up by 22% against the previous year. In general, consumption, however, saw a perceptible decrease. Skis consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Skis Production in Sri Lanka

In value terms, skis production soared to $X in 2021 estimated in export price. In general, production, however, saw a noticeable descent. Skis production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Skis Exports

Exports from Sri Lanka

In 2021, shipments abroad of skis for winter sports increased by 2,771% to X kg, rising for the second consecutive year after two years of decline. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, skis exports soared to $X in 2021. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X kg) was the main destination for skis exports from Sri Lanka, with a 77% share of total exports. Moreover, skis exports to the United States exceeded the volume sent to the second major destination, Germany (X kg), tenfold.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+20.4% per year) and Norway (+28.4% per year).

In value terms, the United States ($X) emerged as the key foreign market for skis for winter sports exports from Sri Lanka, comprising 64% of total exports. The second position in the ranking was taken by Germany ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+30.3% per year) and Norway (+61.2% per year).

Export Prices by Country

In 2021, the average skis export price amounted to $X per ton, growing by 7.8% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, skis export price increased by +40.1% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 30%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+26.1%).

Skis Imports

Imports into Sri Lanka

In 2021, overseas purchases of skis for winter sports decreased by -50% to X kg, falling for the fifth year in a row after two years of growth. Over the period under review, imports saw a sharp decline. The most prominent rate of growth was recorded in 2016 when imports increased by 50% against the previous year. Over the period under review, imports attained the peak figure at X kg in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, skis imports shrank significantly to $X in 2021. Overall, imports continue to indicate a dramatic setback. The smallest decline of -27.4% was in 2016. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X kg) was the main skis supplier to Sri Lanka, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from India amounted to -30.4%.

In value terms, India ($X) constituted the largest supplier of skis for winter sports to Sri Lanka, comprising 84% of total imports. The second position in the ranking was held by the UK ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual growth rate of value from India amounted to -14.7%.

Import Prices by Country

In 2021, the average skis import price amounted to $X per ton, with an increase of 12% against the previous year. Overall, the import price, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 249% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for India stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+23.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for skis for winter sports in the world?

China constituted the country with the largest volume of skis consumption, comprising approx. 24% of total volume. Moreover, skis consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 6.4% share.

What are the largest producers of skis for winter sports in the world?

China constituted the country with the largest volume of skis production, accounting for 24% of total volume. Moreover, skis production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.4% share.

What are the leading suppliers of skis for winter sports to Sri Lanka?

In value terms, the United Arab Emirates $129) constituted the largest supplier of skis to Sri Lanka, comprising 91% of total imports. The second position in the ranking was occupied by the United States $12), with an 8.5% share of total imports.

What are the leading importers of skis for winter sports from Sri Lanka?

In value terms, the United States $803) emerged as the key foreign market for skis exports from Sri Lanka, comprising 78% of total exports. The second position in the ranking was occupied by Germany $159), with a 15% share of total exports.

What is the average export price for skis for winter sports in Sri Lanka?

In 2021, the average skis export price amounted to $87 per pair, falling by -29.3% against the previous year.

What is the average import price for skis for winter sports in Sri Lanka?

In 2021, the average skis import price amounted to $5.6 per pair, falling by -97.8% against the previous year.

This report provides an in-depth analysis of the skis market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32301131 - Skis, for winter sports

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023